Videlo

Videlo Updated 

I think the chart will explain itself but here goes. Everytime the RSI gives us a Hidden Bullish Indicator, the stock runs far and in a short period (65%-180%) After the run up, stock retraces to the golden pocket before starting up again Major Trendline Support (can be used as a stop loss) Oil is one of the few sectors that have escaped this 3 week...

Videlo Updated 

Hey All, Thought I'd share this one. Price nearing major trendline support Accumulation/Distribution Line trending upwards Selling pressure starting to lose steam (volume decreasing) Stock has been a major momentum trade and I don't see it stopping soon (nice tech) Target 1: $17.50 Target 2: $25.00 Stop Loss: $12.00

Videlo Updated 

Looking like RIG is setting up for a Cup & Handle breakout. I'm thinking a $1-$2 pop in the near term. Positives: Volume has been higher than usual over the last few months. Hidden Bullish Divergence Accumulation/Distribution Quantity Rising 50 MA crossed 200 MA Support on 50 MA Negatives: Heavy Resistance Line in Red Oil is a Dying Sector

Videlo

Spinning top candle RSI over bought Same run up after good earnings beat last quarter with the same result as this quarter Need one more correction before we can break above

Videlo Updated 

This is a long time frame short swing trade, at least 3 months and possibly up to a year for the entire move to complete.

Videlo Updated 

Eli Lilly Oversold on the Monthly RSI. RSI and MacD are both indicating bearish divergence. Repeat on Head & Shoulders Pattern Stock trading at 50x of earnings (forward P/E is 20), PEG ratio of 3.50! Price is 9x book value. High Risk to Reward Ratio 3.8 to 1 with a large stop of $5.50 6:1 or better with a stop above the swing high Target 1:...

Videlo

Bullish Divergence appearing at the bottom of this falling wedge. Similar setup on BTC from before on a similar falling wedge. Expect price to retrace the move towards to the .618, although with so much bearishness lately (maybe close position at .5 fib) To keep in mind, it would be nice if this was the bottom for BTC but i'm not claiming that's whats happening.

Videlo

Bitcoin is about to start a new 5-3 Elliot Wave pattern. Markets repeat themselves and bitcoin is headed higher, especially since the good news about lightning network. There is also an upside down head an shoulders pattern formed within the end of the first 5-3 and the beginning of the new 5-3