Market_Psychology

NRP is ow trying to break through the resistance set at 39 for the third time in the past few weeks. If it closes above and has a bit more volume, I will probably be entering this trade.

Market did not like the earnings report on VCRA. However, price has stoped around a historic support level. The bad earnings where in part due to the government shut down. VCRA was in the process of negotiating deals with Department of Veteran Affairs and Dept of Defense. I see it as a temporary set back and not a longer term trend. With price at this support...

After a stronger than expected earnings report on Wed night, GoPro price has broken above previous strong resistance. This appears to also be a reversal of a longer term down trend. Long with a current target of 5.80.

Nice Bullflag on this gold mining company. Also being supported by the 50MA. Should go up to 14 or so when it breaks out

APPN has broken through a long held level of resistance. Should continue to rise. Targets are 33.5 then 37.

Similar pattern to my last few charts. After trading sideways for a bit APPN has broken above resistance.

Price action clearly pushed above the previous resistance at 11. Indication of reversal of the down trend over the past few months. Plenty of room to rise.

TAP just broke over a heavy resistance. Price action alone is bullish. Have earnings coming up soon. If they are at all positive this is going to jump.

The rally over the past month or so has placed FB stock in a great position to short. For the first time in a while price is above the 50 MA. Given how the market is quick to sell tech stocks especailly FAANGs I do not think price is going to stay up for much longer. Also we are approaching significant resistance at 148, and unless the market drastically changes I...

The last major bear market declines in 2001, and 2009, both saw declines of around 50%. Right now, from high in October we are down 18-20%. If those bear markets from the 2000s are indicative of our decline now, we are looking at an additional 30% drop, or a price target of around 1500. By many indications we are over due for a correction. Hopefully not one this...

This stock has been beaten down with the rest of the market over the past few weeks. It is heavily oversold. Neutral or a beat on earnings will push this back up to at-least the 50 MA. Its not about phones any more. This company has been focusing on IoT and cybersecurity and is well placed for the long term.

After a sell off today I think it is helpful to revisit the long term trend line. We still have plenty of room to drop while still maintaining this upward trend. If we break past this, then we will be in not just recession but depression territory.

Apple stock has been significantly down for the past few months giving us a great buying opportunity. P/E for apple is currently at 14. This is compared to other tech companies (like Netflix ) who have a P/E around 100. I think this is a great value and a perfect time to enter a trade. Price right now is bouncing off of key support in the 170-165 range. I expect...

Easy set up to long spy. Until we break out of blue rectangles we are ranged bound

Long term head and shoulder on this stock. Overall people seem to be bullish on this stock for some reason. Trend looks like its going down to ~35 or so.

Facebook has been on a down trend since August. The downward trend was further confirmed by the 50/200 MA cross in September. Short term, just these past few days there have been a few negative news stories about that I do not think the market has reacted to yet. Edit: here is the news I was referring to...

Reverse and should pattern. Some resistance at 21-22. If it pushes past it price will likely continue to rise. Stop at bottom of right shoulder.

Yeti is a great stock on an upward trajectory. Good one to hold for the holidays as they make great gifts, both stocking stuffers and their high end coolers