Bitcoin_Altcoin

Bitcoin_Altcoin

After months of consolidation and the formation of a classic cup and handle chat pattern Bitcoin again is in full bull mode. Today's push above the resistance at 5000 is another bullish sign. Look for some consolidation around the 5000 before another shoot up. I have marked other resistance areas on the chart. If you are new to trading Bitcoin I would recommend...

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After a triple top around $190 PANW dropped down to $110. Though PANW reported a loss for earnings on 2/25/16 they beat expectation and the stock rallied to the $152 resistance level. Since then price has created an almost perfect bull flag. If price continues to rally and defiantly break through the $152 resistance, I expect next stop to be in the $170area....

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Has OKE hit bottom? Will it finally break out of the $19-$26 range it has been trading in since December? Stock RSI says back down. OKE heavily trades with oil. I think a mini correction is coming in the oil markets, and I think that OKE will revert back to its range. Of course set your stop loss tight, b/c if this goes the other way it could be one heck of a rally.

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Bullish divergence ont he RSI and MACD for the daily amazon chart indicate that this recent upswing may not be over. Look for price to pop to the $600 level resistance in the short term

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Bullish divergence in Macd, RSI, and StockRSI, all indicate that at least for now the selling of Fitbit shares might be nearing an end.

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Strong earnings on 2/5/16 helped form the head of this possible inverted head and shoulders. Watch for the neckline at $67.50 to hold as support. If it does price will likely retest resistance at ~$79.

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Bullish MACD and RSI divergence may have fueled the resent surge from $25-$37 in Criteo's price. However, the price has formed a nice bull flag and likely will continue to rise. I expect a test in the $44-$42 range.

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The price of Carter's stock recently soared after reporting strong earnings on 2/25/16. Watch the 100 level. If that previous resistance turns into support, price will likely rise again and retest the 106-110 area. However, if support does not materialize at 100 look for a retest of 88-84.

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Bullish Divergence seen on MACD, RSI, and Stock RSI, indicate that this recent fall of COP stock is soon nearing. There is not clear divergence on the weekly chart, only the daily. So I am not expecting this rally to be a complete trend reversal, however, there is ample room to go up a bit to correct for this recent sell off.

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It looks like we have an inverse head and shoulders on the hourly chart for SPY. Ideally we would need to see more volume to confirm. The price already broke through the neckline and old resistance at 1945. Target is 1975-2000 range as that would be around the same percentage as the head and is a spot where we have seen previous resistance.

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After beating the estimates for loss this quarter Macys broke above the neckline on a reverse Head and Shoulder. The head and shoulder is a pattern that indicates a strong reversal. The volume of trades that accompanied the overall H&S shape confirmed the break out. I see a rise to a recent level of resistance around $50. This would also be a %17 rise which is the...

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This looks like it could be a gigantic cup and handle forming for Coca Cola. The top from 1998 ($44) was recently hit again forming the cup. Right now some consolidation is happening and forming the handle. The handle looks kind of sloppy to my, but regardless, if this breaks up above and has high volume $45 I see a %50 - %100 rise playing out .

Bitcoin_Altcoin

This looks like it could be a gigantic cup and handle forming for Coca Cola. The top from 1998 ($44) was recently hit again forming the cup. Right now some consolidation is happening and forming the handle. The handle looks kind of sloppy to my, but regardless, if this break up above $45 I see a %50 - %100 rise playing out .

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A head and shoulders pattern is emerging for YHOO. With general sentiment on wall street negative for te CEOs new changes expect Yahoo to drop considerably after price drops past the neckline. I am expecting to find some historic support around the $11-$8 range www.thestreet.com

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MA is currently oversold and at the bottom of a channel. It has been trading in this channel since early 2014. Additionally there is bullish divergence in between the Stoch RSI an current candle price. All factors indicate now would be a good place to buy Mastercard.

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A head and shoulders pattern has emerged on AMZN. Similar to the H&S patterns found in other equities and indices this patterns represents a market reversal. Though the pattern is more clear when viewed on a the daily chart, I used the weekly to show how the targets of support lines (dotted white), match up with the long term trend line (solid white) as well as...

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Head and Shoulders pattern is one of the most reliable indications of a market reversals. This patterns has been appearing across numerous equities and indexes. First target is at resistance area of $116

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Adobe has been in an upward channel since Septemebr 2013. Though overall stock market has been volitional the channel thus far remains intact. As long as the bottom support line holds up it looks like ADBE will continue to rise.