Stop-losses in place for me, but potentially a good buy opportunity (according to mean regression). Strong support at 11.45, and also from the 6-month moving support. Finally the MA50 is also just under today's candle, so we can wait for confirmation in the next days. Not quite oversold according to the traditional measures, but sell-off is apparent from the...
I'm thinking were in the middle of impulse wave 3. Looks like we have some resistance at around the $11.50. Once we get past that its on to $13! I believe we're gonna need some good news or some type of catalyst in order to get there.
Big pictrue of fundamental analysis and technical analysis. market is stadely rising, because it is cristmass time it is expected that market will still rising. breath is on uppoer peaks, but have still room for a few days. vix is approaching very low levels below 14.
Write sometning about your psyhology thinking before trade? too fool of food but stady
Provided 5 days ago in the PRO Package
The SMF strategy forecast indicates a setup on the following pairing;
Symbol Name : EAF
Stock : GRAFTECH INTERNATIONAL LTD
Exchange : NYSE
Sector : Basic Materials
Insdustry : Specialty Mining & Metals
Term : Short
SMF strategy would be to Buy :
Between : $11.60 - $12.00
SMF strategy would be to Sell at...
EAF has been on a solid run since the end of December. In the last week or so it consolidated and now it's testing the resistance area it found on Jan 11th. It's also above 1, 2 and 3 days VWAPs. If it pulls back a little, like I indicated on the chart and then breaks through the resistance line, I would buy as a swing trade at 13.87, with a stop below 13.00;...