Alex_Quiroga

Alex_Quiroga

Deep pullback but is more safe buy now because the bad has happened In Feb 5, 2018 Dow drops 1,175 points the biggest point drop In history and historically after big falls like the Black Monday October 19, 1987 Remember that after the shock, strong hands buy stocks. About the resistance line: Resistance Line is an (Area, Zone, Sector) Between 31.90 to 34.70 ...

Alex_Quiroga

Resistance becomes support Resistance breakout, pullback and swing low confirmed This idea is ready, work because is based in price action and support/resistance If a trader recognize that here there are and opportunty for profits only looking the chart, without me trying to convince him If a trader approve this idea is because he get the idea immediately. Then...

Alex_Quiroga

Back in February 16 to 17 I shared 3 chart ideas that look like this chart this chart is a mirror of the past ideas based in Resistance becomes Support. Resistance breakout, pullback and swing low confirmed Red arrows speak for me

Alex_Quiroga

Read the past publication #13 (CM) For example this stock now is trading above the 2007 highs this mean this is a leading company in this sector This is complement of the publication #13 Same Industry different stock symbols, different prices, different PE Ratio, different Beta, etc Variety of ideas for different tastes, styles of trading, capital, age, etc

Alex_Quiroga

This stock is lagging compared with others in the Financial Industry and compared with past examples of this series of publications I say this based in the highs of 2007 before the drop in 2008 because others leaders in this industry already surpassed the highs of 2007 Others are between the 2007 and 2008 highs but not above And other very lagging are below the...

Alex_Quiroga

Support and Resistance concept. Price is above of above. Go back and look 2007 highs and 2008 crisis (red arrow) 2015 (red arrow) too and February 2018 (red arrow) Resistance now becomes Support Trained traders recognize this without think because is second nature and they act consequently with the price action. I do not usually have to much for explain when I...

Alex_Quiroga

One year of trend after 9 years of no direction and below the 60.00 And now, finally this bank is trending, the past year the stock went up 24.8% is low compared with Bit-Coin But a investor is buying value with low risk and is diversifying your own Portfolio when buy this kind stocks. How many times in your life will you be able to buy shares of Citigroup-Inc....

Alex_Quiroga

The resistance breakout was clear 10 weeks ago, but now looks confused because the pullback was too deep 3 weeks ago and the doubts begin for how it looks the chart Look the resistance line is located in the 77.50 area and the Friday closing price was 78.48. Is above and looks bullish is price action and the main trend is bullish too. The drop of the price 3 weeks...

Alex_Quiroga Updated 

Sector: Technology Industry: Semiconductor Equipment & Materials Good example of Support and Resistance The price broke the resistance line above 30.00 and make a price pullback, that now test the new support line (Look the red arrow and identify this: A long lower shadow, followed by a big green candlestick two weeks ago)

Alex_Quiroga

Sector: Technology Industry: Business Software & Services www.marketbeat.com My job is find tradable price action and put several ideas in the desk of traders First I find a strong sector, like Technology in this case later I identify the companies that lead the sector, but I pick the more laggards, that follow the leaders in the sector. Then I inspect around...

Alex_Quiroga

Sector: Technology Industry: Business Software & Services Aspen Technology, Inc., together with its subsidiaries, provides software and services in the United States, Europe, and internationally. It operates through two segments, Subscription and Software, and Services. It supplies asset optimization solutions that optimize asset design, operations, and...

Alex_Quiroga

Sector: Technology Industry: Multimedia & Graphics Software Activision-Blizzard, Inc. develops and publishes games for video game consoles, personal computers (PC), mobile devices, and online social platforms. The company operates through three segments: Activision Publishing, Inc., Blizzard Entertainment, Inc., and King Digital Entertainment. The company...

Alex_Quiroga

Sector: Technology Industry: Application Software ANSYS, Inc. develops and markets engineering simulation software and services used by engineers, designers, researchers, and students in the aerospace and defense, automotive, industrial equipment, electronics, biomedical, energy, materials and chemical processing, and semiconductors industries and academia...

Alex_Quiroga

Sector: Technology Industry: Semiconductor Equipment & Materials Applied Materials, Inc. provides manufacturing equipment, services, and software to the semiconductor, display, and related industries worldwide. It operates through three segments: Semiconductor Systems, Applied Global Services, and Display and Adjacent Markets. The Semiconductor Systems segment...

Alex_Quiroga

Sector: Technology Industry: Application Software Adobe Systems Incorporated operates as a diversified software company worldwide. Its Digital Media segment provides tools and solutions that enable individuals, small and medium businesses, and enterprises to create, publish, promote, and monetize their digital content. www.morningstar.com For Options Traders this...

Alex_Quiroga

Sector: Technology Industry: Information Technology Services Acxiom Corporation operates as a technology and enablement services company in the United States, Europe, the Asia-Pacific, and internationally. The company operates through three segments: Connectivity, Audience Solutions, and Marketing Services. The Connectivity segment provides a foundational...

Alex_Quiroga Updated 

Looking the big picture is more easily to get an idea of what I propose. The support is history and the breakout of bearish trend-line too. But now the price is negotiating with a resistance level in 15.00 area The trader interested in this idea can wait for breakout with a pullback or even buy now at a better price it depends of your risk profile, system he use...

Alex_Quiroga Updated 

I find two companies that the charts looks very similar for these reason I called twins and they are listed in the same Industry The Second is (VRTU) Virtusa Corporation. Industry: Technology. Sector: Information Services. Friday Closing Price 02/09/2018 (46.74 USD) What I want to emphasize about this idea are two key candlesticks. The first is the big green...