notilttrading

notilttrading

Holding support at the 50-day MA, we want to see it takeoff and bounce from here. Need to be wary of future red days in the market, could take this stock down with it and ruin the patterns we are seeing forming. Riskier pick as we are getting real tight to the support level. Nice oversold values, bounce is coming, question will be when and for how long.

notilttrading

While the rest of the market tanks, look no further than the recovery plays provided by the financial sector and the consumer sector. Here we see $CAG satying on track to maintain this channel it's been trading in. CCI now reaching the oversold area, RSI to follow. Like this one to bounce and continue the upwards movement for a solid brands.

notilttrading

We see $MET maintaining the trendline formed throughout the last month or so, keeping the pattern of forming higher lows and then moving on from this correctional wave that we see going on. Expecting a further dip tomorrow, or maybe Tuesday, that will bring the stock down towards the trend line, lowering the CCI to oversold, and then we will see the next move up.

notilttrading

Times are weird, and it is possible that we will be seeing some sector rotation here, as the tech sector cools off from it's incredible run. $FRC here tightening up for a potential breakout here, the question is will it be up or down? Financials has been a sector that has taken a beating over the last bullish period, if banks break back out and financials heat up,...

notilttrading

We see $DPZ dropping down and solidifying this channel by bouncing off support formed from the trend line of lows through the last couple months. Indicators starting to inch towards oversold.

notilttrading

We've seen $LEN trading in a channel for a month or more now, here it is hitting the bottom once again, and we like it to bounce off. This also coincides with the end of a correctional wave we see, which is ending at very technical levels around the 0.5 mark on fib. retracement. We like the next wave to begin here now, cutting losses if it breaks outside of the...

notilttrading

Buying dips on $ATVI technical setup as it heads into the releases of some bigger video games.