Blue candles represent a good entry. On the weekly chart you can see the past profits from listening to these candles.
The gap up followed by the crash has me looking at this stock. Possible 25% up potential .
NVAX looks like it may continue up. IT has a couple candles that I have circled that show bullish power- the hammer and then the huge gap up to close in the red. This consolidation seems to be building up to something.
Although I tend to be bearish, It is evident that as long as there are tariffs, stocks will continue to drop. So buy SPXS. SPXL continues to set new lows and lower highs. It Broke its previous low. And although a couple green days here, the etf continues to move lower and is unable to break the EMA9 and EMA20. Ride the ride down. Maybe next week jump into SPXL for...
Loaded up on UDOW at close on Friday. ETF was down due to trade war worries. The technicals were solid util speculation took over and set the etf price plummeting. With Trade war worries easing up, this should play catch up, especially if price breaks the resistance line. Earning season again next month. And a quote from Warren Buffett, "Buy when people are...
TQQQ has recently set a new 52 week high. The pull back is due to rate hikes. Once people accept this, they will hopefully start putting money back into stocks. I see this pull back as a buying opportunity. RSI is below 50. The blue candle represents a conservative entry while the yellow are more aggressive entries. The target price is to break the 52 week high...
UDOW has formed a nice wedge. Economy is still strong. It will go up. As you all can see, there are a bunch of yellow aggressive entries here. If price breaks the green bands, price will also break the trend and price should hopefully take off upwards. This should also result in a blue conservative entry candle.
Nice wedge pattern. Watch for a break out in either direction
QBAK gapped up and closed with a solid candle. According to the slingshot system, this would have been a conservative entry. The price could hit the target price, offering a 13% return.
CDXC has formed a dragon or hammer candle. It is bouncing off the 200 day moving average making the price a bargain. The target price is $9.25 however I'll aim for the upper Bollinger Band for $5.57. Ill set my stop loss below the 200 day. This should offer a 15% return.
I was bullish on TQQQ- I still believe that it will continue to set records this year. But if you have been playing this since the dip, you are sitting on 20% or more of profits. The RSI is 63 nearing a risky oversold area for my taste. The 9 day EMA is $170.50, which would be quite the drop. There could be a bounce off the 9ema and price to break its previous...
I was already bullish on this stock. Now it has presented a different play with an even better buying price. "Bill Barrett Corporation's fourth-quarter report was surprisingly good. The oil stock posted an adjusted profit of $1.1 million, or $0.01 per share, which was $0.05 per share ahead of expectations. A 37% year-over-year increase in oil and gas production...
SPXL is a 3X leverage ETF of the S&P 500. Due to the recent sell off, we are revisiting the recent bottom. Price has broken the EMA(100) and has a short fall to the EMA(200). Dropping to the (200), we should hopefully form a double bottom and have a good footing to move up for the rest of the year especially if people can regain confidence in the economy. People...