Been on a huge parobolic run. Could b just a minor pull back here Howver daily is showing a double top at that 37 level. I see a potential head and shoulders and a rising channel here. I’m really watching this 35.40 area of course if it pops back in it this means nothing. So we’ll have to wait and see if we can see any rejection here. Otherwise watchinf that 37$...
Based on its uptrend, rebound from support and a familiar chart pattern confirmed by my technical indicators, I expect at least half a percent in profits IF STNG exceeds yesterday's high of $26.14 during today's session.
Sign of Strength in the chart:
1. Mark-up stage after Accumulation
2. Strong uptrend with Bullish Signal in weekly chart
3. Healthy Pullback in daily chart
This information only serves as reference information and does not constitute a buy or sell call. Conduct your own research and assessment before deciding to buy or sell any stock
bullish falling wedge patter bounced strong off support and pays dividens! suppotr bounce was at 11$ but if we reclaim 14$ it would be a great entrry as the final target is 24$ and the falling wedge upper rresistance is 16.60
Although this cup and handle idea has now turned into a bust we are still holding the .618
Fib retracement at 14.57. This seems
Like if we contiue to hold around herre and round off once again, we could see a double bottom form. This stock not only pays dividens but could also be setting up nice for a decent return at least to retest the 20s. I am a buyer of this...
Pays dividend. Had a nice run to 24$ with a rejection and back test of original breakout. Got a clear bounce off that support and rounded off nicely. Could be creating a cup and handle here. If it broke the cup neckline of 17.80$ could send us up to the target of 21$ resiatnce to start
The stock has caught attention of a few famous hedge fund managers. That's why I am having a look at this stock
Reading through the Q2 presentation, I am quite convinced with the future of this company. Mainly it's because of the easing of lockdowns due to COVID -19, increased in vaccination. Meaning, there will be more economic activities , travelling and factory...
Bought puts at the very top on May 4th right when markets opened. Sold them today with some nice gains.
Rode the puts for 7.5% (The stock dipped 7.5% - about $1.60)
I was tipped off about this stock by stocksoptionschanel.com - they publish daily articles about unusual options activity.
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