Contextual immersion trading strategy idea. Abbott Laboratories discovers, develops, manufactures, and sells health care products. The demand for shares of the company looks lower than the supply. This and other conditions can cause a fall in the share price in the next days. So I opened a short position from $5,32; stop-loss — $5,77. Information about...
Ascending Triangle Pros: Flat volumes R/R ratio above 13 No resistance above 10,17 Cons: PPS below 50MA and 200MA 200MA flat/descending 250MA below 50 RS descending and under 0 ATR descending, less volatile If confirmed: PT1=7,54 PT2=8,83 PT3=9,97 PT4=10,17 No resistance Above
Contextual immersion trading strategy idea. PCTEL, Inc., together with its subsidiaries, delivers performance critical telecom solutions in the Asia Pacific, Europe, the Middle East, Africa, and the Americas. The share price rose after the company had been added to the Zacks Rank #1 (Strong Buy) On Jul 19 — finance.yahoo.com The demand for shares of the company...
Here is another stock potentially breaking out of a long-term downtrend/basing pattern. I tried to put the trend line where there were the most hits so that it would be more accurate, but that resulted in some false breakouts in the past and, as a result, this could prove to be a false breakout or that the trend line isn't even accurate and there was no breakout....