I think it's amazing that trendlines seem to work for some reason
But then I was all... " Maybe.... cost cutting is happening, they're diversifying, and have plenty of credit. Why's the stock plummeting...?" But really, almost 8% in a day?, And what's going to happen if they cut that dividend?
WTF chart of the day. Even so, I like 3D printing and everything but...
Just read a story about Biotech being in a bubble and honestly thought the IBB chart looks familiar. Now, I know I have no experience in the stock market but what is parabolic? Isn't Costco parabolic now? Does it need to break 210 in the next couple of months to be considered parabolic? Anyway, here's IBB compared to JACK, UA, and Apple. And yes, I know these...
Liking the range bound w/possible breakout thru earnings.... fun times.
HRL a little bit smoother. Sausages > rampant next day shipping consumerism.
This is about as far removed from it's 12 year moving average as it gets, same for the 12 month MA too. So either the 200 day MA acts as support or T1: $115, T2: $97, T3: $75
Forever burned by plunging commodities. Some RSI divergence. Maybe go long. Target: 22 Stop:20.25
Expected a gap fill. Didn't expect most of it to happen so quickly. Target attained.
Simple, historical monthly TA strategy. Or maybe 79 holds and up we go.