KAS109

KAS109

Levels drawn according to weekly chart. Earnings will either confirm or negate a trade (4/26). Entry 39.03 Stop 37.62. Target > $42. Will be interesting to watch price action prior to earnings...

KAS109

Pennant pattern, 50 and 100 MA squeeze. IBD favorite.

KAS109

This looks like it's under distribution, it could get juicy if investors decide to flee. Under 50 MA!

KAS109

Going higher - Maybe! 1st Target $32.10

KAS109

Double Top. Short @ 59.40 Stop 59.90 1st. target = $58. Morgan Stanley Downgrade, Trade wars

KAS109 Updated 

COUP - earnings surprise. Expect resistance at $49.57. Hugging 10 EMA and above 20 SMA. Nice trending price action. I am in since yesterday. "The trend is your friend until it bends."

KAS109 Updated 

XOM has bounced off of daily demand area and has formed an upward trend on low and high timeframes. Trading volume increased significantly on Friday. 1st target around $76 and 2nd target $77.50. Let's not forget the attractiveness going long on a high dividend stock. If not a bounce, than further consolidation in $73-$74 range. I believe it would take a major...

KAS109 Updated 

Will watch to see how high DSW can climb before it's ex-dividend date on March 22. Consider looking for a top AFTER that date and a short sale. Stock is already more than 10% extended from 50 MA. Earnings are mixed - operating margin has increased and sales are mixed. Would expect profit taking at that point and a price decline. If stock goes above $22, I will...

KAS109

I lost $500 on this because I didn't stick to the trend guidelines and continued to hold despite what the chart was telling me. I believe MZOR is a great company, innovative product, no debt, however it did recently receive a downgrade which contributed to the downfall in price. With current weakness in the market in which only the strong survive, MZOR was...

KAS109 Updated 

Stop would be 50 MA. KISS.

KAS109 Updated 

Lackluster sales on Star Wars game. Missed EPS. Recent insider selling. Weak income statement with YOY operating margin increase and net profit margin decrease. Technically EA had a lower closing price and could not penetrate supply area today despite a + news release yesterday. Buyer sentiment is still positive tho. Counting on increasing volatility and weakness...

KAS109 Updated 

Good risk/reward ratio. Double top. Downward trend on intraday chart.

KAS109 Updated 

Failed to go higher. Earnings around the corner. Overextended on the weekly chart. RSI decreasing.

KAS109

Low Beta, high dividend yield. Try for buy at lower level of demand area $6.76. First target $7.19. 2nd = $7.39 3rd = $7.69. Stop loss $6.69. Risk= sell off prior to earnings on 3/2, but last earnings was a surprise and stop loss is protective.

KAS109

XOM began recovering with the rest of the market on Friday afternoon. RSI on 1 year daily is oversold @ 35. Dividend stock (77 cents, ex-dividend date 2/12). Excellent opportunity to buy a demand area with relatively low risk. Stop loss below $73.90. I am long and will await confirmation to purchase more shares above $76.94 level in order to reach a reversal...

KAS109

Buyers are tiring out. Trend line break. Decreased volume and RSI trend. Price showing weakness with lower open today. Higher prices rejected as shown by tweezer top. Significant demand area way below never retested. Other peer retailers with better fundamentals are significantly lower -$20 price range- AEO (dividend stock), BBBY, ODP. 1st target = $30.

KAS109 Updated 

Fundamental: EPS Growth >30% quarter over quarter. Technical: Double Bottom, upward trend.

KAS109 Updated 

FORM is in a long-term uptrend. Target = $18.40. Would look for entry when RSI reaches 60 level.