NKE has cropped up quite frequently on our breakout lists lately. It doesn't have a very linear history (pullbacks tend to be too deep for most risk management structures).
But since breaking above the $80 mark it has offered several opportunities to buy. The October pullback was not too deep, remaining comfortably above the daily 50ma. Once price broke $90 NKE...
On yesterdays earnings announcement price gapped up on DLTR (with higher volume). This offers a good near-term opportunity to buy this stock for a quick profit. Ideally, it would've been nice to have seen a more bullish bar.
For longer-term opportunities this stock has trended well in the past, but since June 2012 the trend has not been able to re-established...
While other stocks have rallied this year, VFC has been in consolidation. Although this has lasted several months, the actual price range was fairly tight, sticking around the $60 mark. After breaking out in September price retested the top of the consolidation zone before continuing it's upward trend.
Yesterdays bar confirmed a bullish flag and price is now...
After the stock split earlier this year AAPL has become a much more affordable stock to trade. It was already in an established uptrend when the split occurred but stuttered around the 2012 high ($100.72).
As with many US stocks Apple was being to trend well when the market-wide October pullback slowed the trend. It also happened around the time Apple had begun...
UNP has been a profitable trending stock but, as with many other positions, the October pullback was too deep to justify remaining in the trade.
On the weekly chart the trend has remained pretty much intact since January 2012, even with the recent pullback. Price did not breach the 50ma, and only spiked below the 100 figure.
But on the daily chart the pullbacks...
On the weekly chart TRV looks to be in a fairly linear trend, but some of the pullbacks have been too deep and would have stopped most trend traders out of their long positions.
The more recent consolidation can be seen on the daily chart. Since earnings were announced price has risen quickly, breaking out of the consolidation zone and breaking through the figure...
ORLY has convincingly broken out of an 8 month range. Last week a bullish flag was confirmed on the weekly chart.
On the daily chart price gapped up on higher volume. Support is now around the 160 zone.
The gap was too soon to enter on a longer term strategy, due to the prolonged consolidation - it could have been a fakeout.
I will be waiting for a pullback...
Apple recently broke through resistance after a gap above $100. We are waiting for a continuation pattern before entering a position on this but the trend is certainly bullish.
Next Earnings is January 27th 2015 after market.
FDX is another one of our preferred trending stocks and has been discussed in our private forum a few times.
Price broke out of the regression trend channel almost 2 weeks ago and continued to trend upward. Yesterday price closed above the resistance level and this has now been placed onto our bullish watchlist.
Wewill wait for a chart pattern to set up any long...
The fact that NZD/USD has reached major Support line on weekly + EMA 200 (on tradingview EMA is much higher i dont know why? on two other platforms is EMA 200 supporting weekly NZD/USD here it shows like break, check on your charts).
Scenarios:
1. Here we can get agressive bearish 123 and retest of structure, it may be powerfull if it break that support ;) So...
A low test close on CHF/JPY presents an opportunity for a long position. Today's low test price bar has tested the 114.70 level and is likely to close above it as well as above the 50% retracement and the 20 ema. There is, adding to this setup, supportive hidden bullish divergence (trend continuation divergence). The Stochastic indicator is in oversold territory...
