jenny_rebekka

jenny_rebekka

After extensive research, I believe Sarepta Therapeutics Inc (NASDAQ:SRPT) will likely breakout this week. The chart has consolidated for a long period, slowly falling from over $60 after the last fantastic bit of drug news. The breakout trend line seen in the chart below continues to be hammered and should give way on the next move up. I also believe there will...

jenny_rebekka

Oil has been under non-stop pressure for the last few weeks, falling from new $55 to the $47 range. Talk is becoming overly bearish and that may be a great signal to buy. Another signal that oil may be headed up is the stock chart of Apache Corporation (NYSE:APA). The bullish combination of major support stretching back to August 2016 and a bullish inside bar...

jenny_rebekka

There is beautiful bullish consolidation on the stock chart of Darden Restaurants, Inc. (NYSE:DRI). The stock is getting ready to blast from its current price of $74.68 to $79.00. Investors should be on high alert and enjoy the ride up if they are long. This setup is a classic technical analysis pattern formation that can be found in any book. It works out a high...

jenny_rebekka

Healthcare products maker Johnson & Johnson (NYSE:JNJ) is nearing a double top resistance point on the stock chart. The level is $126 and is the former all-time high on the stock from July 2016. A double top on the stock chart is a technical term that tells investors there will be heavy selling at that point. It likely will be tough for Johnson & Johnson to go...

jenny_rebekka

Shares of Costco Wholesale Corporation (NASDAQ:COST) and hammering on a triple top breakout. The level is $169 and if Costco can blow through that level, it has significant upside, maybe as high as $200. Don't jump the gun and buy Costco before it breaches the level as it may not breakout, instead collapsing lower. This is a possible breakout, not a breakout that...

jenny_rebekka

Shares of Teva Pharmaceutical Industries Ltd (NYSE:TEVA) plummeted after-hours Monday after four patents on Copaxone were invalidated. The stock fell as much as 10% to nearly $31. Teva Pharmaceuticals has been under pressure for months from government threats of drug price curbs. The stock is trading at 10 year lows. I am alerting investors that there is major...

jenny_rebekka

Deere & Company (NYSE:DE) has had an impressive move since it put in a bottom in early 2016. In January 2016 it was trading at $70 and now finds itself near $108. This is a whopping move of 54% in a year. A move of this magnitude alone does not dictate a short swing trade. However, when you see the stock hitting a trend line connecting the former all-time highs it...

jenny_rebekka

Shares of Advanced Micro Devices, Inc. (NASDAQ:AMD) corrected over the last two weeks (finally). The stock had been on a one way track from $2 in January 2016 to over $12 in December 2016. There had only been minimal pull backs all year long. That changed in January 2017. The stock fell from $12.40 to a low today of $9.81. This is a corrective move of 17.5%. More...

jenny_rebekka

Investors should be watching the price action on Simon Property Group Inc (NYSE:SPG). Any stock trading close above $188.25 triggers a dual trend line breakout. That is when investors should buy. Take a look at the stock chart below. Simon Property Group Inc has been chopping sideways for the last three months. Multiple times it has tested the $188.25 level, each...

jenny_rebekka

Every day of late, I see small caps surging incredible amounts. Sometimes there is no rhyme or reason, other than they are low float former runners. I have decided to get into the action with one that seems to make perfect sense. The stock is SemiLEDs Corporation (NASDAQ:LEDS) and it has all the characteristics of a small cap that will surge. Not only is it low...

jenny_rebekka

Is Jim Cramer a contrarian indicator on American Express Company (NYSE:AXP)? He was extremely bullish on Mad Money this evening but everything I see spells major downside on the stock. There is multiple mounting technical signals that tell of a sharp decline coming. What has me looking to short American Express is not only the 28% mega it has enjoyed since...

jenny_rebekka

Shares of Fossil Group Inc (NASDAQ:FOSL) have been caught, like every other brick and mortar retail company in some heavy selling pressure. Sales appear to be in a continual spiral as shoppers move online. Sentiment is overly bearish which is why I am looking for a long trade. Stocks like Sears Holdings and J.C. Penney have all been hammered. However, aggressive...

jenny_rebekka

I currently have GoPro Inc (NASDAQ:GPRO) in my Verified Investing portfolio. I am up about 3% on the trade but am watching closely for the $9.65 level to break. When it busts through, the stock will see a massive short squeeze to $12.00. What is so cool about this trade is that you can clearly see the trend line and why it is so important. The squeeze pivot trend...

jenny_rebekka

Mining for gold is what I do when I study stock charts. I look through 50 on the hope I hit one golden stock chart ready to make me thousands. I just discovered Charter Communications, Inc. (NASDAQ:CHTR). The stock chart is primed for a fall based on two different trend lines discovered, each converging on the current price. This signals a high priority short on...

jenny_rebekka

Shares AMZN are hammering on a breakout trend line. Any daily stock close above $777.00 will trigger the breakout to a target of $820.00. I have not bought yet, as I am looking to see where it closes today. I will be a buyer if Amazon closes above that master level. Note the stock chart below to see the trend line and obvious gap fill target. Everything with this...

jenny_rebekka

Most amateur investors and traders, even some pro investors and traders are missing out on the hugely bullish price action in shares of Chipotle Mexican Grill, Inc. (NYSE:CMG). There is a major pivot line established back in June 2016. The stock hammered on $385 multiple times showcasing how big of a level it was. Finally, in October Chipotle Mexican Grill broke...

jenny_rebekka

Shares of International Business Machines Corp. (NYSE:IBM) are on the verge of a sharp fall based on the stock hammering into not one, but two trend line resistance points. This can clearly be seen on the stock chart below and is a warning to investors to sell their long positions and maybe even short the stock into year end. January might be ugly for IBM. The...

jenny_rebekka

Over the last few days, shares of United States Steel Corporation (NYSE:X) have finally started to pull back. This coming after a surge from $17 to $39 in just over a month. That is a whopping 130% move in the stock. The stock has already fallen almost 13% off its recent highs, but investors should not be rushing to buy. Based on multiple calculations, the stock...