Relative Strength is very important. +12% since trigger on 5-9 close on heavy volume while market was correcting
Closed above 50% FIB + AH news. Phase 1 of the rebound. I will start position with close over $4.02 which will prove conviction
Starting to take shape. Indicators point that a higher move is coming. I will wait for SMA50 to be taken out.
Bull Flag breakout that failed at resist followed by bear engulf which tested TL and finally closed over resistance. Long at $10.18
Alot of morning star reversals lately. Bull flag breakout and retest. Long single was retest of flag +10%
Looking for a close over $45.43 to add to position. Would be over both 20 and 50MA and recent resistance.
Found support today at 38.2% FIB but was on low volume. Since this is a H&S break might go all the way down to $42.
Clean breakout today on nice volume. Morning Star was confirmed. Has great upside potential
Here is the great entry QCOR allowed +10% since bounce off old resistance (now support)
Daily View - Building a nice bull flag right around old 2009/11 support levels(current resistance). Measured move shows 90% gains coming
Wkly View - Broke out of 7 year DT early 2013. Failed at 2009 and 2011 support but volume shows buying interest
Ton of bullish indicators - RSI / Accumulation / Falling Wedge breakout / OBV / MACD / Volume / SMA20
Broke out of Flag and is now testing resistance. Close over $10.10 is still in play
Why im still holding. Dual hammer and couldnt break 38.2% FIB. + I love the CNH and the company upside = biased.
Safer entry is a close inside $15.41 but could make a case to start pos at $14.86. Does this bounce get sold off rest of week?
Allowed a nice entry at $15.28 or hammer on TL. I missed it but preperation would of caught this
I cant imagine we get a triple bottom bounce. Can large funds keep this up?