weensNbeans

weensNbeans

3rd tone was not the charm for JNJ. Short here to trendline and see if we try again!

weensNbeans

I'd love to see a 50% retrace ($9.15) and a bounce of the old trend line.

weensNbeans

Classic retouch of the neckline before proceeding. My only regret is not adding more aft the neckline.

weensNbeans

Surprised the 7/2019 weekly resistance is holding this back. Am I missing something larger?

weensNbeans

It can sometimes be difficult to find entries in this market, here's one for LK. ...but, I think we can do better

weensNbeans

Strong push to complete IHS, testing weekly resistance on the slightly downward sloping neckline. I played this early and am expecting a test aground $7.50s

weensNbeans

I'm not sure how or why BA had continued to maintain its market cap is these turbulent times. Today's drop shows reality setting in... Surprised it took this long. I expect a continued/sustsined drop as their aviation sector continues to get hammered.

weensNbeans

With earnings a week away, best case (longs) scenario: TUP challenges the neck line ($8.75) at earnings, and continues its reversal trend upwards. Likely scenario, neckline breaks and we test bottom again!

weensNbeans

Damn UNH!!! And you're paying me dividends.

weensNbeans

Blew right through the 1.618 retrace.

weensNbeans

That's one way to fill the gap! Bears still very much fighting for control!

weensNbeans

Quick reset before we test weekly resistance for a 3rd time

weensNbeans

The 7.55 range lines up pretty close with a 236 FIB retracement, weekly resistance point, and the distance from the neckline to the inverse H&S. Long and patient.

weensNbeans

Cash influx from sale pushed this way up. Major short position closed? Fast tumble and a rise to test VERY STRONG weekly resistance levels. I don't think it has the strength to break through. I also don't think it is worth shorting from here.

weensNbeans

Familiar pattern for the sector, CURLF just seems to be lagging behind. Will watch and see...

weensNbeans

GTBIF is reversing its trend and rising with the sector, but lagging in how bullish it is. Weekly resistances shown... Gap moves on the daily but these candle stick wicks scream a lot of indecision! I'm long on GTBIF, originally played the channel from the bottom, and am looking for a clear retest to open a larger position.

weensNbeans

Inverse Head and shoulders broke above the neckline, however, I don't believe this is a reversal pattern, rather a short squeeze. News?

weensNbeans

A close above the ascending triangle - reversal through many weeks of resistance!