#TLW Tullow Oil technicals.
been holding this since march - i smell a breakout coming very soon. hit $40 on june 9th and i was too greedy to take partial profits then. dont play yourself like i did! Oil fundamentals starting to slowly look better but not out of the woods yet. Can see a strong breakout beginning to form. sky could be the limit, $28-$30 area...
I expect the descending triangle resistance line will break on the next test, which will give Galliford Try a slight boost - most likely to around 177.62 initially
Galliford Try has recently landed several large contracts which will help on its recovery and help break future resistance lines. For now this stock looks very undervalued and has great growth potential!
After losing 67% from all time highs. The stock is showing promising potential for reversal.
Inverse H&S pattern with divergence and a clean break of the down trend line. Now just above the 200SMA.
1st target is to close the gap.
Facebook has all the classifications of a Primed Traders sell signal... a contraction leading to a key DC resistance supported by a over-bought RSI.
All the necessary details are in the chart. The trade has been executed on our Shares only account:
- 50 shares sold at 208.14 price
We will update as price moves,
This is a rare and exciting example of a bubble that popped.
Testing the theory that the best time to buy is when there's blood in the streets, would anybody buy this stock now?
Well I don't imagine many people would buy now. I'm not tellin' what I'm doing!
This is not a recommendation to trade securities. If you take a position and lose your money, kindly...