In short term EA is showing recovery, i opened a LONG at $91 with target of $109
Currently at 30% discount from ATH of $150
Market is looking bullish with trade deals coming into place,
coming into holiday season and EAs upcoming release of battlefield 5
im looking for a strong push up to previous strong support of $110 before taking 50% of trade and letting...
What are the technicals saying coming into $FB Q3 earnings
1 HR CHART
MACD is about to cross over on the 1hr from a low
RSI is at 40 close to a mid range pointing up showing strength
Price is attempting to push into FB existing range of $148 to $160
15 Min Chart
MACD has already crossed over on the 15min chart, bouncing off previous channel and reattempting...
$MTCH is in a new channel between $48 and $60\
Powerful moving stock with alot of growth potential, one of the highest returning stocks the last 2 years, averaging 100% growth per year
MACD is beginning to Cross from a relatively low position with RSI in its mid range.
A similar setup was before the spike of $38 to $50 and then its range in the $50s
Going long $fb coming into earnings call, p/e ratio is at 20
Rsi in the long term severely over sold and MACD bottoming out
I think FB is going to offer earnings call with good results, they have been extremely quite during the sell off.
Instagram is on fire and i think one of the most used social networks atm with ad revenue starting to come in adding ontop of...
$CAT a dow stock had a large correction near the parabolic line support, alot of support going back to 2014 at e $118, best entry would be at $129 on the parabolic support line however all the FUD that has come from TRUMP and trade war fake news has already shown its effect and held up well around the $130 support line.
Recommended LONG at current price of $135...
Great entry atm for $TSLA, alot of FUD and negative media push to discredit tesla = Great entry points, when major news is creating FUD and price Reacts BUY!
We have great support line at $287 going back to 2014 , lowest price today hitting, $296
MACD has crossed over to the downside and is looking bearish which is our negative indicator
Trend is still ...
We are flirting with but above the ichimoku cloud, indicating further upside, RSI went from above 80 and reset since February back to more manageable levels without to much of a correction, MACD has crossed over for a 2nd time (only negative indicator atm)
If we see a fall into ichimoku cloud we need to be wary and prepare to exit stocks into cash