I think $GOOG is bullish here. Waiting for a close over 897.75 should allow MACD to cross bullishly, confirming the trade. Target is 920
There is some sort of wedge/flag/pennant forming. I'd expect strong volume on the breakout in either direction.
So i know there was this huge sell off, we're oversold and we could stabilize, but I sure as heck am not going to catch a falling knife. 15min into the day tomorrow, if it's heading down I'm riding it short to 61.60. After that I'll wait to see if there is a bounce or not. stocksncash.wordpress.com
Near term this stock has a ton of bearish momentum, but oscillators are showing that the stock is oversold. I wouldn't worry about the stock unless/until it falls below 12.11.
Please note that I am just marking some support levels *IF* and only if we get a close below 1597 on SPX. There is certainly the option to bounce from this short term double bottom. stocksncash.wordpress.com
I really like this first target of 160. I may even get in at 166 instead of waiting for 165. I just want a close below the 100 MA
Waiting for a close below 29.93 and then this bear is in!
Will it be bullish or bearish? I think a bullish move would be easier to play so that is what I'm hoping for. For now, neutral.
The description speaks for itself. We had 3 very similar candle patterns over the last 2 bullish moves including the low volume day. I think we are going higher!
I think AAPL is bearish. It just broke out of a trend line and has some room to move down to 430 and then pretty solid support at 416. If that is broken, 386 is the next stop.
So technically we are still neutral to bearish on the SPY, however with the move at the end of the day and the volume that occurred, I see us bouncing and moving up higher tomorrow and ultimately continuing the bullish trend. We had support of a trend line, a support line and a 50 MA. All that being said, there is still the possibility that we retest and break...
No idea which direction, but it could be strong in either direction.
We are below all MAs, and just closed below the 200 SMA. First target is 49.54.
Again, the title says it all. Oscillators are supporting the move. This one looks nice short.
Well it says it all in the title. This guy looks to be continuing the bearish move. We are below all MAs.
With the Long Term Descending Triangle and Short Term Double Top, I think we are good to short at 67.17. I like this trade.
This thing finally broke support at 70. I think this is for sure a get in after confirmation in the morning on a continued bearish move. The only thing that worries me a bit is the oversold oscillators.