Look for the early sell-off and wait for consolidation with volume to confirm a move.
A Few Factors to Consider
- overbought RSI
- low volume support end of day
- Price sitting right under HVN
- Well above VWAP and Weekly VWAP
If stock pushes past 22.05, prepare for massive sell-off wih a resurge. As always, use volume to confirm a push to the up or downside...
Looking for Cup and Handle Pattern: Buy in at LVN ($15.14 target) and push to $16+
- High RSI showing Overbought so caution on possible sell off
- Bounce off of VWAP with Volume Support good indicator that price may move further up
- Breakout after 10 Day Consolidation
- Expect early sell-off @ open with a quick buyback.
- If no cup and handle, expect sell off...
Monsanto news popped YTEN to heights no seen since July with profit taking the rest of the day into the close.
-Classic wedge formation forming at the end of day with low volume support.
-RSI sitting at around 50 so look for volume support before jumping into the long
-Nice bounce off of LVN
- Looking to push into old HVN and beyond to $7.50 barring any bad...
Bumpy road for BTC recently after 17K push.
Large sell-off now forming into macro and micro wedge formation.
Seller/Buyer indecision could push either way.
Look for Volume buildup on GDAX Level 2 to confirm a push!
The EURUSD is at previous support levels for the 3rd time creating a perfect "Bearish Shoulders Pattern"
Lack of Volume confirms buyer failure and a reaction as the price moves into a wedge pattern.
Price well above VWAP which indicates a pullback to the High Volume Node and previous support range
Thoughts?
Recent news forced a large sell-off but, will $VIAB resurge back to fair value?
RSI - Dipped to 27 before bulls took the reins pre-market
MACD - Showing bullish crossover trend @ open
The low volume is a troubling sign but I can bet that scanners everywhere are looking for a bullish return back to fair value. Keep an eye on it!
Thoughts????
It has crossed its old resistance point, no showing of MACD Sell Cross, realatively low to higher RSI is a concern but may remain bullish until 9am EST as people wake up.
New Support or Over-extended resistance?
Thoughts?
