CVX has a rising wedge that targets 104.2 Good Luck!
BAC is about to retrace to 18.2. Sell on Breakout. Good Luck!
Daily head and shoulders formed - missed short at 4810 (right shoulder 61.8% retracement) |Missed Short: 4810 |Stop (Over Head): 4917 |Target: 4400 | Looking to take a short entry on an hourly pullback next week. TECHNICAL: - Head and Shoulders (right shoulder entry missed) - Flat Neckline - Expecting sell off to test neckline at 4650 - 20MA crossed under...
FB broke out of a rising wedge and targeting 110. Cheers!
Bearish Harmonic pattern, decreasing MA's, lower highs/lows, oil optimism, close below long term .381 retracement ( no support from .5), am i forgetting anything? Be careful friends.
Stochastic is beginning to look bearish as well.
The gap up and lack of follow through on the close has a pretty good track record recently of signaling further short-term (day to 2) downside. While NDX spent most of the day in strong price territory, when the big boys came out to play late in the day price couldn't hold. 4 recent pump and fades have resulted in lower immediate pricing.
$NAS100 Completes ABCD advance and nears channel resis /time cyc. Build short position on Friday open slowly into next week
$nasdaq100 LT and ST regression channels calls for caution . Selling with stop above april highs if it turns down next week
8-15 You tell me, are we closer to support or resistance here. Next question, for support buyers where is support. I ask because its all you need to know. Kinda reminds me of the NASDAQ 100 index here as well as TSLA