Mikegg26

Mikegg26

.382 fib r

Mikegg26

Price broke out of that trend channel and now old resistance is becoming new support, There is also one of my Strength Reversion signals where price comes back to the 200 SMA and the RSI is an Over Sold condition... I Would wait for the RSI to come back into the neutral zone then i would take a long position...

Mikegg26

with Natural Gas on the rise i think Enlink will start going up now but first i think it will pull back to the 1h charts 200SMA i would look for it to be over sold at that point then i would take a long position once the RSI got back into the neutral zone.

Mikegg26

with the feds interest rate decision coming up on the 16th i think people will be looking for safer assets to put their money into and platinum is at a very long term support level and at a shorter term support level... i would probably wait to actually take a position at least till the upper resistance trend channel is broken.

Mikegg26

price will probably just keep bouncing in the channel

Mikegg26

When you look up WINGSTOPs company IPO overview on Nasdaq.com, it says their initial stock price was 19$ a share now from what it looks like on the chart price really came out around 30$ a share witch says people were very interested in it at 19$ a share, now the stock is dropping and when the expiration date happens on 12/9/2015 the smart money will be watching...

Mikegg26

Price just hit the 1h 200 sma and it is over bought, when it comes down into the neutral zone i think would be the time to short it

Mikegg26

i think we could see price come down to the 1h charts 200sma and if at that point the rsi goes into the over sold and back into the neutral zone then i would go long till price comes up and hits the 15m charts 200 sma then i would look for the rsi to be over bought and i would go short... I'm very short term short, medium term long and long term short.

Mikegg26

At the 136.900 zone there used to be major resistance then we had a triangle, it broke out of the triangle and is now coming back to test the prior resistance and i think that will be new support also at that time the 50 sma will be hit on the daily chart and the RSI on smaller time frames such as the 4h will possibly make it to the over sold zone (below 30). i...

Mikegg26

On the 1 hr chart i think price could go up to the 50 sma and at that point if the RSI on a smaller time frame such as the 15m and or the 5m chart is in the over bought zone (above 70) then i would wait for the RSI to go back into the neutral zone and take a short position... if the RSI never makes it into the overbought zone i would not take any position..