Spread is below the 200 and 100 SMA , below EMA's and below pivot
Pandora is forming a line pattern near a strong support and making HH with good volume. Today was a retest gap from yesterday. If we move higher, more bullish than bearish long to mid term. 3 months potentially.
FOMC candle appears to be nice and bullish AND it's below the 100 SMA on the daily
Next week expiration. 200 SMA acting as support along with 420 price
YHOO Is between 100 200 SMA on the daily. Nice gap providing resistance for the bear call and 200 SMA, hammer, gap, candle providing support for the bull put. 20% potential, less than 3 weeks time.
On the morning floor session on Mar 18, 2015 we had a discussion on what a High Of Day (HOD) Retest looks like and how it compares to a HOD Breakout. Candle 1 defines the first HOD. Candle 2 is a HOD Breakout, but the two candles after it show that new support and resistance are quite far apart and that old resistance (HOD) is not new support. Candle 3 is the...
RGP expected to open at 21.33 for a Gap N Go. To learn to trade for free go to www.RealLifeTrading.com
ADBE expected to open at 75.50 for a Perfect Gap N Go. To learn to trade for free go to www.RealLifeTrading.com
NKTR expected to open at 11.91 for a Gap N Go. To learn to trade for free go to www.RealLifeTrading.com
JBL expected to open at 23.48 for a Retest Gap. To learn to trade for free go to www.RealLifeTrading.com
Breaking strong support. CAT hasn't been this low in a while. Bearish volume picking up a little bit. Closing below some strong support.