Noble Energy has broken the accumulation and is now in the markup stage with price above 20 DMA above 50DMA. Target is slightly below previous high around 37.50 and stop is in channel and below whole dollar around 28.90
AMD is hitting the support of the long-term channel, so wait for confirmation on whether it is long or short. My guess it that AMD will reverse the trend, but I will wait for price to be above 50 day moving average.
beautiful bull flag right here with the breakthrough to the upside. i would set the stop right below the red candles in the flag part. the target is close to 71 dollars; over a four percent increase in what should be less than a week. RR ratio: 2.78
This guy has been in a channel since April only moving around a dollar for the most part. Its hard to really read such a sideways chart but i am anticipating a large upwards move, but I will be patient and wait for a breakout close to $35.10. Any thoughts or ideas?