Sirius XM: Why It Will Be Capped At $2.50 [View article]
I think we'll bounce around between $2.25 - 2.40 for the next couple of weeks before attempting to break out of resistance. It may even be until next month before anything meaningful happens to the upside and that's a bullish thing. 1 yr http://bit.ly/HgwK1F
As long as we don't close below $2.20 on high volume I like this to consolidate and move higher as the trend remains up.
If you're unsure of how to calculate the current trend of a stock or index, you may want to try this free analysis tool where they provide a buy/sell signal. http://bit.ly/ppoI7L
Agreed. I would expect this 3 line break chart to print a red candle very soon which would really seal the lower high. http://bit.ly/H0HNaK
By my estimates we could drop all the way to the low $1400's and retain the bullish trend. A pullback would definitely shift sentiment to the extreme pessimism and would set up a great buying opportunity.
If you're unsure of how to determine the current trend of a stock or index, try this free analysis tool to ensure you're on the right side of the market. http://bit.ly/onW6WO
An Opportunity To Pick Up This 6% Yielder On The Cheap [View article]
I appreciate the dividend but I think I'll hold off for lower prices. It's right in the middle of a massive wedge and I see no edge in buying now. 5yr http://bit.ly/HC9FAR
This will likely gravitate towards the bottom of the wedge near $42.50. With the high volume sell off today I understand that it looks like it's "blood on the streets" but I think it'll get worse before it gets better. I can't believe that this is going to rebound immediately.
If you don't have your own timing signal, try this free trend analysis tool, where they provide a short/long term signal. http://bit.ly/H8avYZ
Before 'Obamacare' Falls Sell The Health Insurers [View article]
The wisdom of crowds is suggesting that if it does fail it's a positive for health care providers. Or maybe I'm misinterpreting the data and it will pass. Stating it will fail is my opinion. Believing this group is going up is what I'm seeing in the charts.
Largest Shareholder Trims BHP Billiton Holdings [View article]
BHP has what I believe to be a very bearish pattern forming - the head / shoulder pattern. 5yr http://bit.ly/H21h2j
If we break below the $68 area on rising volume this chart could go south in a hurry, going all the way back to 08' lows. Be careful out there as the trend is neutral to down.
If you don't have your own timing signal, try this free trend analysis tool, where they provide a short/long term signal. http://bit.ly/H21h2n
The volume spike in February is encouraging that it may attempt to form a double bottom, but to buy now is risky because that could just continue lower and languish for another year or two.
The safer bet would be to wait for a break above Feb high near $40ish and pyramid up. If you don't have your own timing signal, try this free trend analysis tool, where they provide a short/long term signal. http://bit.ly/H41T8m
But to say it's time to buy this stock is way too premature. It needs to break above the $27 level on some significant volume or a catalyst that could give this the juice to move higher. Right now the trend is neutral to down and it's dead money as far as I'm concerned.
If you don't have your own timing signal, try this free trend analysis tool, where they provide a short/long term signal. http://bit.ly/H4nq18
This has been in a weekly downtrend since December and the volatility can make this difficult to sit through the daily volatility swings. http://bit.ly/HagUTG
I'd say this is due for a bounce anytime now but I wouldn't be trading this on the long side due to the major trend.
If you have another stock in your portfolio you'd like analyzed, try this trend analysis tool for free here. http://bit.ly/kwUO0F
Chipotle: A Solid Pick For Gains Now [View article]
This is going to sound outlandish, but I expect CMG to correct back to $325 before starting another bull run. Looking at this lifetime chart of CMG you can see it's extremely overbought and needs to pullback.
There is major negative divergence between price and RSI and the apex of the last wedge bo provides a good support level. Investors expectations for this stock have become irrational. Volume on this last push higher has been extremely light compared to previous moves.
If you don't have your own timing signal, try this free trend analysis tool, where they provide a short/long term signal. http://bit.ly/zRKbgi
Time To Take Profits In Clean Energy Fuels [View article]
I wouldn't be so quick to short a stock at all time highs as you'll likely get burned. The RSI is a good indicator of predicting future strength and now that we're above 70 this will likely run for awhile.
It may consolidate around these levels before making another move as it's had quite a run this year, but I expect further highs coming.
If you're unsure of how to calculate the current trend of a stock or index, you may want to try this free analysis tool where they provide a buy/sell signal. http://bit.ly/GQ1OlP
Is Johnson & Johnson A Strong Buy Candidate? [View article]
JNJ is on the verge of having a very bullish chart. 5yr http://bit.ly/GLhA3s Here we have an ascending bullish wedge with a very clear breakout range to watch around $65.35.
If we can break above that level then this stock has blue skies ahead and could move much higher.
If you don't have your own timing signal, try this free trend analysis tool, where they provide a short/long term signal. http://bit.ly/sik8PQ
The Netflix Long Term Business Plan May Actually Work [View article]
NFLX is sort of in no mans land right now. Ultimately I believe this is heading lower, but until it breaks out of the range I've identified here I'd be on the sidelines. http://bit.ly/GCswKQ
If you're unsure of how to calculate the current trend of a stock or index, you may want to try this free analysis tool where they provide a buy/sell signal. http://bit.ly/u8cWk8
CSCO is a mixed bag from the technical perspective. Before getting to $60 it has some significant levels of resistance to overcome as seen here. http://bit.ly/GAVEsr
Add in the fact that it has a rising bearish wedge forming and it could face some significant pressure in the coming weeks.
One hope is that there is a double bottom put on in the longer timeframe and that will be a solid base that it can build from. Short term I'd wait for a dip before buying.
If you're unsure of how to calculate the current trend of a stock or index, you may want to try this free analysis tool where they provide a buy/sell signal. http://bit.ly/GCr8rz
Sirius XM: Why It Will Be Capped At $2.50 [View article]
As long as we don't close below $2.20 on high volume I like this to consolidate and move higher as the trend remains up.
If you're unsure of how to calculate the current trend of a stock or index, you may want to try this free analysis tool where they provide a buy/sell signal. http://bit.ly/ppoI7L
GLD ETF: 3 Red Flags To Consider [View article]
By my estimates we could drop all the way to the low $1400's and retain the bullish trend. A pullback would definitely shift sentiment to the extreme pessimism and would set up a great buying opportunity.
If you're unsure of how to determine the current trend of a stock or index, try this free analysis tool to ensure you're on the right side of the market. http://bit.ly/onW6WO
An Opportunity To Pick Up This 6% Yielder On The Cheap [View article]
This will likely gravitate towards the bottom of the wedge near $42.50. With the high volume sell off today I understand that it looks like it's "blood on the streets" but I think it'll get worse before it gets better. I can't believe that this is going to rebound immediately.
If you don't have your own timing signal, try this free trend analysis tool, where they provide a short/long term signal. http://bit.ly/H8avYZ
Before 'Obamacare' Falls Sell The Health Insurers [View article]
Largest Shareholder Trims BHP Billiton Holdings [View article]
If we break below the $68 area on rising volume this chart could go south in a hurry, going all the way back to 08' lows. Be careful out there as the trend is neutral to down.
If you don't have your own timing signal, try this free trend analysis tool, where they provide a short/long term signal. http://bit.ly/H21h2n
Before 'Obamacare' Falls Sell The Health Insurers [View article]
Obamacare will fail.
Does Solar Even Stand A Chance? [View article]
4 yr http://bit.ly/GYfhXa
The volume spike in February is encouraging that it may attempt to form a double bottom, but to buy now is risky because that could just continue lower and languish for another year or two.
The safer bet would be to wait for a break above Feb high near $40ish and pyramid up. If you don't have your own timing signal, try this free trend analysis tool, where they provide a short/long term signal. http://bit.ly/H41T8m
Why GameStop Is Worth The Gamble [View article]
5yr chart - http://bit.ly/Hzkntb
But to say it's time to buy this stock is way too premature. It needs to break above the $27 level on some significant volume or a catalyst that could give this the juice to move higher. Right now the trend is neutral to down and it's dead money as far as I'm concerned.
If you don't have your own timing signal, try this free trend analysis tool, where they provide a short/long term signal. http://bit.ly/H4nq18
TVIX: A Rock And A Hard Place [View article]
I'd say this is due for a bounce anytime now but I wouldn't be trading this on the long side due to the major trend.
If you have another stock in your portfolio you'd like analyzed, try this trend analysis tool for free here. http://bit.ly/kwUO0F
Chipotle: A Solid Pick For Gains Now [View article]
6yr - http://bit.ly/GY6kOi
There is major negative divergence between price and RSI and the apex of the last wedge bo provides a good support level. Investors expectations for this stock have become irrational. Volume on this last push higher has been extremely light compared to previous moves.
If you don't have your own timing signal, try this free trend analysis tool, where they provide a short/long term signal. http://bit.ly/zRKbgi
Time To Take Profits In Clean Energy Fuels [View article]
5yr http://bit.ly/GLKUnh
It may consolidate around these levels before making another move as it's had quite a run this year, but I expect further highs coming.
If you're unsure of how to calculate the current trend of a stock or index, you may want to try this free analysis tool where they provide a buy/sell signal. http://bit.ly/GQ1OlP
Is Johnson & Johnson A Strong Buy Candidate? [View article]
If we can break above that level then this stock has blue skies ahead and could move much higher.
If you don't have your own timing signal, try this free trend analysis tool, where they provide a short/long term signal. http://bit.ly/sik8PQ
Apple Momentum Waning [View article]
The Netflix Long Term Business Plan May Actually Work [View article]
If you're unsure of how to calculate the current trend of a stock or index, you may want to try this free analysis tool where they provide a buy/sell signal. http://bit.ly/u8cWk8
3 Reasons Cisco Will Reach $60 [View article]
Add in the fact that it has a rising bearish wedge forming and it could face some significant pressure in the coming weeks.
One hope is that there is a double bottom put on in the longer timeframe and that will be a solid base that it can build from. Short term I'd wait for a dip before buying.
If you're unsure of how to calculate the current trend of a stock or index, you may want to try this free analysis tool where they provide a buy/sell signal. http://bit.ly/GCr8rz