Master_of_Fine_Charts

Master_of_Fine_Charts

The most recent candle tested four fibonacci levels and closed at the .618 level. The D+ recently crossed D- on the ADX and the Force Index, long and short term turned positive. There is bullish divergence with the OBV up while price declined from 8/9-8/23. Looking for a short term swing trade with a 1.5XATR stop and a target of $8.84

Master_of_Fine_Charts

Price closed above the POC line (YTD) and the recent price rally is confirmed by OBV which crossed over the 13 day exponential average. In addition we see the MACD has crossed and the most recent close tested the the .78 fib level before closing above the 1 fib level. Target: $19.99, $21.65

Master_of_Fine_Charts

In the last 12 months III has traded the most shares at $7.12 with over 70% of trades in the $6.15-$9.68 range. Given the current price of $6.27 this looks like a low risk entry point. An overreaction to EPS brought the price to $5.88, a level which has acted as support and resistance going back to May 2021. Price was able to close above the .38 fibonacci...

Master_of_Fine_Charts

PBTS made a golden gross back in mid July and has rallied since. Price has been in the 1.20 to 1.40 range for about a month as it consolidated after a big rally. I am intrigued by the OBV as it stayed somewhat steady since June, where even after the big spike and drop it barely moved down even though price dropped by more than half. In my opinion this implies...

Master_of_Fine_Charts

This has been one of my favorite REITs for a while. I like the dividend growth and that it's a specialized REIT that is in the cold storage space which is a necessity in the logistics chain. Since bottoming in May we see a series of higher highs and higher lows and recently some consolidation in the $31.4 range. I am looking for a dip to the .78 fibonacci...

Master_of_Fine_Charts

The MACD recentlty crossed and both the short and long term force index turned positive. The 8/11 candle broke above resistance and closed there, taking out the 1 Fibonacci level while doing so. Despite the long upper wick on 8/11, the 8/12 candle closed above the prior close and also closed above the descending trend line. Targeting: $2.61, $3.11

Master_of_Fine_Charts

ANNX has made higher lows and higher highs since bottoming in April. Beginning in June the OBV has confirmed the up trend. The most recent candle made a bullish engulfing patten that tested and closed above the descending trend line. We also see that the short and long term Force Index recently turned positive. With the MACD curling it appears it should cross...

Master_of_Fine_Charts

ADX of 46 with D+ angling up indicates a strong uptrend as yesterday's candle took out the .78 Fibonacci level as it approaches the POC (12month) OBV confirms the uptrend and short and long term Force Index suggest the rally up should continue. Looking for a break above 6.33 with volume to avoid a potential double top. Target: $7.91

Master_of_Fine_Charts

XAIR has formed a giant bullish pennant with the price closing just under the. 38 Fibonacci level . Bullish divergence can also be seen as the OBV remained flat (slightly positive) while the price declined during the same period. This could signal accumulation. The 50MA is rising rapidly and cold make a "golden cross" in the short term when it crosses over the...

Master_of_Fine_Charts

D+ recently crossed D- on the ADX signaling a change in trend. In addition MACD is indicating that momentum is increasing and the most recent candle closed making a Bullish Engulfing candle with heavy volume. The close also broke above: the descending (weekly) trend line the 200 MA and also the the .78 Fibonacci level. The confluence of these bullish signals...

Master_of_Fine_Charts

EZPW rallied into earnings and spiked after beating EPS. This has been on my watch list as a long idea for a while and fundamentally I like it. Technically, however it appears overbought with an RSI of 76 and ready to retrace. Notice the most recent candle's extra long upper wick. It tested the 1.61 fibonacci level but it suggests that bulls could not maintain...

Master_of_Fine_Charts Updated 

Price has been consolidating in the .24-.25 range since May which is also in very close proximity to the POC (12 Month) suggesting this could be a low risk entry point as the most shares traded in 12 months has been at .2424 cents. The Force Index is curling up, the D+ crossed the D- on the ADX and the MACD just crossed. These indicators in addition to the...

Master_of_Fine_Charts Updated 

We see higher lows since mid may and in recent weeks some consolidation in the $18-$20 range. Price recently tested short term support at 17.95 and rebounded testing the .61 fibonacci level. Several bullish signals: 1. MACD cross 2. D+ crossing D- on the ADX 3. On balance volume confirming price The most recent candle made a potential double top so I would...

Master_of_Fine_Charts

Recent MACD cross and two big green candles in a row which took out the .78 Fibonacci level and broke above the descending (monthly) trend line. ADX at 56 and the D+ curling up suggest strong bullish momentum. This could pull back a bit and test the .78 fib level before going higher. Targets: $1.43 (resistance), $1.86

Master_of_Fine_Charts

Price took out the .618 Fibonacci level on relatively high volume and by doing so also broke up out of the wedge to close above the 200 MA. The short and long term Force Index are rising the MACD recently crossed suggesting that momentum is picking up.. Targeting: $8.54, $9.51

Master_of_Fine_Charts

Since bottoming on June 16 QQQ has made higher lows and higher highs showing a clear uptrend as the 9 and 20 EMAs both crossed the 50 MA. The price recently closed above the 50 MA at 315.46 for the first time since March. This level has acted as both support and resistance several times since 2020. The D+ crossing D- and the ADX curling up are all very...

Master_of_Fine_Charts

Since bottoming at $68.5 in May SBUX has made a series of higher lows and most recently a higher high. The ADX is confirming the uptrend since June when the D+ crossed D-. The OBV is also confirming the trend. The most recent candle broke out of the weekly and daily descending trend lines and closed above the .618 Fibonacci level. Short term and long term...

Master_of_Fine_Charts

Most recent candle broke outside of the wedge with relatively high volume and closed above the 200 MA for the first time since March. Price also closed above the .78 fib level. The ADX is displaying a strong trend and DI+ rising is bullish. Targets: 2.45, 2.60, 2.92 (possible resistance)