JoeFlahive

JoeFlahive Updated 

It's clear to see that some of the colossal swings in this name are.......well, cyclical I came across this a few years ago before I started to trade names like PCLN and I was quite astonished by this pattern. The next cycle date in January 2018 so I'll be trading this again, long or short depending on the conditions at the time. Obviously you'd only trade off...

JoeFlahive

Obviously this is a daily head and shoulders pattern. A likely outcome at this stage....but never a certainty! ;) Trade with care

JoeFlahive Updated 

Trade with care!

JoeFlahive Updated 

This is a short term forecast. I expect the DAX to climb higher and take out the 2015 highs later at some stage. Trade with your own proven strategy! Abide by your stops!

JoeFlahive

Keep an eye on this pattern. The IWM needs to break the consolidation pattern in order to move higher. Watch for break and trade with care. I am taking a neutral stance until next week.

JoeFlahive Updated 

Trade with care and use a proven strategy.

JoeFlahive Updated 

Trade not active yet. Just looking to see how we close today but will most likely take the trade into the close or tomorrow morning at the open.

JoeFlahive Updated 

The October fakeout has brought this pair back to reality. We now have a nice bearish flag consolidating below major resistance. Straight forward but as always trade with care!

JoeFlahive

NVDA has had a massive up move today on good volume - you have to respect the move. But here once more we see a sell coming in on good volume also. Will we see another sell down to 89 area? Time will certainly tell but I have to believe this is coming down!

JoeFlahive Updated 

I like the possibility for another bounce here. Tight stop. Trade with care and only with money you can afford to lose!

JoeFlahive Updated 

Watch for pattern. Trade with care!

JoeFlahive Updated 

Wait for pattern.

JoeFlahive Updated 

I was looking at GPRO last night, and this is kinda how GPRO saw it's final leg up. Pull back and then a pierce above the recent high, followed by an intense sell. We shall see.....

JoeFlahive

Just thought I'd post this comparison. Higher highs, higher lows, towards the end of the year and extended.

JoeFlahive

Looks like the weekly flag played out nicely. Any bulls may want to take some profits here though. Nice move overall so you've got to give some respect to more upside but I expect this 618 to piece and then pull back. I'll assess for more clues over the next few weeks.

JoeFlahive Updated 

Among many other names today someone wanted out at the close causing a bit of an unexpected sell in the final 10mins of the day. NVDA has broken 2 key trend lines here so I'll be watching this closely tomorrow.

JoeFlahive Updated 

I am watching this area closely on the IWM. IWM has been leading the major indices since the election.

JoeFlahive Updated 

I'm not normally one for pointing out patterns before they're close to trigger, but this ASX (XJO, AUS200 whichever you follow) has a beautiful H&S pattern emerging having now made a distinct lower high from the 5600 area. It will be interesting to see how it handles the overhead resistance this week but I'll be watching this like a hawk if we see further downside...