I have a bullish outlook on CHK. Monthly chart: MACD has made a crossover and is currently rising. RSI has also broke below 30.00 and is rising. Weekly chart: shows RSI strongly rising towards 70.00 which represents a good upward move. MACD also rising. Daily chart: MACD and RSI both reaching highs which can signify a small correction coming. BUY on dip. Profit...
I've been short on BAC until this recent breakout. I expect Bollinger bands to contract while BAC makes a retracement back to support and trend line, then take off for another decent rally.
EUR/USD is very close to its 52 week low. MACD stopped at -0.0061. Now trending up at -0.0011 and getting ready to crossover. Ratio trade. : 2.33. Stop is 52 week low and profit target is 50% fib retracement based off the 6 month high and today's date.