Added the 1st quarter STOPD levels there on this one. The big yellow zone was the decision zone mentioned back in the old post on Boeing last year. Gap thru is always a good thing – you know 100% more upside in store at once. And that upside target was tagged in the beginning of this year.
Goldman Sachs
Head and shoulder potential on daily and weekly. If GS chooses to move higher first and fails to clear 2013 year high, more damage will be in store.
Will be fun to track these stocks over next few months to see how they progress.
Nikkei weekly chart below. Those who are familiar with market profile would notice at once we have 2 areas of concentrated volume: 1. 14000 to 15500 ...
Following is the chart of S&P 500 Emini future 15-minute chart, regular trading session only since Oct 23, 2013. Many traders are scratching their heads wondering what ...
Just one piece of article talking about reasonable expectation of QE "tapering" already gave many daytraders heart attack during the trading day. Imagine what would happen if Bennie tell us ...
Almost everyone thinks that this is an impossible reversal. Is it really that improbable? 1. Orange up arrow is 100% downside expansion of Friday range, high probability ...
An updated daily chart on Nikkei. Highlight of its latest development: 1. Started the year rejected by 2013 year close 2. Dropped to previous quarter ...
Jim Cramer on TheStreet, http://www.thestreet.com/story/12027849/1/cramer-jump-on-jc-penney.html ZeroHedge quotes his words with sarcastic comments, http://www.zerohedge.com/news/2013-09-26/how-lose-32-jim-cramer-three-weeks-jump-jc-penney that's back on September 05, 2013. People who fall for his argument ...
Last week, everyone yelling year end rally yet S&P 500 keep dropping. This week, everyone turned bearish yet S&P 500 held the ground like a fortress. Last week ...
WTF Chart of The Day: Amazon, Boeing and Goldman
Charts that will likely play a big role in the 2nd half of this year. All charts marked with 2013 STOPD levels with the usual expansions.
Amazon
Classic 20% reversal from a blow-off top in place.
Just like what happened to Apple all over again – trigger, outcome and eventual buy signal.
Boeing
Added the 1st quarter STOPD levels there on this one. The big yellow zone was the decision zone mentioned back in the old post on Boeing last year. Gap thru is always a good thing – you know 100% more upside in store at once. And that upside target was tagged in the beginning of this year.
Goldman Sachs
Head and shoulder potential on daily and weekly. If GS chooses to move higher first and fails to clear 2013 year high, more damage will be in store.
Will be fun to track these stocks over next few months to see how they progress.
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