Seems breaking up a symmetrical triangle, money-flow in strong. Waiting for a big announcement, so we took some speculative Option calls. For trade we took some Jan17- 30 call for $6
DRRX breaking up a symmetrical triangle & same for money-flow. Technically it looks good so we took some speculative Jan2017- 2.5 Option calls. You can check our detailed analysis on _ in the trading room/ Executive summery link here- www.youtube.com Time Span: 6:40” Trade Suggestion Date: 12th Jul Trade Status: Opened (12th Jul) Jan2017- 2.5 call for $0.35
After a long down trend PFSW forming an upward momentum & seems breaking up the down trend. Break of 10.23 will be a confirmation of up move. We think it can go up to 11.57. You can check our detailed analysis on PFSW in the trading room/ Executive summery link here- www.youtube.com Time Span: 5:45” Trade Suggestion Date: 12th Jul Trade Status: Pending
JMEI is breaking up a downward channel, volume confirming the break. Directional indicator & money-flow also suggesting a buy signal. We think it can go up to 4.65 area You can check our detailed analysis on JMEI in the trading room/ Executive summery link here- www.youtube.com Time Span: 4:20” Trade Suggestion Date: 12th Jul Trade Status: Pending
For hedge we took a position on SGY as it pulled back to Moving average support. It is a momentum play & we are looking for a rally up to 19.13. You can check our detailed analysis on SGY in the trading room/ Executive summery link here- www.screencast.com Time Span: 44:20” Trade Suggestion Date: 5TH Jul Trade open: 11.70 (6th Jul)
Wonderful Flag & Pole formation. Right now consolidating. Break above 6.74 will be the upward break confirmation. We think it can go as high as 7.4 or higher.
OCUL is moving upward after a huge decline followed by long consolidation. Break of 5.57 will be a long entry confirmation & our target is the just below gap down support at 6.43.
After a huge drop DNAI is consolidating but money-flow is increasing. If it breaks up 2.2, it will run all the way to 3.
FRGI seems reversing upward. It crossed above recent down trend & EMA lines. Break above 22.73 will be long entry confirmation.
ENDP looks a very good swing Long with recent insider buying. Also a rising wedge formation in hourly frame. Ideal entry will be break above 18.07 You can check our detailed analysis on ENDP in the trading room/ Executive summery link here- www.youtube.com Time Span: 2:20” Trade Suggestion Date: 6th Jul Trade Status: Pending
ZBRA seems breaking down from a Macro frame Head & shoulder pattern. Today's break confirms the entry & our target is 25.13 On the option side we are looking for Aug2016- 50 put trading at $4.4 You can check our detailed analysis on ZBRA in the trading room/ Executive summery link here- www.screencast.com Time Span: 68:00” Trade Suggestion Date: 5th Jul Trade...
RH looks a very good momentum long, it crossed above EMA lines & money-flow is rising strongly. Ideal entry will be break of recent drop resistance at 30.24. We think it can easily reach up 34 and higher. You can check our detailed analysis on RH in the trading room/ Executive summery link here- Time Span: 61:30” Trade Suggestion Date: 5th Jul Trade Status: ...
Complex cup & handle formation. Looks a good day trade opportunity. Ideal entry will be break of 1.30. Our target is 1.45 & stoploss of 1.25
Perfect fallen angel pattern. Has upward momentum, just crossed MA 20 & money-flow is rising. We think it will rise up to 4.5 or higher. You can check our detailed analysis on ADMP in the trading room/ Executive summery link here- www.screencast.com Time Span: 48.30” Trade Suggestion Date: 5TH Jul Trade Status: open (6th Jul)
Upward channel break down in longer frame & formed a pennant now. Money-flow is moving down. We think it will decline around 30 You can check our detailed analysis on MDCO in the trading room/ Executive summery link here- www.screencast.com Time Span: 33:00” Trade Suggestion Date: 5th Jul Trade status: waiting for entry confirmation
Upward channel break down & again formed another upward channel which broke just now. Money-flow is down & volume is supporting the down trend.
In the context of Crude oil decline below 45, we are looking to long SCO. SEC looks breaking up a downward channel & money-flow in increasing. We are looking to long if breaks above 91.73 You can check our detailed analysis on SCO in the trading room/ Executive summery link here- www.screencast.com Time Span: 29:00” Trade Suggestion Date: 5th Jul
As Strath predicted about Precious metal Silver & Gold we took a postion on MUX on 28th as it tested EMA 9.