Syncubate

Syncubate

For detailed analysis and commentary, see original blog post published here: www.syncubate.com Since the week of 10/13, when AAPL traded as low as $95.18, the stock is up nearly $25, having hit an all time high of $119.75 on 11/25. Yesterday, AAPL closed at $119, its highest daily close ever, and the company's market capitalization is now upwards of $700 billion...

Syncubate

See detailed commentary & analysis on breakout price action in our latest blog post published on 10/25/14: www.syncubate.com BABA has seen an epic breakout above $90 over the past week. $98 is near term resistance, with support around $95 below, judging from the daily and 30 minute charts. In our previous blog post published on 10/19/14, we noted, "For BABA...

Syncubate

For detailed commentary, see our original post published 10/13/14: www.syncubate.com In this analysis, we look at 4 case studies of stocks that broke down through intermediate/long-term support levels and the subsequent rise in bearish momentum. These stocks all share one thing in common: notable breakdowns in price that traders with a preference for entering...

Syncubate

See our original blog post published before the start of trading on 10/3: www.syncubate.com $89 seems to have been the line in the sand as a near-term resistance for GPRO on the daily chart after the breakdown in price on 10/2. Price action analysis of the daily versus 30 min chart: 1. Notice how the stock attempted a rebound towards the $89 level on 10/2 after...

Syncubate

See our original blog post published last weekend: www.syncubate.com When Zillow's stock closed below $123 on the weekly chart, we noted in our analysis that this was a key bearish development and to watch for the $113 and $110 support levels to potentially be tagged soon after. Last week, Zillow traded as low as $110.56 and closed Friday's session at $112.73,...

Syncubate

For detailed commentary and analysis, see our blog post published 10/3/14: www.syncubate.com In this post, we'll dissect the stock's surreal run up from the low $50s in the beginning of September to its near-term high of $96.45 on 9/30/14. Our chart as published on our blog represents two time frames of interest to us from a price action standpoint. The first...

Syncubate

For detailed commentary and analysis, see our blog post published 9/27/2014: www.syncubate.com Last week, Z tagged the $123 support area and bounced off of it, to close the week out at $130.97. However, there was no carry-over in bullish momentum. The stock has since fallen below $123, finishing Friday's trading session at $121.75. Friday's close is significant...

Syncubate

For detailed commentary and analysis, see our blog post published 9/15/14: www.syncubate.com WWE is now up over $3 a share since we initially looked at it in early July. The $16 level is resistance overhead that the bulls may struggle to overcome moving forward. Historically, the $16 level has been resistance going back to the Summer of 2010. See our blog for...

Syncubate

For detailed commentary & analysis, see our blog post published 8/30/2014: www.syncubate.com As the chart clearly depicts, the SPY is up over 350% in the past two decades. The bull market off of the March 2009 lows began to really pick up steam in early 2013. As we've just closed at historic highs, we should remember in looking ahead to also stare back...

Syncubate

BITA continues its climax run, as detailed in our blog post last week: www.syncubate.com This chart builds off of our previous analysis. You'll notice that the stock has not closed below the 10 week MA since early May. This average has been a support level on two pullbacks, most recently in early July. The 5 day MA has served as support on multiple pullbacks...

Syncubate

This chart supplements our previous analysis entitled "BITA: Climax Run in the Making" For detailed analysis and commentary, please see our original blog post published 8/15/14: www.syncubate.com This updated chart shows in clearer terms the nature of the climax run in formation. Notice how the upside spread between the low and high this past week was $18, the...

Syncubate

For detailed analysis, check out our blog post published 8/15/14 and add your comments: www.syncubate.com BITA has been experiencing a strong move higher along with other Chinese internet stocks recently. The stock is up 85% since the beginning of June, but can it continue its rise, or will the party soon be coming to an end?

Syncubate

For detailed analysis, please see our blog post published on 8/10/14 and feel free to post a comment there: www.syncubate.com As can be seen from the daily chart, UNG has fallen from just over $26 a share near the end of June to just under $22 a share at the close of trading on Friday. From the high point of this trending move lower, UNG has had a nearly 20% drop...

Syncubate

TSLA continues to struggle to break and close above $240. This area on the chart has proven to be a formidable resistance level in the past. The ADX is beginning to point up, so a trending move higher could be in play if the bulls can push forward and keep the momentum going to the upside. We analyzed TSLA and identified this $240 resistance area on the chart...

Syncubate

For detailed commentary and analysis, please see our blog post published 8/5/14: www.syncubate.com In trading last week, WWE finally pushed through $13 and closed decisively above it on Monday, finishing at $13.42, despite the recent stock market downturn. The two month long consolidation which we identified in previous analyses has supported the bulls as a...

Syncubate

For complete and detailed commentary and analysis, please see our blog post published 8/1/2014: www.syncubate.com Today, QQQ closed at $95.02, sharply below both the recent $96 breakout level and the 20 day Moving Average at $95.87 (orange line on the chart). -DMI also spiked above +DMI, indicating on the daily time frame that the bears are growling and putting...

Syncubate

For a detailed commentary and analysis, please refer to our blog post published 7/27/14: www.syncubate.com Zillow made headlines last week on a possible merger with Trulia, and the stock has since surged in value to nearly $160 a share. The buyout of Trulia was confirmed earlier today. On the weekly chart, the stock's price fluctuations show a bull trend picking...

Syncubate

For detailed commentary and discussion, please refer to our blog post published on 7/23/14: www.syncubate.com The bald eagle can fly, but US markets seem to put it to shame, flying even higher, with QQQ taking the lead. A National Symbol change may be in order here, but I digress. Since the mid-April lows just below $84, QQQ is now up over $14. Quite a run, no...