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.
The price broke important resistant in 23- If the price breaks again the resistant (and you see a high volume!) You should buy!
Price closing below middle bollinger band, the MACD is showing bearish signals, previously QRTEA was overbought, so it makes sense it will go down. This stock is below the 200 moving average, just closed below its 50 moving average, and the 10-day moving average is crossing up the 5-day moving average, all of this adding up to this market correction makes it a...