We all know that long AAPL into September will be the easiest percentage points you'll add to your portfolio, but how early should you buy, and what signals should you look for? Price: Any break above 96.30 and I would consider starting to buy shares. A break above 97.00 and I would complete initiating any left over capital I wanted to allocate. At that point I...
The macro environment has created a number of buying opportunities, and NFLX is shaping up to be one of the best. There's a lot to be bullish about long term, but immediately there's pricing action, volume accumulation, and MACD. Pricing shows that the dip double bottomed, and while it's true a conservative investor would wait for it to clear the ~$435 range,...
I think there are better risk/reward ratios to pursue, but I would keep an eye on a few of these technical levels to see if there's any short-term, swing trades to be made. Any break above resistance and earnings are the only thing keeping it back. Volume and MACD would support any movements up. Distribution is starting to pull back, and yesterday's candlestick...
The SPY has been consolidating over the past few days, but technicals indicate it may push into new highs soon. Keep an eye out for rejection at 198.20, which might indicate a triple top and pending reversal, but any clearance would be a safe entry point to go long. Careful shorting on the rejection, since it could be a 0.5% gap fill.
Price has no established support level, and distribution is spiking. When a price is divergent of volume accumulation, pricing action typically reverses, Be careful jumping in here, might be a great short setup.
The recent drop on the support held. That coupled with a reversal of the MACD histogram and accumulation returning, this stock looks like it's ready to hit 227 if not higher. If I was looking to play it safe, I might wait until a close above 227, but even so it might be worth holding for a few percent before it hits that point.
Typically as a stock approaches a high, it requires a technical confirmation that it will beat that high. MACD appears to be setting up for a bullish confirmation.
Daily accumulation is starting to return, which may indicate the worst selling is over. Break above 10 day resistance may serve as an indicator that this stock is ready to run to it's next point, the ~$1250 range.