Have added support floors and resistance ceilings. Noteworthy, BlackRock has clear historical resistances that all consecutively became supports after breaking through. For your review: 285, 322, 337.5, as well as current support of 361.5 and resistance of 380. BlackRock has already outperformed all Too Big To Fails YTD, and I believe the trend to continue due to...
BlackRock, along with S&P has just touched it's long time trendline support. Historically played out well, plus fundamentally it is a financial powerhouse with huge upside potential due to growing world economy, raising interest rates and favorable ongoing sector rotation into financials.
I see short-term upside of at least 30$, or roughly 8% with limited downside.
Looking at the chart, one can notice decreased volatility in the recent couple of days. The triangle have formed on the daily chart.. Moreover, the pattern of lower highs but higher lows pushing stock sideways prior to earnings!
Given recent events such as Alibaba IPO and Starboard involvement, i predict stock has more chance to breakout upwards prior\after the...
$CAMP was one of those unknown stocks that rallied over 200% for the last year.. Right now it's still relatively unknown.. But such a rally can cause a hell of a pullback.
Looking technically at hourly chart, I've noticed well noticed Head "n Shoulders formation... On the other hand, it can easily be another pullback, and opportunity who missed the train to jump...
Here is a daily chart of 3D Systems $DDD and it's 100 day Moving Average that appears to form its support line.
As we can clearly see historically, once the chart touches MA, it soars month after. I'm not a clairvoyant, neither I'm Warren Buffet, but can easily say that it looks extremely bullish as 3D Systems has recently bounced against its 100 EMA in upper...
