johninvest17

johninvest17 Updated 

Buy, when we break above the purple line. Moving averages are rising and act as support.

johninvest17

Australia's biggest health care stock $CSL could be breaking out of this wedge and an inverse head and shoulders today or next week. Time to add more if we do!

johninvest17

It look like an inverse head and shoulder chart pattern is forming, could we see a break out soon? If stocks and gold continues to sell off, it will be more likely.

johninvest17 Updated 

TD Sequential is showing a Daily 9 and Weekly 9. While RSI is showing the stock is very overbought. We could see a top for Apple today or this week.

johninvest17

On 26 August 2020, $XJO was at 6161 and I said we will pull back to the moving averages and a big breakout will come... The 2 day chart have shown us we have broke down to the down side. This week, I said we need to close above 5836 on the weekly to stay bullish. We did that. However, it is not over yet. The 2 day candlesticks DID NOT CLOSE this week ,...

johninvest17

If ASX200 close below last week's low of 5836 tomorrow (Friday 18/09/2020), It is time to reduce position size and risk because It is likely that we will see more selling in the coming week.

johninvest17 Updated 

Medibank Private testing March low at $2.45, after going ex-div last Wednesday. This week using TD Sequential, we are seeing a 9 on the weekly and yesterday the daily is giving us a 9 us well. Could this be the bottom for Medibank private? Stop loss at $2.45. Company Profile Medibank Private Limited (MPL) core business is the underwriting and distribution of...

johninvest17

Camping World Holdings Inc Buy Setup if breakout and close out of this falling wedge.

johninvest17

Uber forming a nice wedge on the weekly. I'll look to buy on a breakout to the upside.

johninvest17

Bitcoin to 18k just in time for US Election. It could happen!! Why? This year, we are seeing a very similar chart pattern from February 8 2019 to June 14 2019. (I have copied the chart pattern and pasted it below 2020) As you can see, it is very similar, We can see accumulation phase and then advancing phase. On May 29 2019, Bitcoin pulled back to the 20...

johninvest17

Same chart pattern as Las Vegas Sands. Inverse head and shoulders chart pattern, rsi , cmf and macd are all looking good. Breakout coming soon?

johninvest17

Inverse head and shoulders chart pattern, rsi, cmf and macd are all looking good. Breakout coming soon? P.S Wynn Resorts has the same chart pattern.

johninvest17

Time to get out of A2M for now. First level of support is the purple line. Note - This is my first publish idea Sent from my iphone.

johninvest17

We are trading inside a rising wedge. A big breakout move is coming in the next few days/weeks. Currently, as long as the SPX is still making new all time highs, I think we will have a small pullback towards the trendline/bottom of the wedge before breaking out to the upside. However, it is possible that the SPX (US market) to go down after the APPLE stock...

johninvest17

Chart to watch is the Vix. The CBOE Volatility Index (VIX) is a measure of expected price fluctuations in the S&P 500 Index options over the next 30 days. ... The predictive nature of the VIX makes it a measure of implied volatility, not one that is based on historical data or statistical analysis. Currently, the 200 MA is acting as strong support and recently...

johninvest17

$NST retested the weekly trendline and 20 moving average, however, I would trade with caution because a rising wedge pattern is forming on the weekly chart. Because of the recent run and bearish divergence with DMI and RSI, I think it is more likely we go down from here due to profit-taking.

johninvest17

I'm planning to add more CSL to my portfolio if price can break and close above this downtrend line + the 20-week moving averages + 50-week moving average.

johninvest17

We could see a pullback to the trend line or moving average very soon. Because the RSI indicator is showing GOLD is extremely overbought. While the TD Sequential is showing a "9" meaning we could see the end of this uptrend for the time being. Due to the current economic environment, I will be adding more Gold stocks to my portfolio.