Found another inverse H&S guys. Will be going long in a hedged option strategy as I see a great deal of daily technical support as well. CMF included
Another resistance breakout and again in the Financial Sector with the same fundamentals (Raising interest rates) Now we go to the technical aspects you can appreciate some weeks ago a clear resistance breakout with your respective pullback in the 25.00 area, accompanied by a red candle with a considerable bottom tail rejecting the new price level and testing the...
An insider bought around 1,000,000 shares on 9/1/17, so with less supplies (stock shares) demand (price action) will go up. This is supply/demand principle.
On September 1st, large buy insider trader AXA America Holdings of Value of $24,530,022. What does that mean to YOU, if interested in investing into this stock? When an insider buys a large amount of shares, means less supply or shares for everyone else to obtain. Please refer to chart: 1) Conservative investors, wait for price action to close outside of noted...
I love this setup and for me it a great trade - low risk and great profit.
The downtrend since may is history. After the trendbreak, a flag as it could not be more beautiful was formed. The upmove ended and consolidated till the 38,2 fibo in an almost "textbook manner". Prices above 24.6$ will generate a longsignal--> TP 29,5$ Prices below will initiate the next consolidation-round
I believe that This is a buy. It's going to bounce off the Support line and head north.