Bearish divergence on the RSI and MACD preceded the recent fall in price. Double bottom may or may not be significant here, as the last impulse down is likely related to stock market crash fears. In Dec 18 and May 19 we saw the highest selling volume since Jan 11.
RADA looks to be forming cup and handle pattern on daily chart. Looks to have already completed 1st and second wave in uptrend (2 of 5), which also filled a previous gap. This stock seems to be flying under the radar ; ) Please Like and Follow so I can continue finding trade setups. Thank you in advance =) Check me out on Instagram or Twitter ...
One area investors and traders should take a look at is the Aerospace and Defense industry ($XAR as proxy), which is currently the best performing industry year-to-date (as of July 5th), generating 28.59%. On a technical basis, $XAR is trading above all three EMAs, indicating strong price action at the moment. Further, its RSI as been steadily trending higher...
KTOS has had a huge run lately and sometimes its good to ring the register. To watch for future defense contracts for Kratos, check out this site. Technicals: Pattern suggests KTOS has ran its 5-wave sequence. Rising wedge suggests a pullback incoming upside potential $26. watch for sharp selloff if this is the case. on a pullback, support levels...
The chart speaks for itself. I'm glad I went long when I did. The rise of Gold, Silver, and yes Bitcoin, is a sign of a failing fiat currency system. Think about it. (My Previous SLV post)
Is anybody into precious metals? I am. I have been for years. I just put on some SLV today. The double bottom on the weekly and the falling wedge looks like it's time to go long. Normally I may not even bother because it has been such a slow mover for quite some time but as the stock markets continue to deteriorate and crypto continues to climb I think it is...
BTC/USD chart on coinbase doesn't look good. I would expecting a double bottom to form around 3.4k level or continuation to 1.7k. Defense is the best offense. Blue triangle indicates the current range. Green box is buy. Red box is sell. Blue line indicates potential support/resistance . Red line indicates t/p. This is a log chart. This is not financial...
Played around with the fib channels on the largest time frame I could find on TV and guess what, it does not look good from here. This chart is telling me to short until 1.5k. The tether news is causing a lot of speculation. This is exactly the time not to try to make assumptions of what might be going on, in terms of the news, and instead check your chart to make...
If this fib line does not hold I would expect further downside, doesn't look great for ONT here. Blue triangle indicates the current range. This is a log chart. This is not financial advice. All charts shown on my page, including this one, are just for fun. If you enjoy my ideas please give this post a like and follow my page if you would like to see future...
Target 1: 110 Target 2: 80 Blue triangle indicates the current range. Red box is sell. Red lines indicates t/p. This is a log chart. This is not financial advice. All charts shown on my page, including this one, are just for fun. If you enjoy my ideas please give this post a like and follow my page if you would like to see future posts! :)
One name that I think looks really attractive or scary depending on the way you look at it is BA., this defence giant since posting a new high in July 2018 has embarked on a decent steep enough to give the most ardent roller coaster enthusiast week knees. After the massive move down the stock finally found some support at 450 before a brief bounce and is now...
What's not to love. Buying into telecom/cellular, defense tech, big data processing with equal sectors. Self-driving cars will need, but market still extremely small. 5 yrs. from now, not so much. Buy and hold. Won patent suit in 2017 to protect GaN chips, which run 80-100x faster than silicone chips and they can make them for same cost. STM needed to...
Shares of ARTX look interesting as a speculative play for longer-term investors. The company is in the fields of drones and virtual reality, with recent contract wins with the US military. At 3 dollars and change, it's a cheap way to play on the long-term growth in those areas, which are bound to see strong growth for some time. Immediate support lies at...
The last time I published an idea on Lockheed, I had a price target of $360. That target was hit very briefly before a massive Defense sell-off. BA, LMT, NOC, RTN all announced earnings recently and were all hit hard. LMT is approaching oversold territory (some may argue that it is already in) according to RSI - something we've not seen since the end of 2016....
LMT really took off (pun intended) in the days leading up to and following their last earnings report, only to return to the landing strip again before taking another shot at $360. It is now back to home base and looks to be refueling before trying $360 again. On Friday, LMT scored a sizeable contract with the USAF for training support, and with no shortage of...
Nations and states won't stop fighting and will always need security, so defense stocks are always an intriguing sector. But let's focus on the short-term. Raytheon has been hit hard with some bad news. Despite reporting good earnings on April 26, easing Korean tensions and anticipated delays on big deals for Raytheon's technology are among some of the...
It would only be safe to assume that CGY it is going to test ~32.40 again at the 0.5 Fibonacci retrace for confirmation. There is some seriously heavy resistance, indicated by the dashed red line at this mark though. If it can hold above for a few bars, I do believe that there is some buyer conviction coming through. but we will see where we end up after today's...
With the mess in NK still creating market tension. This could be a possible trade on ITA that could play out due to the speculation of war. Follow for more trade ideas including stocks, options, and cryptos! Feel free to comment if you have any input or a subsequent chart contrasting my analysis. Thnx.