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This trade appears to be nice and simple. If the structure of the upward channel holds, I would expect a buying potential around the $10.85 level, and a sell around the $11.65 level, which would generate around 7% profit. Having completed no fundamental review of DENN, this is all based on technical analysis. If the support trend line is broken, this trade idea...
Hello everyone!
With the market making all time highs, I believe it's time to take a step back and view where the market may go. Right now, the S&P E-mini futures are breaking the all time highs with greater volume from when they were set back in May of 2015. With that in mind, I believe that if the /ES can hold that as support, we're heading higher. If that...
The IAU has treated me well through this Brexit vote. I entered back on May the 10th at $12.21, and I'm looking to take profit around the $13.10 mark, which would be about a 7.5% move to the upside.
If the markets continue to go lower, I can see gold going higher. It's important to keep in mind though the markets are moving with purpose and who knows when they'll...