sublimares2

sublimares2

It is getting interesting this chart. The AB=CD finished the pattern and the price is hitting into a cluster of resistances. However, more noticeable is the accumulation/distribution line projected behind the price. For few years, the A/D line followed in tandem the price confirming the trends strength- being on the upside or downside. For the last months the...

sublimares2

It is time for a pullback of TWRT. The $47 ish level would be the first target.

sublimares2

@trendline resistance

sublimares2

JCP- tough luck. After a nice, short-lived bullish move of 38.2% Fibo, the signs of bearishness are showing it. The trendline is pierced, bearish divergence, bad news. It is time to watch support levels and how strong they are. Look for the action around the clusters and reaction lines.

sublimares2

Nice bullish trend- intact at the moment and in short term overbought. A catch up breath moment would be nice and also to see some consolidation before earnings. I would watch the level of 8.27 as the line in sand.

sublimares2

Nice energy channel forming at the top of the channel and the odds could be a soon breakout.

sublimares2

AMD is not showing a pretty trend and as much as I would like to paint a beautiful picture the lower low and the lower high of the trend and the gaps on the downside are telling the story. Facts:- lower highs+lower lows - price below MA200 and could not go above - could not recover from the latest move on high volume (Earnings reaction) ...

sublimares2

AAPL - cup with handle pattern- in the consolidation fase. Breakout above the resistance line $511.

sublimares2

GS - beairsh pattern on weekly chart. However, the longterm pattern shows a bullish chart.

sublimares2

MS developed a bearish pattern - like many other financials stocks. The break of the uptrend channel line would lead to lower levels.

sublimares2

BAC shows a bearish bat pattern on weekly chart.

sublimares2

Price is still above MA21, nice consolidation pattern- if it will make the ABC correction- I am not sure but something should happen soon and clarify it. So far so good- uptrend is looking strong until a change in pattern would tell different.

sublimares2

Completion of the ABCD pattern suggests a retracement and a gap gets filled. I am not sure about the second target.

sublimares2

For sure this is a premature conclusion and I will revisit this chart but it does make sense to me this bullish Cypher pattern. The bear flag- in the making- is helping even more to believing into a further downside. The break of the B point is the key for this pattern. If there is no break below the B level- this pattern fails.

sublimares2

The good news: AAPL has already established a long term bullish pattern (not highlighted on chart). The bad news is: it needs to revisiting the pivot area 437-451 before a significat reverse takes place. For now AAPL is bearish all the way to the marked pivot area.

sublimares2

Impulse wave patterrn XAB, B point at the critical potential resistance. If the price is not able to exceeds the B point (next target being 127%). - bearish move below 155. I think is going for 182:)

sublimares2

Great bullish pattern with high targets.(above $8). I would not be surprised if a consolidation takes place at this level. Dragon pattern worked so nice on MAKO and now is DRYS turn.

sublimares2

Look at these spikes- and watch how price goes in the opposite direction of what volume is trying to imply. What is the difference between tweeting up Apple and misquoting up JCP?