Leveraged so can go up a lot in a short time but can turn on you in a heart beat! AB leg is often used to caculate targets..lenth of AB leg is added to long entry level using FIB levels. Long entry level is subjective but is when price breaks the BC leg in a clear uptrend. Not a recommendation No rising wedges in yearly chart noted Yearly low is 30.10 (wish i...
LEVERAGED Volatile!!! Not far from break out Leverage can be dangerous especially if you hold on to it. This can move up and down $10 a day or more. I see the strong support at 120ish. I would think a stop on this would be difficult. But we are all different I am wondering if things get back to the way they were after the election is over, if robotics will...
www.chinadaily.com.cn www.direxion.com When viewing buying opportunity, I look at a few things, one of which is how much emphasis is the government paying attention to this sector and the grant/budget being allocated to it. Next and more importantly, I study the chart and see if the price action is aligned with it as well. Please do your own due diligence and...
Looks like it could run some more from here.
Made a bit more upside movement this week, looks like it could pull back a bit this week. Still good buy volume on it.
Looks like plenty of buy volume to push this even further.
Bounce off that IH&S from last week, let's see how much more momentum it has.
This will be one to watch closely.