Jrussell86

Jrussell86

Hammer candlestick on weekly, momentum going negative, might see retrace to 108 above support, but then should recover on good rally to continue pattern.

Jrussell86

PT: 22; Volume profile matches bowl or saucer pattern. you can see about half way through formation selling pressure decreases and demand higher. Should move faster now that we are in 25% of pattern completion. Initial PT 18, w/ mid intermediate-trend PT of 22. or a 43.5% increase from 15.33. Enjoy

Jrussell86

ACTG on watch completing diamond pattern, breakout out to upside PT $7 , a 57% increase . Due to positive fundamental reasons and positive weekly momentum it has better chance of breaking up.

Jrussell86 Updated 

Very Nice inverted complex HS forming since May, over 70% from breakout for target. Enjoy

Jrussell86

Hard to tell what chart is up to, possibly a right-angled broadening formation, but unfortunately we have negative momentum showing on multiple time frames. If .8 breaks looks like it could drop .5-.6

Jrussell86

Next major support at .68

Jrussell86

Breakout has been confirmed since closing above 3% of neckline (.291) at .3! Upside potential of 45% and an initial price target of .41 MACD also broke out of downtrend from NOV 2016, so more upside likely than inital target. New positive momementum restarted. Enjoy.

Jrussell86

If it closes at greater than 2.5-3% of neckline you can expect a price decrease of $1.00. ( Current Price = 1.3; Top head (2.2) - bottom shoulder neckline(.9) = 1.3 x .74 (constant of percentage of patterns meeting price target.) = 1. Price Target = 0.3

Jrussell86

Price Target .8-.63.

Jrussell86

looking promising to improve the daily

Jrussell86

MACD signal line about to cross above 0 on daily with at a steep angle.

Jrussell86

SRCI forming another right shoulder on Inverse HS.

Jrussell86

Inverse and H&S shoulder in play. wait for breakout, both would have large moves. volume profile matches tops better, macd monthly very positive, w/ weekly trending down and daily turning to negative squeeze momo.

Jrussell86

Expecting it to break upwards due to better formation and positive direction of MACD and positive squeeze/ momo w/ ~ 41% upside.

Jrussell86

I like Tractor Supply Co for long term, but waiting to buy as head and shoulders plays out. To get my short target I used Bulkowski's method, linked here: thepatternsite.com

Jrussell86

- Very Attractive at current price, even more so at target price. To get target I used Bulkowski's H&S tops method, here if you want to see thepatternsite.com - Currently undervalued by approximately 30-50% by DCF. - P/E ratio about 42% lower than industry average and 58% less than 5 yr history. - Officially losing Anthem would probably take it to target if not...