Please see 1 hour EURJPY chart. PA is below 200 MA (big deal) and Cloud indicator. Bearish trend all day today (Friday). Happy Trading
Just a review of three very important reversal patterns, that you need to know. *If you do not know them, read about them. Just like all reversal patterns higher time frames are better, related to less price action NOISE. Wish you well in trading and think about quality trading then quantity trading. Good Luck. #1 Harami two candlestick pattern #2 Engulfing two...
Pentair plc operates as a diversified industrial manufacturing company in the United States, Europe, and internationally. Company operates through three segments: Water Quality Systems, Flow & Filtration Solutions, and Technical Solutions. The Water Quality Systems segment designs, manufactures, markets, and services a range of recreational water treatment...
Business Description Himax Technologies, Inc. engages in development and trade of semiconductors. It operates through the Driver Integrated Circuit and Non-Driver Products segments. Its product include display drivers, timing controllers, wafer level optics, video and display technology solutions, liquid crystal over silicon silicon, complementary metal-oxide...
Fund Strategy The Fund seeks to provide investors with low-cost "passive" approach for investing in a portfolio of equity securities of firms as represented by the Consumer Staples Select Sector Index. If you look on Weekly and Monthly charts, at an all time high now & gives out around 0.30 cents per share dividend, which should be in June soon. Just might be...
Business Description Capital Product Partners LP operates as an international shipping company. It engages in the seaborne transportation of cargo, including crude oil, refined oil products, such as gasoline, diesel, fuel oil and jet fuel, edible oils and certain chemicals such as ethanol as well as dry cargo and containerized goods. Its fleet consists of vessels,...
Pershing Gold Corporation engages in exploration, development, and mining of gold and precious metals primarily in Nevada. It focuses on the exploration of Relief Canyon properties covering an area of approximately 25,000 acres in Pershing County in northwestern Nevada. The Relief Canyon properties comprise approximately 948 owned unpatented mining claims, 120...
JNUG is the Direxion Daily Junior Gold Miners Index Bull and Bear 3X Shares seek daily investment results, before fees and expenses, of 300% or 300% of the inverse (or opposite) of the performance of the MVIS Global Junior Gold Miners Index. My guess is Monday will be bullish, but PA could initially go down to 17.50 at start of trading, then like last week or...
Please refer to BTCUSD 4 hour chart. All time highs are now, time to continue to be bullish or retrace down next week? I have a neutral opinion at this time.
From weekly BX chart, BB squeeze is happening right now and doji (or weekly undecided candlestick). Saudi's PIF plan $40 billion infrastructure investment fund announced, during POTUS Trump visit. Will be holding BX for long term, by either buying a combination of shares of stock and/or using stock options. *Note: If you are using options, please use right...
Please see USDJPY 30 mn chart for details.
On Finviz.com and other research, a new medication was approved today, should be reflected in PA tomorrow. Some analyzes say stock could go up 200%. Will be looking to buy stock shares and/or put options for ether weekly or monthly in this stock.RSI is pointing up and trend line on chart looks great. Look where SRPT has been, it has a lot of room for bulls to...
Inverse Head & Shoulder noted on 15 min SPY. Believe that $239.60 is 1st resistance area. As noted on chart, orange box was Friday's sideways price action. RSI is now, just over 50 or in positive bullish area.
For next few months, gold appears to be bullish to me. Price action just hit a KEY support area, noted on chart (Elliot Wave 4 (up), just started). Will be setting up bullish gold trades and believe $1,300.00 will be hit again in by end of June. Right now, RSI is going up, but still under 50. Price action for last two days was green, but still under 50 Moving...
This EURJPY pair is very over extended and/or over bought, above RSI 70. Noted on chart & fib. retracment, three levels of support. I believe for rest of May will be bearish. This is daily EURJPY chart, would go down to either hourly, 15 minute and/or 5 minute to find support/resistance levels to place new trades. Will wait for a price action break down in 1st...
Do you trade penny stocks? (< $5.00). This GRPN stock has not been in business too long with a high of $28 and hitting multiple lows of now $3.40. Strange that last week, GRPN made a complete up and down cycle from $3.38 to $3.66= .28 cents. To make real money with this kind of stock, you would have to intra-day, day trade and buy a large amounts of PUT options...
I believe that Citigroup will continue to be bullish for several years. You would need to look at higher time frames on where Citigroup was prior to 2008. For last eight years, been in a sideways and slowly raising price action. I will be either going long with stocks and/or doing call option strategies. If price action breaks $62.00, then this will confirm the...