I'm long the 31 February calls of GE, I do have the positive expectancy that the stock will bounce from the Yearly Pivot of 31 area, and move 35 area. we'll see in the upcoming days if the 31 pivot point will hold and an upside breakout will occur. anybody following this idea, should place stops on the 30-31 area.
Here's a classic breakout situation. We have price channeling for the past few years. However we do have a highly anticipated earnings report coming out soon. Mayne this earning report can take this stock To new highs? Why I am Long on GM: - New Cruz Hatchback just came out which will take car/ hatch marketshare. - Corvettes numbers are solid. - Camaro new...
Price direction on a 1D chart is down, as new lower low and lower high appeared (Price direction is not the same as a trend direction) Yesterday's close is below 5MA what gives a bit more power to bearish signals Currently none of the major chart patterns appears (1D Chart) Price is currently at 76.4% Fibonacci retracement area in a relation to Previous...
Price direction on a 1D chart is down, as new lower low and lower high appeared (Price direction is not the same as a trend direction) Yesterday's close is below 5MA what gives a bit more power to bearish signals We have a bullish chart pattern (1D Chart) Price is currently at 61.8% Fibonacci retracement area in a relation to Previous swing UP Will look...
Indeterminate direction of price as no clear signs has been given by the last day closure. Yesterday's close is below 5MA what gives a bit more power to bearish signals Currently none of the major chart patterns appears (1D Chart) Price is currently at 50% Fibonacci retracement area in a relation to Previous swing UP Will look for a bullish mid-term...
Indeterminate direction of price as no clear signs has been given by the last day closure. Yesterday's close is above 5MA what gives a bit more power to bullish signals We have a bullish chart pattern (1D Chart) Divergence on a daily chart with a current oscillator confirms the reversal pattern, what gives support to momentum traders, and can possibly give a...
Indeterminate direction of price as no clear signs has been given by the last day closure. Yesterday's close is above 5MA what gives a bit more power to bullish signals Currently none of the major chart patterns appears (1D Chart) Price is currently at 76.4% Fibonacci retracement area in a relation to 1D Chart Will look for a bearish mid-term entry...
To me Exxon LONG-TERM chart doesn't look that friendly if you are going to be on the long side. Although it is close to a first support area and a rebound may look possible, I would still stay on the short whenever the price is going to retest the broken trendline (if it will happen). Looking at the shorter time-frame and we can feel some positive...
On long term basis General Electric trades in are of long term means (above 5-year mean at 22.5 and above 10-year mean at 24.5) Thus we can say that there are no current trends on long term basis. On short term basis price has returned within upper 1st standard deviations from 1-year and quarterly mean - which are approximately at the same level and are aligned...
Market did not hold on the opening on the upper trendline so no trade opportunity
i think like this , in that price in that TIME
Huge sell of in GENE will occur until it turns into a dip buy play