Bulls are tracing the upward trend after deep trough. Centered oscillators above 60%.
Cytokintics looks great for a follow through on expansion breakout made a 2 month new high on surging volume due to being listed on the s&p smallcap 600 with last closing day being the largest in its range of the last 7-9 trading days. Buy stop in just above the breakout high with 1day expiry. This stock is also undervalued, leading its peers with good...
CYTK has broken the uptrend on 4h chart and now it's bouncing. I'm expecting a test on the breakout area before a new wave down. Let's see how it develops.
CYTK has formed a top and it's grinding up closer, starting to consolidate. I'll be watching for the breakout over the resistance, with an exit if it breaks under the trend line.
Interesting shoulder level matching perfectly with 50% retrace fib levels. Perfect symmetry. Keep an eye on the neckline, if brake - sell.
Early buyer take this, confirmation @ 7.22 WE play MOMO STOP 6:00 Targets: rolling
Or is it just the start of the slide?
Friends, Possible long from this level, using divergances as my justification, purely because I like to keep in practice with strategies, even ones like this, that I don't even use. Hidden divergence in multiple momentum indicators, giving us an opportunity to buy off a dynamic support and a nice set of candlestick signals. The lower open and buybacks today,...
Friends, Looking to go short if we open lower, the resistance level is looking nice... Yesterdays candle showed sellers continued enthusiasm to go short in this stock because the upside was completely rejected, giving us a low wave rejection candle into the resistance again, verifying its integrity. This stock has been known to be volatile. Regards Tom