Formation is set, Alibaba is under pressure and will slide down, technical damage is already done.
Pumpers on ST and Twiter are keeping on repeating their foolish mantra. About to learn something... The bearish rising channel is broken and lower prices about to follow.
The bearish rising channel is broken today. Taking a position and will add to it if the move will continue.
The market failed to breakout to the upside. Expecting BA to slide after touching 50 SMA.
If price can stay above $2933 for a bit, it may go and test $3000
Bounce is over and it's time to go short
$WKHS did not finish development of descending triangle pattern. In my view for the long term that would be a much better scenario. In that case, we would bounce really good of lower price and have an awesome rally. However, the price moved sideways forming bearish pennant and my outlook for $WKHS changed. I still would look for entry but at a lower level then I...
I been stalking this stock for a bit and just entered @ $.60. It is an awesome looking chart, the breakout is valid and confirmed by the spike in volume. Good luck
I expect explosive move within the next few days. Float is low and big changes in the company will take this stock to much higher levels. Way over $10 this year possible
Generally, smart people hate bashers and pumpers. They do not look for "fake news" posts. They need realistic TA report, regardless of how good or bad it is. My fresh view on what is in making here. Take care...
Price was not able to recover after a breakdown. Lower prices expected this week
I was entering long here not that long ago. The breakout did not develop into anything and I was stopped out with a few pips in profit. Right now however I see that failed bullish formation may turn into bearish pay. I often see this in the market, if underlying security failed to do one thing it will do the opposite. I would be cautious right now and get out fast...
I have been long here, trading in and out and believe that this stock has a great future. I would like to eventually establish long term position but for now, I earn extra shares by trading it. Here is my view on what is going on here. Stock is flooded with a bunch of emotional fools that overleveraged and go all in because this time it is different. Any time...
This stock has an absolutely perfect chart. Latest selloff changed nothing, just cleared overhanging overextended longs that went on margin and had no choice but to place the stops. MM's will always hunt on those and will do many things to collect their profit on that. Do not overextend yourself and you will do great. The price will keep on going violently along...
I was expecting an acceleration in selloff but not this bad. On one side, the whole market is dropping but it is not all. There is so much more with GDDY. Technically the chart is broken and broken hard. Much lower prices are coming. Tomorrow I think we will see the first target that I set on Friday. We may end the day in $60 - $62 area tomorrow. At this point,...
I see here a good chance for oil to slide few bucks lower. The bearish rising channel is being penetrated and I think its time for me to go short.
The good news in the company, sales, and reduction of debt. Will go to much higher level soon.
I have been following this stock since it's just started to form the bearish rising channel. Eventually, classic inverted cup and handle formed and what was missing just a breakdown on bigger volume. Well, today we got it. I do not chase such sharp moves but decided to enter on 50% retracement. There is a chance that it may go up a bit more giving me the perfect...