It's a very aggressive manner to forecast that here is the turning point, but here is a good possibility. So I expect a huge bull in oil from here and it's very important not to move below 10.26!!! In this wave's target could be around 30 - 40$. If the oil is not able to move above 16.50 and fall below 10.26 then new low will come!!
NASDAQ:BBBY price is destroyed this morning, based on some ugly sales numbers for the chain. However, stock was more than punished for all the problems in recent years. So key question is whether future turnaround would be succesful? If it is, now might be actually good time to buy, and technical picture potentially supports it. If inverted H&S would be...
TD is a small construction and engineering player in Portugal that has been burdened by high debt levels used to acquire real estate in the country. Over the years the company has been able to succesfully deleverage and is now reaching the point where it will be able to monetize a significant part of the investments made over the years as the real estate market is...
$M has caught our eye. The stock does have more work to do, but it is on the verge of a breakout. We need to get above $18 to confirm, but we also believe that the lows of $14.11 are in. We believe investors and funds are going to start banking on a $M turnaround. Here's the latest news on the $M turnaround. Macy’s plans to shutter 125 department stores over the...
Did not fully work as planned on first recommendation, as price continued to consolidate in what appears as major bullish flag. But today on earnings release, we finally got strong follow through. Still needs to clear resistances ahead, but overall looks promising as a major turnaround play this year.
Danish Midcap IT firm Columbus normally avoids public radar, which might allow some upside here. Considering the past 6 months' development, I don't believe the major price fall is completely justified and I believe a turn around is possible. The recent development in the stock price shows strong support in 8.70 DKK, whereby this might be a long term bottom and...
We have seen a downgoing trend for a long time, with a clear roof. If we are to break this roof (with all the new orders, the modifications within the company etc.) there is a great chance of moving up. If momentum raises and more orders drop in, I see no resistance until 1,5kr. This is just my thoughts, please drop some comments or make your own analysis.
ATGN just acquired Workspace Communications which we view as a great acquisition that’s accretive and has been derisked. Altigen is now working with RBBN Altigen is still the only profitable UC co in the space. While FIVN “talks” about integration w MSFT, in some recent press releases - do some homework and you’ll find out it’s really Altigen that’s ahead -...
This time we have strong fundamental analysis that supports an upcoming bull run. KR's earnings report came out a couple days ago and were 31.72% greater than expected! However, stronger evidence on the technical side is needed to convince me of a good buy. I'll wait on bullish confirmation from the 12 period EMA and evidence of a turnaround from the MACD.
Oil demonstrates some exhaustion on MACD. Move down through $56.05 confirms the idea, but move above 58.05 would invalidate it.
Taking a quick look at the chart and analyzing volume, one can easily see the turnaround is soon to come. Look for a consistent price turnaround in the month of July (2018). The confirmed turnaround should occur early-mid August (2018). What do I know right???
Since the beginning of today's trading session, the pair is slowly rising. We still believe that the pair will fall below the 1.15 mark. However, at the moment, the price has turned around. The price began to rise not reaching the lower border of the corridor. On Thursday, amid fears of investors about the trade war and Friday's completion of the week, investors...
We observe that our forecast worked and the pair reached the level of 7.100. Now we see on the chart that the most likely price movement will be reaching the level of 7.900 at the level of which reverse reversal is possible. If previously at previous levels the pair has already found local resistance levels, but in the current corridor (7.500-7.900) we have not...
Well my scenario shows the next bearish flag with potential for my target. I think this blue trendline will cause a reaction. More analysis. t.me
Hello traders! I really am taking a look in some of the BTC pairs right now since my focus is mainly on trading on Bitmax! now. I see a nice long position here and long term trade. the first target would be around 0.14321, where the really nice RS is and if we dont break that, this could mean tha we are going even lower and break the triangle... Slo_crypto
Hello Traders, Long for GBPJPY anticipated. I highly honor your reflections on my analysis. Thank you.
Yesterday’s session was interesting for multiple reasons. Firstly the S&P configuration: Opening above the previous historic high but slowly eroding intraday from that new top, to end below the previous close in above average volume. Secondly, the technicals on the index suggest a reversal could be at play from a very high RSI above 80 (overbought). Thirdly, the...
Is it time now? If it closes above this trendline by the end of the week, well worth watching and keeping an eye out for entries intraday and daily.