Dominos has been doing great and it looks as if it is getting ready to make another move up. The support is still 100 and believe it will make a run somewhere between 130 and 140. 2/24 after close
There has been a lot of talk recently about the stability of the market with the major talking points being Korea, China, Oil and terrorism. Hopefully I can help clarify how these issues impact the market. THEY HAVE LITTLE IMPACT ON THE MARKET! There, I said it. The big money in the market already know that every few years Korea acts up, China is still having...
Here is a slightly simplistic but I believe effective take on the DOW. This is a weekly chart so you have to wait for the week to close out or almost close out before jumping to conclusions. Feel free to let me know if you have any questions or other thoughts
FIRST OFF... I am not saying this is what we are going through now. The crash of 2008 did have clear indicators well before it crashed that let you know the market was on shaky ground. These simple yet clear rising support lines should have given investors the idea to tighten up stops and protect the gains. SCROLL TO THE RIGHT ON THE CHART AND SEE HOW THINGS...
Notes are on the chart. Ask if you need clarification and/or let me know your thoughts.
Time to start adding to the market. The DOW is close to the bottom of a very strong channel. 8/4 after close
DISCLAIMER!!! This is the first time I ever looked at the Shanghai Index China is not showing any bearish signs yet but I can't feel bad for them. China has had a GREAT year in the market. Even with this pullback, if you invested in the Chinese market around this time last year, you would have still doubled your money. If you invested at the beginning of the...
Microsoft has been a little confused and I would be extremely cautious with this one. The blue line at 43.61 is a pretty good support line and 45.23 is a weak but good enough for a quick trade resistance. What I mean is that if it closes over 45.23 and you buy it right before it closes, the chances to make 1-2% the next day are good. 47 is the BEST resistance...
There is a very long-term support at 118.43 and I don't see any reason why this trend will change. I would enter a position as close to this level as possible and accept the losses if it CLOSES below 118. As it stands that is a risk of about 5.5%. The short-term resistance is at 126.51 and if AAPL closes higher than this I could see a short-term breakout maybe...
8 day crossed over to bullish territory. Sell at 210 for a quick buck. Or sell half and place stop at 193 and see if it goes higher. Bullish if it closes over 230. 3/24 after close
Long-term trend is up and major support at 104.63.
31.76 is the major support. 32.41 is the rising support 33.31 is the resistance It's near the bottom of the trading range and has a 5% dividend. Something to keep an eye on. 3/16
COH has been going up for many months and is trying to breakout of this short-term funk. Major support at 39.70. 3/14
This may be a good time to open a partial position and add to it once confirmed. 3/14
Right now the trading range is between 84 and 104 and with all the recent hype people are talking BUY BUY BUY... The main concern right now is the decreasing short-term support line. The lows are lower with every correction and this is not a bullish sign. Today was very bullish and we will see if it pushes over 98 before the end of the year. If it does then I...
The DOW has been following a nice channel and looks like it may be due for a small correction. Right now the major support is at 15855 but I would bet that 17000 be the first minor support level.