The stock has made a double top and break the point of reboot. Target price at 88.37
There is a 5-0 harmonic pattern and the end of the B segmento of the Eliot wave theory. So, i m buying in the last support. With my entry 83.43 and my stop is at 880.88 , and my first target is at 85.44 and the second target 87.32.
Take care & analyzed it again - it`s always your decision ... (for a bigger picture zoom the chart) This is only a trading capability - no recommendation !!! Buying/Selling or even only watching is always your own responsibility ... DOW Index & all 30 DOW Shares (MA 100 & 200 inside bullish) @ drive.google.com Best regards Aaron
Indicator projection and upper stress line = 1 st long short target point around 79.5 in 3 months (62 bars)
P&G, gonig to challenge resistance soon
Prices lack momentum on its northward journey which can be seen in RSI that indicates a negative divergence in the trend. Prices anyway are hovering around its upper band of channel which itself is a resistance zone where a bearish candlestick pattern called 'Dark Cloud Cover' can be observed. Thus, current levels can be seen as an opportunity to go short for the...
Of the 18 manufacturing industries, six are reporting growth in August in the following order: Printing & Related Support Activities; Nonmetallic Mineral Products; Computer & Electronic Products; Miscellaneous Manufacturing; Food, Beverage & Tobacco Products; and Chemical Products. The 11 industries reporting contraction in August — listed in order — are:...
Looking to enter $PG as it continues to breakout on 3 month price highs. It has been a solid company in a sustained up trend on many time frames.
Tendencia lateral que se mantuvo desde enero hasta junio, rompiendo al alza
El día 16/07/2015 el precio de PG comenzó a formar un patrón de cuña descendente el cual se encuentra en desarrollo hasta el día de hoy. Decimos que es "descendente" puesto que el precio venía de una tendencia bajista. Velas de 1 día.
The trend is our friend? Let`s see, if the yesterdays Breakout is the starting Signal for a new buying-wave. TP could be 90$! If you like it - like it!