This is a chart of palladium with some recent breaks to the upside highlighted and the palladium play PAL at the bottom. I would like to thank JR for showing me this play. Not sure this is the big one but a move north it is. Looking back crossovers in the MACD have usually lead to big moves in this metal. We have a crossover now and PAL is following with a...
Found this today while researching. I do not hold a position in it . I would have liked to have found sooner for an entry on that reversal candle but no dry powder anyway for this play. What we have is what looks to be a trend reversal. I have highlighted the reversal engulfing bull candle with volume that formed on the end of the inverted head and shoulders...
I came across this pair in my search. At first, I thought what a strange pair but with Sugar cane making it's way into the energy equation, maybe not so much.
We have reversed the trend and looking to cross the 50SMA. As long as we are closing above that 10EMA , I am comfortable in this long position.
Just painting some support lines here as we move south.
A bio stock with a long history of doing nothing is getting some attention.
Looking at three of the last breakouts the break occurs after MACD crosses the the centerline. Not much to go on but a start.
Should SOL continue this climb back up the mountain there really isn't much in the way. But the flip side to that is there isn't much there to catch it should it miss a step either.
But i see some trouble just ahead. I am looking for a small pullback as we near $20. This may provide a good entry point.
Now will it move? PPS is pinned just above the 10EMA and between uptrend line, downtrend pivot line. The Stoch rsi has been pretty good about timing of these moves on this equity. PPS peaks as indicator goes overbought. Looking for the same here tomorrow. Only question is where will the PPS be? With the engulfing green candle, I am looking for a trend reversal...
They must be going after the same market and have been doing equally well at it for years.
It has already made two nice bull runs in the second half of last year and looks poised for another one now.
The 200SMA is acting as resistance here. More downside may be coming soon short term.