Price line dropped over $50 so far. Why did it drop so much? Institutions are selling PCLN shares. Why do you ask? They are selling PCLN shares because the company is due to report earnings on 11/7/2013 . After Close When earnings are announced this stock can move over $50 - $100 in one day. My play on this will be a long strangle. I will buy an out of the...
Short when price reach top of channel Long when price touch bottom of channel
SPY - Price action due for a down turn?
TSLA - Short Panic may ensue because of down grade and bad publicity.
SPY - Is this the bull trap channel? Always look like a rally, but no new highs... hmmm
Channel trade SPY in up or downtrend - Day Swing Trading Test
This seems very accurate so far as long as adjust channels. Long when breakout down channel. Short when break up channel in a confirmed channel breakout .
NAS100 - Channel Breaks Long or Short Draw channels when break price probably going in other direction is best best, instead of wondering if going up or down more. Test First Sunny.
NASDAQ 100 - Is it duplicating the same channel move to the left? Notice Channel resistance and new channel breakout.
Long - When price touch trend-line after ranging for a few days. Buy at price under trend-line if possible on daily chart.
When price have confirmed breakout of up or down trend channel. Go long or short.
Notice how price bounce of the channel
US30 - Price action look bearish. Long red candles on downtrend in channels to left
REGN - Short Price pulled back onto trend line Some pull back due after it's bullish surge to the top. Time to come down and take a breather.
Price went above the trend-line and used it as support for a week after major trend-line breakout. Now this bullish stock is experiencing long exhaustion. Nice big red candle and price going below the trend-line. I was short early on this stock because I wanted to anticipate the next move after breakout, so went short when saw the first red candle above the...
Gap City Baby! Watch how price act when need to get to the other side. Range then gap or gap right away. Very nice
Do you notice how price is moving in this channel? Do you notice how it bounce of the sides? Do you notice the direction of price depending on right or left channel bounce? Where do you think price will be tomorrow?
Price action touched trend line and pulled back. We may see another retest to the high side, but now going lower. Can't wait to see the price action near the hot potato trend-line. Price gapped down once went near the hot potato trend-line and price closed below the line as expected.