I reccomend taking longs in UAL at market price, it'll be a good addition to your portfolio here. Risk a new monthly low, and enter at market. We will trade around this core position in lower timeframes if doable. With oil sky high and about to turn down, I feel this is an ideal vehicle to profit from the incoming drop. Risk 0.5% on this entry for now. Check out...
We got the Hammer of Thor at a support. Very strong support, bullish divergence on the RSI . For anyone wanting shares or a bullish perspective longer term, this would be a stellar place.
Bear short term when we rally above $50 to sell down to sub $30. Sub $30 looking to get long targeting +$75. A. Bull range recoil ... that looking to short into recoil to 50% fib Range set 2007-2009 $2.70 - $51 End of 2014 broke north on range now in recoil phase with pull back projected sub $30 B. Bear range recoil ... looking for rally to sell into Range...
These are a few trades we shared at the KHL chatroom, I have shared the link in my previous posts. If you're interested in learning more about the methods used by Tim West, which I learned and apply in my own trading, contact me privately. I also offer a signals service, with more setups, for FX, equities, metals and oil for the most part. It's clear the market...
We have shared this entry in the KHL chatroom. You can still enter at market, or buy dips to the key level at 45. With oil possibly topping for the year, this can be an excellent trade. Props to Tim West and his Key Hidden Levels. I've come a long way thanks to his mentoring. Leave comments if you take the trade with me here (or if you've taken any of the ones I...
On the daily UAL formed a very nice retest of the EMA's and failure. Edge is bearish and the hourly formed a nice pennant today. Let's see if the trend continues.
If UAL opens in the green ranges, I'll be slightly bullish. In the purple ranges, more bearish.
(Note: DOWT is no longer in a bear market after rallying the last two weeks) 2015 was suppose to be just another year of the epic bull market created by reckless central banking policies. Some Wall Street estimates for the S&P 500 were as high as 2,300. Me? I projected a contraction to 1,810 in mid-January. Whether or not the SPX will reach my target within the...
$AAL is currently undervalued and has 2 bullish technical patterns. The fundamentals should support the bullish patterns particularly the break of the inverse head and shoulders when it happens.
After tailing off for 2015, United is not facing a major trendline as well as a key Fibonacci ratio. If United breaks out, look for it to break out from this regression channel. If we break the trend, we have plenty of support below.
5/17/15 Iron Condor: 70/67.5-55/52.5 IC June Exp. $0.40 limit. Currently trading between 100 and 200 SMA's.
This airline company found strong resistance zone at $48-$49. Bounced off it very agressively with gap down zone from $44 to $45 which is powerful sign that sellers keep control on price. From fundamental point of view there is tension in Iraq - one of the biggest supplier of Oil in the worls. Break in supplies leads to higher prices and then higher costs for...