Interesting to see the inverse correlation vs. the Dow in the last 4 months.
We had a little concern in the junk bond market. Overall bond market seems quiet. No smoke, no fire.
Overall bullish in a choppy market. Need more key levels to compose a good trade.
Waiting patiently for proper pricing. Once we hit that price zone we can figure our position to take.
Since 2008 this company has done really well.
It's not a down trend just yet.
Well defined price levels to trade. Long or short.
Take your pick.
Daily Chart at support. Looking for buying on the shorter term chart.
Nice solid price level to trade.
Looking farther back there's another support level
Ok these charts are tripping me out.
At the critical price level. Trade or Fade? Check the minute charts.
Overall Bearish trend. There are short term opportunities at critical price levels.
Two ways to look at this chart. H&S pattern or bounce off $95 - $91 price zone.
$92 was the August low. Might be a good place to go long, tight stop
Hard to say what direction I will play until the market hits the specific price points.
I like to keep track of just 1 or 2 important price levels. Keep it simple.
At Support. If bullish, tight stop.