Please refer to chart, yes it is Put option time and/or selling time. Don't fight chart or you will be run over by the trading train. $32 looks like support.
We saw that FE earnings has growth in minus teritory. We hope FE management keep doing good things on this company. We going long for this stock.
FE, I went all out on this one but I figured it was an interesting setup, still learning. Price Target: 33.00 Stop Loss: 29.80 Time Frame: 2nd of Feb
Price is testing resistance at the top, but considering the development of the wedge, it could go another leg down. Anyway if you are on the short side it is a great r:r bet...
FE broke to the upside but was unable to Hold Market profile breakout pattern. Looks lie it will head back down. Risk reward is about 3 to 1
At 145.28 resistance zone, seems like a Wave 2 retracement. Waiting for bullish candle/pennant breakout for Wave 3 confirmation, or resistance zone accumulation for a BUY.
While price action drooped a lot in the past few days the basic structure of the cup and handle is still in play. I am waiting for a break above res. at $36.50 with strong volume for confirmation before going long.
We can argue the upper trend line. I see two clear touches and a near miss. Never-the-less this has been turning over since July and coiling inside a symmetrical triangle. I see pretty clear indications of market makers (MM) and Insider activity in the price volume dynamics, indicated by flags. I still would have liked to see that 2nd confirmation on the upper...