NASDAQ:INVE
Good evening traders!
I recently stumbled upon $INVE and its been all around appealing to me so far, with technicals and fundamentals.
Today I was looking to add to my positions and at first glance it seems that INVE is at a great place to make another entry.
It appears to be taking a breather before going on yet another healthy rally to continue...
This video covers trendlines and one of the most common questions traders have about them - how do we know if a breakout is a 'real' breakout and not a fakeout?
Disclaimer: Please consult with your financial adviser before investing. Any statements made are not an investment advice and should not be taken as such. It is purely a speculative opinion. Invest at your own risk.
Since my first Amazon analysis, we rallied higher towards a potential double top target, but we met resistance pretty quickly and have begun to drop. There's no need to panic yet, because it seems like the uptrend from 2015 is still intact (in orange). However, if that fails, we may have to head all the way down to our long term log support (in purple), especially...
Just a brief analysis. There is a possibility that the market will rally higher and that we will see a blow off top, but the DJI has found pretty substantial resistance again above 26000 so we may be about to see the true initial drop of an incoming recession. The December drop was merely the start, and subsequent rally was constructed so that people have another...
Looking like a failed H+S. I use fib so looking for target of .618 retrace for this earnings report. I've been reading up at MU has a ton of debt that it will have trouble paying off as interest rates going up, they definitely won't be able to do stock buybacks. If things get really bad then 16... but for right now kinda just looking like the platform support of...
don't feel like explaining too much. 27.17 LOD tomorrow Friday 8/14.
27.17 to 30.66
30.66 to 25.
25 to some retrace... 27? should be trending though so nothing major. after.
Lots of sideways before "oversold buy ins start, target of 40 means last buy in point 2/3 of way to stop 15.87... last earnings report price.
I bought SPY Puts earlier 8/17 270 and 263. Although, my portfolio is down 40% at the moment, I came across the Elliot Wave Theory and thought that this might come in play. Friday's strong push caught me off guard so it would only be a miracle if this comes true. However, if we see strong momentum that breaks past ~276, I will close out my positions.
Disclaimer:...
On this wide time scale, it is easy to see a classic U-shaped Double Top formation (Naked Forex), which often precedes downward price action.
This pattern plays out like a carbon copy on FMCCP, FMCCT, FMCKI, & FMCKP.
Those seeking to enter into a long-term long position in the Freddie Mac family of CMN and PFD stocks that have not already done so should consider...
