EHTH is popping up as oversold on scans which should attract the traders who trade the oversold stocks. RSI is 18 way under the oversold 30 mark. The elders foce index is trending up except for the hiccup yesterday. The down day did bounce off the Bollinger band, contributing to the tail of the candle. Also, although you should not buy a stock based on its price...
GE has been down on bad news. This company has been around since the 1960s. It has survived forever and its not going anywhere. "Buffett bought more than $1 billion of Coca-Cola stock in 1988, an amount equivalent to 6.2% of Coca-Cola, making it the largest position in his portfolio. The stock market crash in 1987 created attractive valuations, as all types of...
VLRS is way oversold. The stock has almost reached its all time low back in 2014. Priced at $8.02, it is only $1.22 from its all time low. RSI is 21, so indeed oversold. Elder Bulls trending up. Keep it on the watch list
NAT is now popping up on oversold searches. It has GApped down and is back inside the Bollinger bands. Looking at the Elder bulls, the bears are loosing power and the trending is looking up. The RSI is 20.33= way oversold since most traders look for under 30. The stock is going to be intersecting its EAM9 soon. Im bullish, how about you?
NYRT is way oversold. THE RSI for this is way below 20 and has been for a while. Also, The stock has gapped down twice; and the catch phrase is that gaps fill. So looking at this the risk/reward, the stock offers some good reward compared to loss. If this stock double fills, this will be a very profitable trade. Furthermore, price is about to cross its EMA9 and...
Candle opened above the Bollinger bands. When a red candle began to form, I decided that the stock was overbought and would attempt to return into the bands. I sold short at $11.79 and bought to cover at $11 as that would be the nearest resistance level. I figured that it may attempt to drop all the way back into the band, but decided to play it safe and take my...
The recent spike in this stock makes me believe that a bounce buy will be fruitful. Im looking to catch the bounce off the EMA9. Buy order placed at $1.79. a couple cents high to make sure i make the play. It may drop to 1.77. a break below that should execute my stop loss order.
Stock is considered oversold and has been popping up on scanners as such. It is trading at at $2.96 at should be in the $4 range. This offers a 35% possible return. There is a possible support level at $2.85 due to all the sideways trending candles. Waiting for the first green day to buy this.
recent insider buying. follow the money. also a double bottom. maybe a bounce.
FMSA- If you read my posts-I am a fan of EMAs. The 9 is above the 20 above the 50 and above the 200= bullish. FMSA is angling up and is nearing a resistance line as drawn on the map. A break thru this line will be considered bullish and price should shoot up. Also, price is sitting on the EMA(9), so its like the EMA Is squeezing the price thru the resistance line.
CLD , according to its EMAs is bullish= EMA9 above EMA20 above EMA50 above 200. The candles have been trending sideways for days and just had a break out. There is a strong resistance level at $4.60. A break thru this resistance will result in price taking off and the stock climbing back to its previously higher price. The EMAs are squeezing the stock into the...
AGRX dropped to its previous low- in the past, this stock has back filled its gap downs. The stock is at a good low right now and is way out of the Bollinger Bands and thereby oversold. it is down on bad news and the Holliday sell off before Christmas. If one had caught this stock at beginning of day, he would be up 30% profit. The stock dropped from the $5 rang...
CCCR is oversold but looks like it may test $1. The oversold is determined by looking at the Bollinger Bands _ as you can see by the graph, the candles have been out of the bands for a couple of days. Also RSI is wicked low= i admit to not being an expert with RSI. $1 should be a safe entry for a long term hold.
The Triple Bottom Reversal is a bullish reversal pattern typically found on bar charts, line charts and candlestick charts. There are three equal lows followed by a break above resistance. As major reversal patterns, these patterns usually form over a 3- to 6-month period. please comment
Price has recently crossed back above the 200 day moving average and is appearing to stabilize. EMA9 is now above 20,50,200 in a bullish manner. Price has been as high as $8 so lots of upward potential.
AXAS is following EMA(9) upwards. The stock has tested a resistance level twice and appears to be angling to try it again. A break thru will be bullish. Volume is good. Price is good. Buy at the EAM9
OHGI is up on good news www.thestreet.com The moving averages went bullish when the EMA(9) and (20) broke EMA(200). Friday was a day of profit taking, but the excitement should continue with a potential retracement to EMA(9) where I have place a buy order with the hopes of catching the bounce. The candle is now in the Bollinger bands, so the stock may continue up...