Market_Psychology

Market_Psychology

Price action has been stuck in a range. Waiting for strong momentum out of the range with good volume before entering a position. Its testing the upper-limits of the range now. Let's wait and see.

Market_Psychology

Inverse head and shoulders with price breaking through a key resistance at 21. Target is 28 then 31.

Market_Psychology

Nike price jumped above its previous all time high this morning. Decent volume. Looks like a break out. Old resistance now is support.

Market_Psychology

After a good earnings report price has jumped above the previous resistance level. Now that level will act as support. Target is 9.

Market_Psychology

Price action popped up above the 200 MA and resistance level of previous week. Though RSI is overbought at the moment I think this one has the momentum to keep pushing up.

Market_Psychology

After touching down on the 200 ma, price jumped above the 20 ma and a resistance. This one is going to keep up for a bit.

Market_Psychology Updated 

Price broke above resistance and the 200 MA, probably due to rumors of the china trade talks going well. More good news the better.

Market_Psychology Updated 

LX closed above trendline at 10.30 after trading in a tight range for some time. Good volume on the breakout. This one is going to continue up.

Market_Psychology Updated 

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...

Market_Psychology

ET pushed past resistance with a nice move. Target 16.5

Market_Psychology

After a solid earnings IPGP broke through resistance with decent volume. Today it seems having a little retrace. Perfect time to load up on a long position. If there is a heavy drop in price I will exist, but I think this is going back up. Target 165.

Market_Psychology

The 0.618 Fib was providing resistance for awhile but price actions has burst through it with good volume. No price is stoping at the 200 MA. I think it is temporary and we will be testing 7600 before the end of the week.

Market_Psychology

JNJ has been on a tear recently. After being stuck at 135 for a few days it has broken above. A clear break out with good volume. Also the 20 and 50 MA just did a bullish cross. Long target at 140.

Market_Psychology

MSFT (as with the rest of the market has been a bullish run for the past few months. Price is trying to break up. I'm looking for a clear close above the resistance with good volume before entering a long position.

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_Psychology Updated 

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.

Market_Psychology Updated 

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.

Market_Psychology Updated 

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