UCTT has formed a large H&S. This one looks pretty good across timeframes and indicators. They H&S is nice and symmetrical and its formation breaks a long uptrend. Overall score is an 8. The RRR is almost 3. trading pattern criteria confirmed pattern 1 pattern confirms trend or confirms broken trend 1 pattern is syemtrical 1 pattern leans in the direction of the...
OI has formed a nice H&S. Indicators support it and so does the trend. I would really encourage you to scroll up the timeframe charts. This stock looks like it could get locked into a bearish downturn for a very long time with some fun gyrations. Overall score is a 10, so this will go to the top of the options shopping list. Weekly there is a large H&S with two...
I think I have finally found a long stock. I hope this is the beginning of many more. Indicators look pretty good and it looks to have formed a rounded bottom. This is however a pattern on the weekly chart, so Ill have to wait a long time for this one to perform. Over all I give it a 6 on my grading scale. 10 is the best. 0 is the worst. trading pattern...
GOOS looks like it could set up for a deadbeat bounce today. Indicators are negative from 15 minute to weekly. up trend looks to be broken on the shorter time frame charts. All that being said, there does not look like there is enough option volume to play this one today. Never the less ill be looking to see if I can find a way. happy trading.
I really can't decide if i should call it a giant falling wedge or a giant rectangle top. Either way its a bearish chart. Indicators are all bearish. Overall trend is neutral on the monthly chart, but bearish on the lower time frame charts. I encourage you to scroll down the lower time frame charts. They all look bearish...right down to the 15 minute chart. Ill...
CMCSA has formed a bear flag (thats a bull flag upside down). Indicators and trend on charts 15 minute thru daily are all bearish. Expect this one to execute over next day or two. Please keep to your stop as I expect sometime today or early next week we will see a powerful swing higher in the indices. That rising tide will (even if temporarily) pull up many...
BRKS has formed H&S. two of three indicators down. overall trend may be reversing. weekly two out of three indicators down Monthly two of three indicators down. trend down
TRCB formed a complex H&S . two out of the three indicators pointing down. Weekly again MACD and RSI pointing down. OBV firmly neutral. trend broken. H&S visible. monthly MACD and Stoch RSI pointing down. OBV bullish to neutral. trend broken
BANR has formed a complex H&S. overall trend is neutral and 2 out of 3 indicators are bearish. A note of caution about complex H&S, this pattern can trend for a long time before breaking out. weekly 2 of 3 indicators pointing down. trend neutral to bearish monthly bullish to neutral
KIM has formed declining H&S. indicators are pointing down across time frames. I like this one.
JBT formed an ugly H&S. 2 of 3 indicators pointing down. Higher time frame indicators are mixed to negative.2.3 RRR weekly monthly
FEYE has formed a H&S. Indicator are pointing down. higher time frame charts are neutral. I would hold your stop firm on this one. over 2 RRR.
BRFS has formed a H&S on the daily chart. All indicators pointing down and trend is down. Higher time frame charts suggest further declines. Lower time frame charts suggest small and short advances in the near future, so be patient. weekly Monthly
OAS has formed a head and shoulders after forming a double top. indicators across timeframe are pointing down. overall trend has recently broken down from an uptrend into a downtrend.
APTO is a highly speculative stock. YOU HAVE BEEN WARNED! This stock is kind of unusual. It has experience chronic price declines for a very long time. Over the past six months a remarkable change in the indicators has been achieved. OBV has surged and so has stoch RSI. The MACD has not. This is to be expected. The MACD is a lagging, but confirming indicator. Why?...
CELG has formed a bearish rounded top. Indicators on the daily, weekly and monthly timeframes are all pointing down. Recent price decline has broken the uptrend. Expect around 1.5 RRR
double bottom in the SPY is in. I am long at least thru tomorrow.
USL has formed a small double top on the daily.Indicators pointing down. I see two possible targets, both with decent RRR.