Technically Speaking Disney is still holding the 90 level. The 200 WMA is right under the 90 level. The stock has not closed below that moving average since 2011. Fundamentals Here is a summary of the company. What to do? The R/R seems to favor a long position from these levels. Buying here and stopping out under the 80-85 level, seems sensible. They do...
Technically Speaking A nice range has formed b/w the support zone at 75-80ish to resistance at 103ish level. Say a 25-27 dollar range. Fundamentals Vertex is a pharma co. You can read a summary of what they do here . What to do? First, what type of trade is this, a technical trade or a core long? I don't have any special insight into this company, so this...
Technically Speaking So far, support at 30/32.50 is holding. As you can see we have not had a weekly close below the 200 week moving average, since..., well, the chart does not show it has been so long. Fundamentals From the CEO-" While we expect to continue to significantly outpace the apparel industry, the growth rate going forward will be less than expected...
Technically Speaking Price is testing the 2013 low prints around $10. The first level of resistance is near the $30 level. The R/R favors the long side, in my view. I would exit on a move under $8.
Technically Speaking Price is testing the 2013 low prints around $10. The first level of resistance is near the $30 level. The R/R favors the long side, in my view. I would exit on a move under $8.
Technically Speaking TROW is holding support at 65, a level that has proven tough to crack. The first level of supply comes in 76-78. What to do? If looking to get long, stop out under the red line on chart(62.50), targeting the 76-78 level(blue line).
Technically Speaking Resistance at the 75 level held again. A pretty clear range is being mapped out. 72.50-75. Strategy Buying under 72.50 and selling at 75 seems to be a sensible strategy, until one side or the other breaks.
Technically Speaking Quite a fall from the IPO run in 2015. Technically, it really is simple. It will either hold these lows, or it won't. It will most likely take some upside surprises to get this stock going again. I remember this company when it went public. Almost nobody had any doubts this would be a huge success and guess what it might be one day....
Technically Speaking CVX is holding the $100ish pivot level. The longer it holds the more likely the next move will be to the upside. Fundamentals Here is a company summary. What to do? First, is this a trade or a long-term holding? What is YOUR time frame? You have to decide. The R/R favors the long side, in my opinion. A long position here, stopping...
Technically Speaking The stock, is so far, holding the low print going back to 2014, as noted on the chart. The 100 month moving average is not far below, right above 40. That moving average has been a pretty good level to buy against, note the green arrows. Fundamentals Here is a summary of what the company does. What to do? The R/R seems to favor the...
Technically Speaking Oil has had trouble sustaining a move above the 50 handle. IF and when it does, the 60 handle looks to be the next level of supply. What to do? If you are long and have a lead, my belief is to hold as long as you can. IF it does break to the upside, there is another 20% that you would not have if you took profits at these levels. As Jesse...
Technically Speaking Euro has broken support at 1.0950ish level going back to July. The next level of support is down toward 1.08. The line of least resistance seems to be to the downside at the moment. What to do? If you are short, nothing to do but wait. Hold onto a winning trade for as long as possible. If you are long, I would be looking for a close back...
Technically Speaking Rent-A-Center is trading at levels not seen since 2001. The R/R would seem to favor a long position, however, a company that has been falling for this long probably has a deteriorating business or some other deep seated issue. Fundamentals Here is a summary and some recent news items. The question I would ask, is this a trade with a...
Technically Speaking Currently, price is trading near the 2015 low prints around 25ish. For now, the main levels to watch are the 25 level on the downside and the pivot area noted on the chart. As noted on the chart, if I were long or looking to get long, my get out price would be under 20.00 Fundamentals Summary of GameStop's business. Here is a good ...
Technically Speaking The stock is trading at a level that has proved difficult to sustain. Will it finally break through? Fundamentals What do they do? Link below: www.google.com Big believer in checklist. Here is mine: Should I buy? * Is it trading at an important technical level that is obvious? * Is the R/R in your favor? * What is the likelihood...
Technically Speaking The 1.43 level has been a good source of demand, going back June. That level held again today. The first hurdle is the 100 DMA. This average has repelled advances and declines in the past, note arrows. A clean move above would likely bring in more buying. What to do? Longs are looking for a rotation back toward the top of the range near...
Technically speaking A nice range forming b/w 6-11.50ish. Fundamentals When dealing individual stocks, I always encourage at least a basic understanding of what the company does. The company could be under investigation or have accounting irregularities. This stock apparently has both. Here is a quick rundown. seekingalpha.com What to do? Always try to...
Technically Speaking Acadia Healthcare Co is sitting at a support level that was last tested in 2014, roughly 40. Will it hold this level? Who knows. What to do? Looking at the chart it would seem the R/R favors being long at these levels. A stop somewhere under 36 makes sense. Just have a place that you will EXIT. The number one job of a trader is to protect...