MTH - Expecting open at 41.50 for a Golden Gap N Go Learn strategy for free at www.reallifetrading.com
SQNM - Retest Gap so wait 30 minutes then look for bullish break off of 10 or 20 ema on a 5 min chart.
IDRA Retest Gap so wait about 30 minutes then look for bullish break off of 10 or 20 ema on a 5 min chart.
FTI - Expect open at 49.99 for a Retest Gap. Wait for 30 minutes then look for bullish break off of 10 or 20 ema on a 5 minute chart. Be wary of pivot zone around 49.54-50.24
ITC - Expect open at 36.68 for a Gap N Go. Wait for early quick pull back and watch for bearish break off of 10 or 20 ema. Be wary of 36.35-36.11 support zone.
MPEL Expect open around 23.79 for a Retest Gap. After about 30 minutes, watch for bearish break off of 10 or 20 ema on a 5 min chart. Watch out for strong support at 23.53 and make sure the reward risk ratio is there before tracing a trade.
Could be a failed double top. Let's wait 2-3 days to verify.
Making LL and LH on the daily.
Looks like a potential double top ish patter on the daily. Neckline is around 108. Keep an eye out for a reversal around that area, and a directional put or BCS could be placed as a short term trade.
Closed below the 200 SMA on the weekly. Bearish retest Gap. Dan Walsh is looking for a longer term entry and trade. IF CVX closes above 112, I would be more bullish than bearish for the short term. If CVX breaks the 108 low, could buy protective puts.
Perfect on all time frames for the intraday trade.
beautiful pennant inside day candles decreasing volume look for NWS