DONT CHASE PRICE BLINDLY...."Frame the trade and make sure you are going with the flow."
Price action confirms your view....manage the risk ....that is the only thing we can control.
Don't chase price blindly...."Frame the trade and make sure you are going with the flow."
I expect UA to have an upside surprise in Earnings, but I would protect my self with a put too.
Bullish Monthly Hammer on high Volume. Yeah, I think it has its support
Clearly has broken out.
That's a bullish confirmation and breakout here folks!!
4th Pullback since 2008. Secondary indicators show strength. It has broken monthly TL along with $SPY. 200 Wk MA holding. MACD's needs to curl up
Higher Lows while MFI achieves Lower Lows. This is a bullish indicator for the long term.
Indicates underlying strength. Good entry. Typical retracement in an uptrend. Will reverse imo
Hidden Bullish Divergence on Indicators. Watch for earnings EOM
Gap down Bullish hammer indicates capitulation. Stocks and RSI lowest ever on weekly. Bullish div. on Acc/Dis.
Acc/Dis continues to rise regardless of pullback. This IS a bullish indicator w/ a falling wedge break to the upside. Buying pressure is rising.
Broke out of first Bullish Wedge as a reversal comes in. Stochs indicate well oversold. MFI curling up on powerful weekly.
MACD curling upwards. Oversold on the weekly Stoch and MFI. Has wedging down handle. Looking for entry. 4-8 Week horizon
This may breakout of its falling wedge. Needs confirmation, but its possible
20 MA on the weekly has been a good support. so far 77.08 is 20 MA. sky is not falling
Falling Wedge. Watch for confirmed breakout above wedge at $87.46. Stoch oversold
