In a clear weekly demand Zone, and the value of the stock is less than book value.
Potential beginning of a Bear Major Trend Reversal. Earlier Bull Trend began in August, the bears tested fairly strong below the exponential moving average (20) for the first leg down and break of the bull trend. After the bear test, the bulls retest back up creating a new swing high (wedge top- 3 pushes up.). This might be considered a 40% probability trade, but...
I'm starting to look at stocks and ETFs more, and I figured I would start with something popular like FB. This is a scaled in short on the hourly. There is a wide swinging convergent pennant forming, and the bulls are nearing the resistance slope. It's likely there will be profit takers and bears waiting to sell near that area. Since this entry is early, it is not...
Clearly the book value is at $126 per share. THe stock prices is at 3.50. Its a buy blindly.
In a Huge demand zone, less than the book value. Perfect buying price
Technically Speaking CVX is holding the $100ish pivot level. The longer it holds the more likely the next move will be to the upside. Fundamentals Here is a company summary. What to do? First, is this a trade or a long-term holding? What is YOUR time frame? You have to decide. The R/R favors the long side, in my opinion. A long position here, stopping...
The Price of this stock is less than the book value, and commodity prices are increasing.
SHORT Stock $TWTR because of 50% Fibonacci level on the daily/Weekly, channel resistance , and also I will be looking for the huge gap to fill. I will not be surprised if this continues up, and if so, I will be looking for the 61.8 Level and/or near a whole number for a potential reversal.
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Entry at 0.96, looking to get out around 1.05-1.15 for the 10-20% Return Intuition never ever wrong
// Long Term/ Swing Trade