Rising Wedge will watch for the breakdown..Negative Divergence
EXEL could possibly bounce back 11 or 10.80
Here, I'm looking to sell a touch of premium in an underlying that has both high implied volatility rank (99.6%) and high background implied volatility (99.2%). Metrics: Probability of Profit: 70% Max Profit: $85/contract Buying Power Effect: Varies by Broker.* Break Even: 10.15 Notes: I'll shoot to take this off at 50% max profit. However, I could also see...
Massive bull flag nearing breakout. Pattern target = 12.75.
looking at the long-term chart this is huge resistance.
Looking good wit h AB-CD pattern targets and support.
Pretty new to this so I'm not investing any money currently, just learning. Does this appear to be an Elliot wave due for an ABC correction?
above all key ma s/adx trending/relative strength good/stop loss cloud close
strong group/see in our book on amazon how to choose groups/above 50/cci and percent r upper range/adx beginning trend/stoc crossed/macd crossed/stop loss close in cloud/