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.
In case you are not familiar with US government shutdowns, it has happened before and it is likely to happen now. The last shutdown on record was 1995 November ...
Today (Jun 12, 2014) US stock market dropped in a directional manner. Red down arrow marking the start of the day. The horizontal blue lines highlight ...
Following is my channel chart on gold. I have posted the same chart in the past which pinpointed multiple turning points over the years. It is worth reviewing this chart ...
Update on gold's latest failed attempt to move higher. Mentioned last time that gold has support at 1260 area back in early October. A bounce followed ...
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 ...
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.
Share