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When doing my sector research, I noticed that the stochastic levels were decreasing. I like levels under 50% and this is currently at 24% today. The put to call ratio is under 1 sitting at 0.92 post-market which indicates that there are a tad bit more puts that were closed today versus yesterday which indicates that more calls are slowly entering the market. The...
Seems like XLF has been taking a brief dip. with a stochastic under 50% currently 44% I wanted to find a reasonable company that was near or at a support level on the daily, 4 hour, and 1 hour time frames. Citigroup seems like a good deal to me. The rsi and the mac d both match on those three aforementioned time frames and I was waiting for some bullish candles...
I like Atnt even though their annuals financials are shaky. I love the acquisition of DISCA which will take effect next year. Atnt is at or near a strong support and I like the variety of things Atnt is involved with. I feel that they are making noise behind the curtain and is also claimed to be popularly known as a defensive stock. Stochastic is at support on the...
Looks like the XLC is down today when compared to yesterday. Went from a 90% stochastic to currently 79% around noon today. I've been watching sector for the past couple of weeks. In my opinion, this company has reasonable financials with a quality product and consistent customer base. I noticed that price was at a support a few days ago and entered a debit...
I wanted to make sure the Daily, 4 hour, and the 1 hour timeframe matched. The RSI needs to be oversold and the Mac D needs to be green on all time frames. This ticker has solid financials but took a covid hit in 2019 and seems to be improving within the last 3 to 4 quarters! I always want to make sue that my hard earned money is being invested into companies...
I chose this ticker mainly due to XLF reaching under the 50% stochastic zone (Currently 44%). The previous day was at 61%. This told me that I could possibly find a support on a stock within the sector. It just so happens that the IWM (Russell 2k) dipped down to 28%. During the middle to end of May the highs touched near the resistance price of $43 about three...
The reason I chose this ticker is due to the fact that XLB (basic materials sector) has fell under 50% stochastic currently sitting at 36%. Since Dec of '20, price has reached near the high of $120 about 4 times. It seems like price is currently testing support and is near a strong support. My daily, 4 hour, and 1 hour time frame matches with the RSI being...
What do you think? There is some consolidation going at support #1. I want to see a breakout above the 50 MA on a smaller time frame at a support. I think this still has more time to fall more.
What do you think? I always want to see how cheap we can get a stock.
What do you think? I believe this is a solid company. I want to see how low this can go before entry. Definitely has an implication to society.
What do you think? I purchased 1 share today in the midst of the red sea. I plan on averaging down down the line if price starts falling towards support #2.
What do you think? Not sure if ready just yet. However, let's watch to see how cheap we can get it.