By no means has the sell off stopped; in the next few days, there should be another big drop; if we manage a move outside the blue resistance (top), then we will begin a new structure; however, it is likely that we will bounce straight down from it
CORT has very good ROA, ROE, ROI, P/E, no loans and the insiders purchased stock
You certainly should keep an eye on this when trading resumes Monday, the pattern is an indicator for a good move up. Although the breakout looks very good the volume hasn't increased at all which is a concern of course. But it looks good enough that although I'm not an accountant I checked out the 10-K; I think the company is in the black and they have...
CORT Head and shoulders still looking for support possibly down to the 12.60-11.80s level. Been a bloodbath.
1. Breakout over 6-Month base 2. Lack of over-average volume which signifies lack of interst. It may go down. 3. Watch out price action on lower timeframes to spot optimal entry point
RSI slowing starting to rise. Should have plenty of upside
02-01-2018 : pre-market activity pegs it above wave 1 top indicating start of wave 3. Graph illustrates possible playout. This stock is parabolic.
Demand zone 88.6 fibonacci Possible gap fill in a few weeks.
Yesterday the price close above the breakout line.
Strong uptrend. Uptrend is gainning speed! Nice reversal candles at a support zone
This is a very nice setup for swing trading. we have a strong uptrend with a correction coming in, if the past tells us the future. and after that we should see another long swing. So, take your positions, or do not. I am pretty sure the uptrend is broken soon and will end up in a correction, wich leads us to the next upward movement. Happy trading for you and...
CORT seems from a rising wedge formation. Moneyflow is forming divergence. Now we would consider a short if it reaches to its upper line around $13 mark. We think it has very good down side potential. * Trade Criteria * Date First Found- July 13, 2017 Pattern/Why- Potential rising wedge breakdown Entry Target Criteria- Rise to $12.87-13 Exit Target...
A wide bearish up-thrust has appeared on 13 Mar 2017 on very high volume, forming a bearish engulfing candlestick pattern.
Price target: US$9.43, US$9.89 Support: US$8.12
Basing near neckline of double bottom. Industry Biotechnology EPS due date N/a Horizontal S&R yes Channel S&R yes MA S&R yes >200ma yes Volume confirmation 2x Candle Confirmation yes Stoch Divergence yes Reg Trendline >85 88 bot on close today, and will add at $8