LEis forming a bump & run formation, followed by big insider buying in July. also looks like a potential fallen angel pattern. We think it will start moving higher from here. For entry we would prefer if it declines a bit to 15.10 or closer. Our first target is 16.93, just below 23.6% fib level. You can check our detailed analysis on LE in the trading room/...
LLY forming a potential head & shoulder. Break below 82 will be good to enter in to a short trade. There are weakness in weekly frame as well.
AXTA in our watch list for short. Huge insider selling & overall technical weakness makes it perfect for short. We think it can decline as low as 21 & break of 28 will be good entry point. However we like to watch it few more days before we get in. "You can check our detailed analysis on AXTA in the trading room/ Executive summery link...
FN seems braking down from longer term upward channel. Money-flow is diverging & just broke down to negative area. We like to take the trade at current price & for trade we are looking for Oct16- 35 put, which are currently trading for $2.03 You can check our detailed analysis on FN in the trading room/ Executive summery link here- www.youtube.com Time Span:...
ATVI running within a upward channel. We think it will break down as there are Significant insider selling & negative money-flow divergence. Break of 39.23 will be short entry confirmation. For Trade we are looking for Feb17- 34 put which are currently $1.35 Our target is 61,8% fib level at 32.85 You can check our detailed analysis on ATVI in the trading room/...
TGT is breaking down upward channel. We think it will retest is support around 66. For the trade we are looking for Oct 70 put
LYB is declining within triangle & we think it will break down & may decline to 30 area. Break of 70 will be trade confirmation. For the trade we are looking for Dec 70 or 65 put. You can check our detailed analysis on LYB in the trading room/ Executive summery link here- www.youtube.com Time Span: 5:30" Trade Status: Pending
TGI forming a bear flag formation. It declined with lower then forecast earning release. Crossing below 28.46 will be break down & trade confirmation. Our target is 23.63 You can check our detailed analysis on TGI in the trading room/ Executive summery link here- www.youtube.com Time Span: 4:10" Trade Status: Pending
TGI forming a bear flag & pole formation. It declined with lower then forecast earning release. Crossing below 28.46 will be break down & trade confirmation. Our target is 23.63 You can check our detailed analysis on TGI in the trading room/ Executive summery link here- www.youtube.com Time Span: 4:10" Trade Status: Pending
TGNA broke down long term support line, and getting technically weaker. We think it will fall in longer term. It is trading in the entry zone & we think it may decline as low as 12.13 You can check our detailed analysis on TGNA in the trading room/ Executive summery link here- www.tradingview.com Time Span: 3:30" Trade Status: Entry Criteria met Aug 3rd
STAY breaking down upward channel with negative money-flow divergence. It also a potential head & shoulder pattern. 13.47 will be break confirmation & perfect for short entry. As a target we are looking for previous support around 12.13 that is also supported by HEad & shoulder pattern. You can check our detailed analysis on STAY in the trading room/ Executive...
Possible fallen angel pattern in ALJ. Nicely scoping & money-flow is improving strongly. We think it will reach to 8.50 area. Break above 7.09 will be ideal Long entry. For trade we would consider December $7.50 Calls
ULTI seems forming a bear flag & seems link we have flag breakdown. At the formation of Flag it can decline to 193' Lower then expected earning release also giving us further confirmation for decline. We would consider October $195 Puts (Currently $5.4), or October 180 Puts - (Currently $2.2)
GALE seems forming a fallen-angel pattern. As it breaks above the EMA lines it can have a quick upward run. Break of 0.51 will be perfect for long entry & we are looking 0.67 as our first target but it can go much higher. You can check our detailed analysis on GALE in the trading room/ Executive summery link here- www.youtube.com Time Span: 6:00" Trade Status: Pending
FBR is scoping really nicely & converging between the moving averages. Money-flow has good positive divergence. Break above moving averages & touching 6.63 will be long entry confirmation. It can easily reach 7.43 You can check our detailed analysis on FBR in the trading room/ Executive summery link here- www.tradingview.com Time Span: 4:30" Trade Status: Pending
CIDM is forming a flag formation. We can see the breakout confirmation in the hourly frame. We think it will go up to 2.63
CERU is getting ready for its second phase of Flag run. In 15 min frame we can see the upward broke confirmation. However for best entry we like to see the break of 2.92 & our target is 3.23 You can check our detailed analysis on CERU in the trading room/ Executive summery link here- www.youtube.com Time Span: 1:10” Trade Status: Pending
ACHN forming a head & shoulder pattern with money-flow divergence. In the completion of pattern we see a target of 5.88 Break of 8.33 will be the perfect entry. You can check our detailed analysis on ACHN in the trading room/ Executive summery link here- www.tradingview.com Time Span: 3:25" Trade Status: Pending