ATVI displayed Bearish Headwind in both Weekly and Daily charts.
As of 8th Aug EOD, it has broken below Daily Memory Support Level.
There is a valid Box Short Setup using the CUE Unambiguous checklists.
On top of that, the Industry that ATVI belongs to seems to at a turning point as seen from CUE Edge Visual Industry...
FINL Long Trade Closed with Profit.
Some of the Apparel Stocks are languishing but with Strong Fundamentals.
Some are at High Price, maybe even Overpriced.
The Industry itself is weak.
Will the Industry pick up to give a Bottom Catching Buy Opportunity in a Fundamentally Strong Stock?
Or will the Overpriced Apparel Stocks topple over giving a Shorting the Top...
It has strong fundamentals relative to its price as seen from CUE Vital Fundamental Analyst (see link below).
Broke out of Bottom as other Pharma Stocks also recovered.
There may be a Low Risk Higher Probability Trade using Stock or Options.
There are multiple Bearish signals on BIDU today (17th May) just before Market Close.
In Weekly CUE Backdrop Chart, Price bouncing down from Weekly Memory and also creating a False Upside Breakout at Watermark High Level. Candle Shape is Bearish with Upper Tail.
In Daily CUE Hop On Chart, the price is bouncing down from Daily Memory. It created False Upside...
SPG meets all the checklist conditions for CUE Headwind Long Trade (a reversal trade type).
It also has a False Downside Breakout.
Several companies in this group are up today. Real Estate Services Industry is gaining strength.
Tesla had earnings today, 3rd May AMC.
Revenue increased. Earning went into negative (last quarterly earning was positive).
One expert from M***** Fool told on CNBC that Tesla is all about future and not about earnings.
Well, he may be right. He may be wrong.
We, Superior Profit Traders trust our eyes.
And the eyes are telling that CUE Charts are Bearish....
Broadline Retailers are strong.
Several companies in the peer group of Kohl's (like Macy's - M) are at Pendulum Low and showing signs of stabilization.
Between M and KSS, KSS has stronger fundamentals.
Kohl is at Pendulum Low - a low enough price to start looking for Long Term Buy in good companies.
Kohl has a recognizable and positive brand name.
The risk is...
Media industry became weak in Superior Profit Analysis.
CBS has Lower High Lower Low in Daily CUE Hop On.
CUE Backdrop Weekly is Bearish (magenta). Two Bearish Headwinds came since 10th Mar in Weekly.
Stock dropping though SPY was going up for last few days - and that too, sometimes with Very High Activity.
There is enough distance for a quick Swing Short...
Apparel Industry is gaining strength as seen from Superior Profit Industry Heat Map.
Today, another company in this group, UAA, went up by ~10%.
This kind of scenario keeps playing all the time.
When an Industry is at the bottom and starts to go up, several companies in that Industry starts to go up along with it.
There is no standard CUE Setup. But the CUE...
Here is an interesting stock.
It is in primarily in the insurance business. But has an interest in drilling, pipeline, hotels; and now; containers. I am not sure what is the link between these diverse industries.
As of EOD 25th Apr, It is going sideways for a while in Weekly. Weekly displayed Bearish Headwind a few weeks ago.
Now, in CUE Daily Hop On, it...
PKI Is overbought. So is it's Industry Group.
Though Market went up today (20th Apr), PKI and many of its peers dropped.
PKI has a Fake Upside Breakout in CUE Weekly Backdrop chart; reversing from CUE Bearish Headwind Level that had come many months ago.
Daily CUE Hop On chart displayed a Bearish Headwind at end of March 17 and since then price could not go...
LB is at CUE Pendulum Low - that is, a Low enough price to take a Buy Position for Long Term Investing.
It is near Low point - meaning its Stop Loss is narrow.
Potential profit is much higher.
Both Weekly Backdrop and Daily Hop On charts using CUE Templates are showing Bullish signs after dropping a lot in previous months.
Also, Apparel Industry, to which LB...