Oversold territory for a stock like Costco. Another falling wedge. Bullish divergence on RSI. Increasing Volume. Might see a dip to 291 first, but this will see ATH soon
Nice falling wedge on AMC. Multiple bullish divergences on RSI I believe we see bottom at about $7.10-$7.20. Multiple trendlines to break, but medium term outlook (2 months) is $9.60
Ascending Wedge Reversal. Volume is there and ready to go. Generic opioid manufacturers have been beaten down recently over fear of a copious monetary fine, but MNK has an established diverse profile. Do NOT miss this stock when it runs. Break above $4.15 and were off Long Term Target: $12.90
BYND has been brutalized but is ready to turn around. MACD crossover. RSI bullish divergences. Sitting on its strongest support as a young stock. Bullish candle today indicating reversal coming soon.
Bullish Divergence on recent low. Bottom candle printed today Sitting on very strong support at 15.50. Oversold territory. Recent selloff will give way to second tier stocks such as IQ. Great value here.
Apple is mirroring the SPX. Overall rising wedge over the last few months. Currently, the RSI trend line broke, usually a foreshadowing of price trend line break. MACD crossover soon to occur. Large selling volume First stop 213. Clean break of 213, I’ll reassess at 206.
Many have missed a trend line BTC has respected from the start of this bull cycle. The first and Last week of April created two points on that trend line that were later also respected in August. The recent consolidation has been far above my trendline, allowing for sideways coiling for months while still respecting the trend. Decision time is here though. By the...
The monthly is telling the whole story. Rising wedge. Decreasing volume Bearish divergences We reach approximately 3050, get rejected on that RSI trend line and down we go.
Bullish falling wedge. Bullish divergence on recent oversold RSI. Should see one more down day prior to breakout. Breakout confirmed with strong move through $95.
Bullish falling wedge Oversold RSI Resting almost perfectly on the .618 retracement 75 dollar area is ideal pickup to buy
Novartis RSI is the most oversold it has been in 9 years It now sits on a strong support with a range of just 2 dollars below current levels Fib retracement of 1.618 takes this to 74 dollars before the turnaround All of pharma has taken a hit over the last 4 weeks without real justification. I believe all pop up after they announce earnings throughout the week
CLEAR bullish divergence on this last drop from earnings Sitting exactly on the .618 Fibonacci level from the July 2015 peak. May be a bit premature, but this falling wedge is taking shape. MACD on the up. Great buy for at least the next 2 months
Bullish Divergence on RSI on recent low MACD coming back around Decreasing selling volume with first good breakout buy volume Could see a 1 more dollar drop at most to touch the .786 fib retracement Should see breakout before end of week
Bearish Divergences on RSI Failed to close above 175 two consecutive highs. Initially thought this was a head and shoulders, but the right shoulder peaked above the head slightly Either way, it's time to fill that gap Down to 152.50
Looks like bottom is finally in for Rite Aid. Bullish Divergence on last low. TA aside, Rite Aid is still a big player in health care that was beaten down after multiple failed buyouts. The stock is undervalued. Careful of the Reverse stock split the board has approved. No official date of execution yet, but I believe we see growth regardless. The stock being...
Cigna currently at the end of a bullish falling wedge Bullish Divergence on RSI Currently resting on the .618 Fibonacci retracement Steadily descending sell volume
Clear bearish divergence at this top Previously rejected at 240 area and will do so again First stop 220 which is the .382 retracement and first strong support level
Tesla forming a bullish falling wedge Decreasing selling volume Now in a strong support range (260-265) IMO we do not break 260 A significant break below 260 would invalidate the pattern and would look to buy at 250