Will take small position and add if get some pullback this week. Could use close < short term uptrend line or below resistance/support line as stop. Process your way.
Weekly and daily log charts. Looks short term overbought If get some pullback will have better risk/ benefit ratio. My stop and target shown. Process your way. Feedback appreciated.
I was bullish a year ago when it broke above the support-resistance line but it then corrected. Now has formed a cup with handle formation. Will buy again on break up move above line with target of 21 - 27. Stop will be a drop out of up channel. Take care. Have a great week and Happy new year. Feedback appreciated.
MU. Daily LOG. Good positive reversal daily RSI. Using my stop as close < 36.60. Target just < 55. Process your way.
Its been about a year since my last post on the dollar (first link below). It played out well if you check it. My very long term view previously posted (second link below) hasn't changed. All of this (like all predictions) are just a guess based on the pattern I see so far. The last view months of drop touched the long term down resistance line which I think...
Taking small long position. Will add if break up and close above horizontal resistance line and the long term down trend line. My personal stop is a close < 5.45 (dashed horizontal line on the daily). Process your way. Company business: Vericel Corp. engages in the development of patient-specific expanded cellular therapies for use in the treatment of patients...
I think likely. I’ve taken a small long position. But we may get a better price to add to that or reposition depending on your time frame. Notice big uptick in volume on the weekly chart at what I think is the bottom. Process your way.
Could possibly see some more up action to try to close gap but could start dropping in next day or twot. I have no position yet. Feedback always appreciated.
See link below for longer term charts and discussion.
It’s been said the market climbs the wall of worry. Also been said it’s time to sell when everyone is bullish. There is truth to these ideas. Which means (like always) it’s a good time to be cautious and follow your discipline ( what ever that may be). QQQ now at the 1.382 level ( +/— a few points). If it just just keeps going up a while here I think that is very...
Ever since the first crash in 2002 1.05% I felt it was possible that was just the first wave of a 3 wave connection. The last the hope of this bearish pattern realistically is that this is what the EWT 0.41% folks call a irregular flat. IFFFFFF this is the case the common Fibonacci relationships are the the "BB" wave is 1.272 or 1.38 x the "AA" wave. We are...
Has developed a negative reversal followed by a bearish divergence in the daily RSI which often leads to some decline.
This is a f/u from the July post. (see link). Shares started going up again after last post and recently have corrected some. Big up day today suggests possible change in correction, either sideways such as triangle or possibly big up move straight ahead.
Although longer term I suspect GDX will be bullish shorter term I am expecting more downward correction. Hope this is helpful process your way.
See link below. The way it looks to me. If correct we should see a reversal pattern beginning soon. Process your way. Feedback welcome. Have a great weekend.
Recent breakout of cup formation with retesting breakout line. Could still short term go back to up channel line but longer term think likely will up wave to about 70 which would be .62 correction If you like fundamentals see: seekingalpha.com Interesting to me is the 2 negative reversals in the RSI (dashed black lines) both of which led to a negative trend...
1. Down action looks corrective. 2. RSI oversold with positive reversal. 3 Recent volume spike. 4 Will use any close < “C” as my stop. Fundamentals: seekingalpha.com
Extended back and forth consolidation on decreasing volume as often occurs. Not completely sure triangle is complete. There could be one more bounce down. If price in near term goes below "c" then I am wrong. Recently upgraded to "buy" by Goldman Sachs who gives a target of $23. seekingalpha.com