Freeport-McMoran Copped & Gold has put in a solid bottom at an important support level, with strong underlying fundamentals. This should now test upside resistance level above $60.
This stock is setting up for another upward movement. General Communications has had an upward move from $12 in August 2016 to its recent high of $43 in July/August 2017, it has been in a sideways range since. The upside price targets are $61 and $70.
Contango Oil & Gas company has fallen from its high of $95 in 2008, to it's recent low above $2. This stock has solid support at this level, along with improving underlying fundamental metrics. An opportunity to time the upcoming advance higher in this market (with limited risk) is setting up. I expect to buy and hold this stock for a year or longer after the...
Elli Mae presents an interesting opportunity: to time a Long entry with limited risk and with a very high probability of the upward advance resuming now.
Market timing opportunities are rare and exciting. The purpose is to get on board the next move with a close by stop loss, limiting risk in comparison to greater potential rewards ahead. The best trading...
USDJPY has rallied into a quarterly resistance trend line, forming a Head and Shoulder (H&S) pattern on the weekly chart. I have sold short USDJPY in anticipation of it having formed a current high and moving lower in the near future. I also expect to pyramid this instrument to the short side should my market timing prove to be correct.
There are two price...
This chart pattern shown by the two trend lines lines in green is a 'falling wedge', it is a bullish pattern indicating price will move higher. Oscillators such as stochastic have been oversold on the monthly chart, now also diverge to price action. This divergence indicates price action should most likely attempt to rally, or alternatively go sideways in...
