rubindr

rubindr

This retailer has been seen huge multiple compression as the company continues to grow. It has very low debt levels and is best of breed. It is retesting the downtrend breakout. I initiated a position long. If it can clear the neckline it looks like a inverse head and shoulders

rubindr

Aibaba is 18PE and grows 30-40% a year. It's the most oversold it has ever been. Moreover China is signaling they are open to audit cooperation. Plus 15B in buybacks this year. Buy growth when growth cheep

rubindr

Stick with it. Can go back to all time highs. Not even overbought on the monthly chart. The trend is your friend

rubindr

It broke the neckline amd broke the long term downtrend. Next level is 42

rubindr

Clear breakout of this bull flag

rubindr

As expected we are now heading lower. We hit resistance at the downtrend on the LOG scale. I’m planning to scale in at the normal scale downtrend and horizontal resistance. No buy signal yet. If we break LOG downtrend it is a screaming long but not until then

rubindr

I rolled out my short calls to January. My current plan is to sell puts if we retest the 10.95 level.

rubindr

Possible false breakout. If we close today below 113.04 and hold any tests it is a good opportunity to short/manage risk. Mental SL is slightly above 113. We failed at the gap. Target price is support around 98

rubindr

Looks like it has broken its downtrend and has broken the downtrend in RSI. Might be a good place to start a position

rubindr

Boeing is at a key decision point. It has not broken RSI resistance. It is teetering on support. A break of uptrend is a good entry to begin a short position. Manage risk at downtrend resistance for RSI and price

rubindr

If the dollar is going to make a relief rally now would be the time. Its at multiyear uptrend support and Horizontal support. If it fails. Look out below. If it holds, Look for a right shoulder to form.

rubindr

RSI at a key decision point. I would manage risk at green downtrend resistance. Target price is 12 dollars. MGM has been showing relative weakness the last month as market has gone up.

rubindr

Alcoa has made over 100% since my initial trade idea. Just as a general rule I booked Some profits and sold calls against my position at my intermediate price target of 20. If price holds from today’s earnings beat the long term downtrend will have been broken. I expect a retest of the down trend line and or horizontal support at some point and will scale back in...

rubindr

The uptrend has broken. There was a failure at the 62 fib. RSI never hit overbought and the RSI uptrend has broken. Plenty of room on the downside until over sold conditions are hit. MACD has crossed. These are not signs of a bull market. All signs point to a further move down.

rubindr

We retested old uptrend support / now uptrend resistance last month and failed. In my opinion. 3010-3030 is the highest we go this month unless we break old uptrend support which is now resistance. We are retesting horizontal resistance at 2930-45. If we fail again 2500 is my target.

rubindr

Mgm is testing the immediate downtrend. Still not broken. RSI downtrend is holding too

rubindr

MGM has broken uptrend support. Daily RSI did not break the downtrend. It looks a good opportunity to short. Disclosure I bought puts and credit spreads last Friday.

rubindr

$MGM in a very precarious position. It is bear flagging. RSI hitting still has not broken downtrend resistance and it is dangling on uptrend support. Disclosure: last Friday I sold may 15 15-17 call credit spreads above market price to finance some speculative puts