Whats up guys! Hope everyone is doing well! Lets take a look at this value stock also known as QVC on the weekly chart. -Price is trending above the 21 and 200 day moving averages. -RSI, volume and MACD showing signs of a slight pull back. -Possible cup and handle forming as well as as a megaphone to the upside! let me know what you think in the...
Looks like the easy money maker - the cup and handle for QRTEA.
QRTEA is forming a cup and handle pattern. Watch for a break over resistance and then for it to become support.
NASDAQ:QRTEA Possible Scenario: LONG Evidence: Price Action This is my idea and could be wrong 100%.
and when you apply that saying here the trend is not your friend, be very careful here :) reminds me of ACB puts for those who remember how that played out ;) gl!
RSI indicator shows it is extremely overbought. I have decided to buy in and try to make a couple bucks. However, I do not plan to hold onto them for awhile. I believe in the coming weeks, it will start decreasing.
QRTEA broke above long term resistance at 10$ now at a correction, looking to bounce to new highs
I've alerted to this setup few days ago here. Today, ascending triangle breakout price target has been reached.
okay, last chart for the night! NASDAQ:QRTEA looks pretty coiled on this ascending triangle chart pattern. if you by the breakout, make sure you take profits around $12. Strong resistance there. Nice setup with the breakout clearing 3 major inflection points (ascending triangle resistance, 200 day MA, and round number $10).
Need a but more volume on breakout to push it further, I see it can easily hit $10.50 in next few weeks. Stop loss can be placed at $9.
Mixed signals on this , Primary wedge ( white ) got broken but failed to rally due to lack of buyers, Head and shoulders pattern created from a secondary impulse up after break out , sending us to lower levels, secondary descending channel has been created where price consolidates in at the moment, RSI on Daily shows class A bullish divergence, I was originally...
John C. Malone is the largest shareholder of Qurate Retail, Inc.