XAUUSD/GOLD seems breaking out the 161 EMA line, crucial support/resistance we follow to determine GOLD's overall trend. If it can break up we will take a long. You can check our detailed analysis on XAUUSD/GOLD in the trading room/ Executive summary link here- www.youtube.com Time Span: 4:10" Trade Status: Pending
CTRP is breaking down from an upward channel. Moneyflow was diverging & now broken down to the negative side. We think it will decline to 41 area. Just to be cautious it has huge 41.2% short float, so if has good chance to be on short-cover rally. You can check our detailed analysis on CTRP in the trading room/ Executive summary link...
DNKN broken down most recently formed upward channel. It also had a rising wedge formation which also broken down. It also has longer term channel formation & downtrend support where it can come down. So we are looking for a longer term target of 35.37 On the option side we would $45 March puts You can check our detailed analysis on DNKN in the trading room/...
QSR seems forming a head & shoulder formation. It crossed down MA 50 & 1000, and moneyflow is down to the negative side. WE think it can decline to 37 or lower. For ideal trade entry we would like to reach to 44 area to make its next shoulder formation & decline from there. For trade we would consider Jan/April 45 puts when it reach to $44 area. You can check...
HAIN is forming a fallen angel formation. After a huge decline it is showing some upward momentum as EMA lines crossed upward & it crossed above MA50. WE think it will go up from here & at least touch gap-down resistance around 40 You can check our detailed analysis on HAIN in the trading room/ Executive summary link here- www.youtube.com Time Span: 3:15" Trade...
PLAY is forming a potential head & shoulder. It is rolling over & moneyflow is rolling over too. It also had insider selling recently. It has good potential to go down from here to 28 area, and for short we have very good risk-reward ration over 5:1. For trade we are also considering $40 January puts. You can check our detailed analysis on PLAY in the trading...
OAS seems forming a rising wedge formation & its breakdown support recently. Moneyflow was diverging & now crossed to the negative side. If it breakdown the wedge formation It has potential to go down all the way to 7.5 area. We are also considering $11 January-2017 Puts, last traded for $1.15
KBH is also from our last weeks trading room discussion, Part of homebuilders industry which has big selling and high p/e ratios. As discussed it is continuing to breakdown. It crossed down SMA50 & MA100, moneyflow deep in the down & seems breaking down from a complex head & shoulder formation. We are looking to short at the break of 14.83 You can check our...
KBH It crossed down SMA50 & MA100, moneyflow deep in the down & seems breaking down from a complex head & shoulder formation.
CXRX adjusted downward after a huge 30% surge on Friday with huge volume. Now it seems getting ready for another upward run. We would like to Long if it breaks above 4.27 & our target is 4.56 & 4.83 You can check our detailed analysis on CXRX in the trading room/ Executive summary link here- www.youtube.com Time Span: 6:45" Trade Status: Pending
EDIT formed a fallen angel formation & showing strong upward momentum. It had a good run after we suggested in trading room last week. Now we are looking for a second entry if it pull back to 15.83 or break 16.44 You can check our detailed analysis on EDIT in the trading room/ Executive summary link here- www.youtube.com Time Span: 6:00" Trade Status: Pending
SVU seems breaking down from a triangle formation. It also broke down horizontal support at 4.50 area & moneyflow sharply down to negative side. We think it will decline to 3.50 area shortly.
LKSD in forming a fallen angel pattern in hourly frame. Moneyflow is accumulating & showing some upward momentum. We think it has very good upside potential. We like to take a Long position at the break of 26.57, and we like to hold it for longer term updating stoploss as it goes higher. You can check our detailed analysis on LKSD in the trading room/ Executive...
NKE looks a very good short. It broke the support & going down after retested the support. moneyflow is very deep in negative side. We think it will be a good short from 51.60 or lower down to 48 area You can check our detailed analysis on NKE in the trading room/ Executive summary link here- www.screencast.com Time Span: 44:20" Trade Status: Pending
RGR had some beautiful move recently with good volume. It looks like a fallen angel pattern. EMA lines crossed upward & moneyflow is accumulating. If it can cross above MA50 & moneyflow breaks to the positive side, it can easily go to 64 or higher You can check our detailed analysis on RGR in the trading room/ Executive summary link...
TRQ seems building some upward momentum. It crossed above EMA lines and Moneyflow is building up. If it can break above $3.05 it will have a good run up to 3.23 & higher. You can check our detailed analysis on TRQ in the trading room/ Executive summary link here- www.screencast.com Time Span: 24:40" Trade Status: Pending
EBAY looks very bearish after a nice run. Price crossed below MA 50 & huge divergence in moneyflow. It had quite a bit of selling in August at $30 level, and price to earning ratio is high at 18.9 . So we think it will decline with the earnings report. For earnings play we would consider $31 October puts, last traded for $0.89 You can check our detailed...
JNPR is breaking down from an upward channel. It is looking a good short as It declined below all the EMA lines, and moneyflow is in the negative side. On the option side we are looking for $22 January puts You can check our detailed analysis on JNPR in the trading room/ Executive summary link here- www.youtube.com Time Span: 4:20" Trade Status: Pending