deepiceman

deepiceman

Been consolidating under $13.50 for the past 6 months. Needs more time than $TCF as it is still below its 50 and 200 day moving averages but constructive pattern emerging. Longer term play

deepiceman

Both weekly and monthly charts are putting in a triple top on this chart where it looks extremely bullish on the daily. Is it going to breakout on the triple top or crash and burn? I am leaning more towards bullish bias.

deepiceman

Ignoring the failed breakout attempt from April 2016, this chart looks like a falling wedge. As long as it stays above $68.50 - $69 mark it is constructive.

deepiceman

Hourly chart of $CVS consolidating after the earnings breakdown and subsequent follow up

deepiceman

Putting in a head and shoulders pattern, will depend a lot on oil but could be moving lower soon

deepiceman

RSI rising, banging on the trendline, closing above all 9, 20, and 50 dma's bodes well for a imminent breakout.

deepiceman

Coming out of its flag, Bollinger Bands expanding, 50dma is just above, just needs volume.

deepiceman

Breaking below the 200 day moving average like back in August.

deepiceman

Making a inverse head and shoulders pattern intraday. Is the bottom in?

deepiceman

Watch in the coming weeks if it can negate the H&S pattern, if not it has a long ride down ahead of it.

deepiceman

Since last earnings it hasn't been able to overcome the 9 and 20 day moving averages and has been shot down at the trendline every time. Moving averages are flattening a bit and with a couple more days of low volume consolidation can get it over the hump. $590-$600 would be the next logical target area above. If it loses steam and falls below $550 most likely...

deepiceman

Above 24.50 with volume would be ideal.

deepiceman

Watch for volume to pour in and lift off, now that FOMC is out of the way.

deepiceman

Needs volume for breakout but looks good and has room

deepiceman

Looks to be bottoming

deepiceman

$CAT multiyear H&S pattern closing in on the neckline area. Earnings are two weeks out, will they prove deadly and break that neckline? I am bearish on it.

deepiceman

It has been basing well and going sideways for a few days now and has reclaimed all moving averages. A close above 162.50 should take it back towards the highs around 172 and beyond.

deepiceman

Looks to be rolling over, short term it might bounce because it is closer to the bottom of the bollinger bands but with 9, 20 and 50 day moving averages all turning lower with the rolling top, it will soon have a date with 200 day moving average.