LULULEMON is currently in the controlled profit taking stage of the flag for the current bull flag formation. The previous advance since an earnings surprise is used as the length of the flagpole and also the measuring objective of the next advance. If we see some significant volume on the breakout then we could be set up for some nice quick profit. If volume...
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looking at the chart it looks like the primary trend could be reversing soon. Volume has dried up significantly from the past and if enough volume is present to confirm the price action and continues to make higher highs and higher lows It could be a very profitable swing. I don't trade forex or any currency mostly stocks so this is my technical analysis. The...
AMD, classic bullish pennant formation. Look for unusual green volume at the apex of the pennant for a breakout confirmation. measuring objective based off the previous bull flag is a 31$ target. However analysts upgraded there target to 30$ therefore i adjusted the target to 29-30. back in march of 2001 there was a similar pennant formation that broke up to...
CREE is forming a head and shoulders formation, the left shoulder had significant volume accompanied to relatively high volume for the head. The formation of the right shoulder is typically underway, we want to see volume significantly lower than the left shoulder and head (volume contracting). If this occurs up to the point of the neckline watch for unusually...
CRC reversal confirmed on august 24, 2018. Continuation of primary long trend. Optimal entry point would of been around 32.50. Currently over extended expecting a 1/3-2/3 retracement. Based on previous trends I expect this to retrace to 50% around 36.00. At which point long term primary trend will continue with an average target of 45.00 which is approximately...
