Looking to go long around the .85000-.84600. Looking the stochastic oscillator to show an oversold condition and it to line up with major support/fibonacci area. Looking for bullish MACD divergences before entering to help confirm trend change. We will post our entry on the comments below. www.theworkingtrader.com
Bearish Harmonic Pattern and downward trend line with overbought conditions slowly appearing
Technical Play 1) Key Fib area buyers have stepped in 2) Bullish Harmonic Pattern 3) March 2009 support is holding 4) MACD trend is rising. Target is 17$ dollars.
Stock needs a rest and a pull back to the trend line. Macd trend is also in a decline.
Nice Fibonacci level. Great support area. With a bullish Harmonic pattern!
In the Buy Zone will look for support buyer to step in before entry in a position.
Will short close as possible I can get to 108-112. Stop is 116. Targeting 92-90 Nice bearish Fibonacci Harmonic Pattern formed in a major Resistance Zone.
Way overbought and looking for a pull back into the target areas applied on the chart. If $USDCAD bullish run continues that should help this turn around.
Great risk to reward if you like playing stocks in a nice range based trading. Stop is under range. Target is 58$ 10% reward for 2% risk!
Will start stalking for a short position between 145- 153. This ideal for most risk to reward. Will look for bearish Candles and the Stoch is already showing overbought and I will look for any indicator divergences to confirm such as MACD.
Looking to get long in the buy zone great. Looking for macd to start curling up before entry. A nice bullish harmonic pattern has formed.
1 more push and we will in a very overbought zone. A nice bearish resistance zone giving risk to reward in our favor. and a nice bearish harmonic pattern as formed!
We are approaching major resistance with a bearish Harmonic Pattern and Stoch showing Overbought. www.theworkingtrader.com Helping the working person get ahead. Work full time and make a passive income by swing trading!
Bearish Bat has formed into a nice shorting condition. First Stoch is overbought. Second we are into a major resistance area. This is great risk to reward setup. www.theworkingtrader.com. Please follow on twitter for entry. Will wait for a bearish candle before entry.
Shorted @ 1.6630 Follow me on twitter for live updates. www.theworkingtrader.com
Oversold condition in upward trend. The risk to reward is in our favor here. For more exact entry's please follow my twitter
Will looking bearish divergences and bearish reversal candles before entry. Follow on twitter for exact entry.