andrew.allen1984

andrew.allen1984

Look for a decline amid unemployment numbers release. Anticipate further decline until numbers release

andrew.allen1984

Bollinger bands show modest movement between lower and middle bands. ADX is currently at 11.6338 which indicates to me that investors could be on the verge of a potential price appreciaton. The Average Direction has bottomed out and it seems to me that it only seems logical that a new price trend is in the near future. CCI has also been hoovering at their...

andrew.allen1984

MACD signaling a possible uptrend with more volume being traded. Just hit upper band and looks to ride on it for a brief amount of time before correction

andrew.allen1984

MACD signal has been in a downtrend, look for a quick breakout when markets open

andrew.allen1984

Retracement 38.2%-1.1031 50.0%-1.1025 61.8%-1.1019 Extension 161.8%-1.1131 138.2%-1.1119 100.0%-1.1100 61.8%-1.1081

andrew.allen1984 Updated 

CAH is ready for a quick push back up. Meeting R3 and riding the lower band gives direction for this fundamentally strong company. A quick bull call spread could yield profits.

andrew.allen1984

Right now is a great opportunity to short AZO. I would go with a bear spread or a put backspread. The price channel has risen over the top band for a while. It has met R3, this is the time for a quick option spread for this stock.