Why I like this stock: The stock bounced at a very strong support line. There was a complete change of emotions today, a change of power. ( The bears had control last week and were in power but today with a gap up and with a close for a positive day, the bulls are now in control and have the power. A lot of bears are starting to wonder if the should exit tomorow...
I like this stock because: Nice breakout of an ascending triangle. Very strong candle with good volume. When you see that the stock is consolidating for weeks with low volume and then you see a nice strong candle with good volume that broke a pattern , this is normally a good sign on the upside. There is a good potential for that stock to go higher.
Hey guys, these are my thoughts on fedex: Stock bouced at a very strong support. There was a complete change of emotions today, a change of power. ( The bears had control last week and were in power but today with a gap up and with a close for a positive day, the bulls are now in control and have the power. A lot of bears are starting to wonder if the should exit...
Hey guys these are my thoughts on MMYt and why i like this stock: The stock just broke the new all time high. The stock not only broke the new all time high but it brokes the new all time with a very strong candle. The volume was very high so that shows interest on the bullish side. As you can see the stock broke a nice asccending triangle so this is very...
Wow, i like this stock for tomorow and this is why: Nice breakout of a flag pattern. The stock broke a long term resistance line. The candle on friday was very strong. The volume was very high compare the days before during the little corection of the flag pattern ( that is what you want to see, strong upmove with volume, a little corection with low volume and...
I love this stock bullish for tomorow. WHy? Because the stock just broke a nice symmetrical triangle, because the stock broke a nice resistance line, because the candle of friday was very strong on the upside, because the volume of friday was very high so that shows a lot of interest to the buyers, because the stock just broke the 20MA. I know the 50MA is there...
These are the reasons why I like clorox: As you can see the stock is at a strong support line so i am expecting a bounce. This point was very valuable when the stock bounced two times at that resistance level last year so i am expecting the same thing tomorow. Not only the stock is at a great support level but the candle of friday shows indecision and in my book...
These are my thoughts on GLT: There is a nice strong resistance that the stock bounced today. The candle of today was very strong , the low is the open and the close is the high of today so buyers looked strong today. Yesterday, the sellers were in control and finished the day in power but today it completely change on the buying side and this is why i think the...
These are my thoughts on Six flags: The stock bounced today at a really strong support line that lasted from a year ago. Early in 2016, the stock bounced a lot of times on that support line and did run for some nice gains, then a few weeks later the stock broke out of that support line and went really far on the downside. After that, the stock reverse and run for...
Hey guys, these are my thoughts on DKS: So as you can see there is a long support line and the stock bounced at it today. Both in march and april of 2016, this support acted as a nice resistance line and then a few months later , the stock broke out of that resistance for a huge run. Early in 2017, the stock came back at that support and bounced for a nice gain,...
Hey guys, these are my thoughts on Apple: So since february 2, the stock did not really stop and was on fire for a nice upside move. Since that huge gap, we see a lot of uptrend move , some consolidation and then a continuation of the move after and thats what we want to see. Last week the stock did a nice uptrend move for two days with nice volume then the stock...
I like this stock because there is a huge support line. Again, the stock had a nice resistance line then it broke out. After that breakout , the stock came back at support and bounced. It did that three times and bounced all the time then today the stock did the same thing so im expecting a nice reversal. The stock did a nice candle and finished the day very...
i like wolverine here and this is why: The stock had a nice uptrend since the last earnings and then start to relax a little bit and did a correction. The upmove was very strong and had a lot of volume. After that, the stock slow down for a time with low volume ( People are taking profit and not a lot of people are buying) and then today , the stock did a nice...
I like this stock and these are my thoughts: The stock stopped today at a very strong support that lasted from 2015-03-31 to today. It was a resistance from the beginning to 2016-05-31 and then the resistance line became a support line. The stock bounced 3 times and bounced back higher and im expecting the same thing tomorow. There is a nice engulfing pattern so...
I like fedex here, these are my thoughts: There is a huge support line that goes from 2014-12-08 to today, so this is very strong. From the beginning to 2016-11-14, that was a nice resistance line but since the breakout of that resistance line, it became a support. The stock broke out that resistance line with strength, then came back at the support line and made...
Im very long on Papa Johns because there is a huge support line and im expecting a reversal move. The candle of today is pretty strong and shows that the power of the prior move has dimished and the candle today shows that we can see a move on the upside. So there is a nice and strong support line on the daily chart and on the weekly chart, the candle of today is...
Hey guys, these are my thoughts on Dollar tree: So as you can see there is HUGE support line that goes from february 12 last year to today so this is a very long support line and since then the stock never broke trough that line. That tells me that this support line is very strong. Since the beginning of that support, the stock touched the support line 5 times and...
This is my thoughts on PF: So as you can see the stock has been moving up a lot since it's IPO and thats good because i want to trade with the trend and not against it. The last earnings, the stock gap up a lot and because the buying pressure was so strong and because the stock move a lot, people stop buying and took their profits. The volume was very low and...