Rally to 2day VWAP, fail and short on the way down below 1day VWAP.
Williams Trader loving this one suddenly manage your own risk much love gl hf xoxo snoop
NYSE:HUN Let it test the support around 20.45 area, come back up and short on the way down, as I've drawn on the chart. Please like and comment if you like my ideas. THANK YOU!!! Please note that this information is not a recommendation to buy or sell. It is to be used for educational purposes only.
A descending triangle formed on HUN's hourly time frame. Looking for break lower as the weekly and daily charts are both bearish based on price trading below 50/200 MAs.
Bottomed out on support. Will run again above 32.60. Will bounce off of all time high and retest before making its next breakout. Bonus points: I think it will track along the yellow diagonal once it breaks past the downward gray diaganol.
You know the drill. Back up the truck time...
HUN is breaking down an upward channel. Moneyflow declined very sharp & it some some insider selling as well. We think it will decline further & we would consider it as a momentum short from $23.93 * Trade Criteria * Date First Found- May 30, 2017 Pattern/Why- Upward channel breakdown short Entry Target Criteria- Break of $23.93 Exit Target Criteria- 1st...
Set for a rebound (not likely today, though).
HUN has been showing strong momentum recently but has pulled back sharply in the last couple trading sessions. Sellers should be exhausted at this level and i expect price to see some support here. Use a stop to control risk! Entry: $25.06 Stop: $24.48 Target 1: $27