$EDU has tested and failed at the $108 level for the 3x in 20 months. Short-term price action has confirmed a break in the immediate trend. This is a company which has sacrificed margins for earnings growth. Earnings growth is at +1 standard deviation while operating margins have crashed from 22.5% (end 2009) to a miserable 8.9%, at -2 standard deviation...
DO NOT MAKE ANY TRADES BASED ON THIS IDEA. DYOR! hey guys. as we see BTC fails to break the triangle once again and goes to support zone. In my opinion i think with RED Strategy BTC will fall to 5800-5600 support zone and then bounce back to the hypotenuse of the triangle. if it succeed we go to BLUE strategy and a bounce to mid support zone is expected and then...
Support and resistance levels are critical in financial markets. They are very similar to pivot points, except simpler. When the price of a pair goes up to $10,000 and goes down to $9000 USD, that $10,000 USD zone is now resistance. If it bounces from $9000 and up to $11,000, the $9000 level is now support and the $10,000 resistance is now broken and could...
chinese names have been hot lately I entered at 53 because of the enormous resistance level (top trend line). and strong support(bottom trend line). It's just been beasting and i wouldnt recommend buying after such a big move. Don't need excess indicators ke NYSE:EDU ep it simple.
EDU broken down from a long term upward channel.Retested it & seems rolling over. We think it will be good short from here. Trade Criteria Entry Target Criteria- Break of $41.57 Exit Target Criteria- $37.33 Stop Loss Criteria- $43.13 Option: $40 Apr-17 Puts You can check detailed analysis on EDU in the trading room/ Executive summary link...
Based on the slope of the first down wave, there must be another one coming soon. Waiting for a better entry.
EDU expected to open at 22.00 for a Retest Gap. To learn this strategy for free go to www.RealLifeTrading.com
Last summer I was learning about Stock Screeners and was playing around with the tool. I had inputted some very difficult ranges for several evaluation categories. I followed the stock for a little while and then gave up, only now following up. Missed Opportunity as it was a strick set of criteria (almost impossible) I had inputted into the screener. I...