The cash flows of the company to me are just really inexpensive right now. 2.99 per share times 100. That equals out to 299 dollars before the bid/ask and commissions. Thats $299 to own a piece of a 740 million dollar cash flow. Yes i know this has the making of a penny stock scheme, however this company has been around since 1998 for atleast on this chart...
With out using technical's except for the classic support and resistance areas. (But in this case I only have areas as support because that is the buy zones I am looking at) The market currently is down 21.6% from the all time highs. A theory or metaphor that i want to take into consideration is this, in sports every year or every other year a player gets a...
There is a kumo break setup that could possibly happen in the near future. if price can close below the cloud, I have found valid reasons for why price may find near term support at .9200.
Sorry about the repost, i forgot to mention the target area. Please forgive me, thanks.
Possible bounces off near or medium term resistance levels. The bounce off the near term is aggressive, while the bounce off the medium term is the conservative play.
The buy puts for the 36 strike price are currently 1.37 this morning. This is a very good trading opportunity to take advantage of a put option on whole foods over the next few weeks. Several reasons why i have decided to have a buy put option going into the after the open as long as price did not gap down over night. A) price is clearly in a bear market (...
Coffee is showing strength to downside movement going into the last part of summer here in the northern hemisphere and possibly into the fall. If the market can continue to put in lower lows, and reach the 144.00 as stated on the chart above where a support line is drawn due to prior resistance. If price can reach that level, then on a weekly time frame this...
On the end of June this year (2014) The EUR/GBP gave a strong tk cross on the monthly. It is hard not to notice the heavy selling in this pair on the daily along with the weekly time frames. Due to the tk cross I expect the market to continue printing lower lows and lower highs. I expect a entry signal to happen on the monthly chart once a pull back happens, it...
The Es MIni SNP 500 maybe in the most historical rally of all time on the weekly chart. After the market, bounced off the 38.2% ( shown on the chart above, the market has continued to post higher highs and higher lows with no disruption. Based on Elliot Wave principles, the market has gone from A to I, while waiting for the J wave to complete. (the waves are...
The Ichimoku is showing signs that there is a reversal in the making on the Eur/Usd. Double top on the weekly at a monthly kumo top along with a E wave price pattern. A weak tk cross which means a possible kumo break. The sekou span a and b are starting to come together with the possibility of forming a kumo twist. If price falls back down and closes at the 1.3501...
The ES mini is indicating a e wave setup projecting price to reach the 2010.75 price level. A fib ratio has lined up at the 2003.75 price level. The fib levels that match together are the 1.618 Fib extension which is on the chart. Along with the 161.8% fib level found in the fib retracement tool ( i do not have the 161.8% on the chart, in order to make the...
The formula for the v formation lines up directly with the 141.4 retracement level. Also note that there is prior support at this level. The ichimoku has given a strong tk cross to the down side on this weeks candle stick alone with the candle stick currently below the swing lows. The formula used for the V formation is on the chart above. (if this were a...
Talk about a good morning to wake up to. Aegerion gave a strong tk cross to the downside along with price and the chikou span closing below a swing low. The N wave price formula lines slightly above a prior weekly kumo flat top. (please look at a publish that i posted this morning that explains in detail the formulas on the price formulas) The n value gives a...
I wanted to show how to use the ichimoku price theory You may want to go to your local library and as the librarian for books on the ichimoku some have the price theory in the book. So make sure you read the book with the price theory. i left the v calculation out because the price pattern for V was not valid enough
The blue bubbles and the blue trend line is indicating the fib retracement tool. The red bubbles and the red lines are showing how to use the fib extension tool onto the chart. The pink lines on the chart are indicating the abcd pattern tool. PLEASE NOTE THAT THE 1.618% EXTENSION IS THE MORE CONSERVATIVE APPROACH WHEN TRYING TO FIND AN AREA WHERE PRICE MAY...
Cotton is beginning to show signs of a nice little bear run down to the 45 level if price can break and close below the 66 level or underneath where the chart is showing a area that could trap some bears. The 45 level has shown a handful of touches that the market respects as a support level The chikou span is beginning to show signs of a kumo twist. price has...
if price can break above the swing high. Im looking for a) a break (if it closes without a huge candlestick) b) if it breaks with a huge candlestick, im looking for a pullback. back to the swing high
Corn is setting up for a Strong tk cross to the down side. Wave 3 is lining up to prior support found back in 2009. If the market can close below the 405 area I am very bearish on corn and am looking for a target area near the 289 level preferably around the 290 (ROUND NUMBER)