Gil Morales is along Mark Minervini - one of my virtual teachers. Their methods are my go to methods when it comes to running analysis and performing trades. PHI has shown a 'buyable gap-up" where the stock moved higher on Dec 17th on increased volume and keeps above the gap level. The Stop Loss for such a setup would be locate an the bottom of gap bar (altough in...
PHI looks solid in an upward trend with multiple diagonals converging (ash) No advice given
Based on MACD histogram momentum and KDJ cross. Low point to buy.
Price is stuck in a range market since April 2017. I expect price to find a resistance and come back to the psychological range. If price breaks the resistance, ROYAL PHILIPS could Fly to the Upside.
We may get a breakout of the channel. RSI made a V style bounce on the 45 zone, MACD stays bullish above 0. If breakout is confirmed, we could buy at 25.9$ and sell when reaching the 29.10$ resistance with maybe some profit taking at the 27.10$ resistance.
PHI looks a nice fallen angel pattern. Technically it seems a Very good long opportunity. Trade Criteria Entry Target Criteria- Break of $28.33 Exit Target Criteria- $32 Stop Loss Criteria- $25.73 You can check detailed analysis on PHI in the trading room/ Executive summary link here- www.screencast.com (Available to subscribers) Time Span- 59:00" Trade...
Technical View Daily Chart > PHI completed a Bearish ABCD Harmonic Pattern. > False Breakout from Upper Median Line of Andrew's Pitchfork. > Support at 50% Fibonacci Retracement Level. Further support is seen at 61.8% Fibonacci Retracement Level and Median Line of Andrew's Pitchfork. > RSI is currently at 59.83 (Based on 30-Day Period). Support at...