IBM - Downtrend Channel - Watch Price Bounce In Accumulation
IBM - Downtrend Channel - Watch Price Bounce In Accumulation
TSLA Bouncing off sides of down channel. Can Price escape. lol :)
SPY - Price touched the trend-line and was Rejected. Price may fight to go back up but will definitely have pullback. Evening star reversal. Bearish engulfing and pullback confirmed on Friday
Long Strangle - Earnings Play- Wednesday, November 06, 2013
FSLR - Channel Breakout - Expecting earnings soon. Not good to be long when earnings announce or is it?
Stealth Buying in PCLN - Stock was dumped to make investors sell and now being accumulated. Earnings are reported on Nov 7 after the close. Why are they accumulating before earnings. hmmmm - Risky to stay long before earnings. Just letting you know price action. Most likely stock will continue up before earnings reported. Price can change price action direction.
FB - Channel Price Action - Price is moving nicely in an uptrend channel and bouncing of upper and lower lines. Very nice.
IWM Bullish trend-line break out. Is it going higher?
Alert - SPY is getting close to the trend-line. Price normally change direction on trend line touch. 4th Attempt to go above resistance, we can breakout too. Monday will be an exciting day.
Is this a new SPY Channel we can play with?
Notice how price react to the inner "hot potato trend line. When crossing trend line price like to gap up in up trend or down in down trend. Let's see if price eventually gap up over the line. Have been able to predict gap up and down 2 times so far. Is the third time going to play out. Price usually range then gap
Is this the new SPY channel. Let's wait and see. May need to tweak depending on price action
GOOG is due to report earnings on Q3 Earnings Conference Call October 17, 2013 1:30 PM PT / 4:30 PM ET Price swing avg $30 - $40. Long Strangle Play here. Warning: High premiums are added to options closer to announcement date. Make sure not over paying.
Long - Price went below trend-line and bounced. Sorry I did not post this chart sooner. If you was following my other charts you would have known to long 4 days ago once price went under trend-line. Try and wait for pullback first. 21 days ago a call was made to short this stock and we discussed when to go long on this chart. ---->
SPY- Is the trend coming to an end For Day traders only - Otherwise ignore.
Just wanted to let you to be able to Identify Institutional Buying on your chart. Do not go long. Price will drop like a rock. You can see on all chart time frames. Pattern price surge then drop like a rock.