LDC870

LDC870

15 min chart indicates we should expect another test of the short-term support trend line. If it falls below 1.47, I think we could see a quick dip into the 1.3Xs. Need more demand to sustain this uptrend in the short-term.

LDC870

Squeeze is currently on. Volatility bottomed out recently (see ADX) and is turning upward. RSX is trending upward, which tells us momentum is bullish and we'll want to go long. The Bollinger bands have started to expand but haven't eclipsed the keltner channel yet. The bullish tail on yesterday's candle and the close just below the upper Bollinger band provide...

LDC870 Updated 

Volatility bottomed out and is beginning to rise; sustained upward momentum; Bollinger Bands are beginning to expand and it appears squeeze should be released early next week.

LDC870 Updated 

This looks like a promising setup. I haven't done any DD on the company's fundamentals, pipeline, etc., but just looking at the chart this seems poised for a squeeze release. Do you own DD and GLTA

LDC870 Updated 

I'm in at 1.34. Notes given on the chart. Conduct your own due diligence.

LDC870

ERF persevered through a rough week for energy stocks and confirmed buy signals. RSX crossed up on midline, PMO crossed up on PMO signal, and MACD maintained its trajectory. The JMA did cross down on the 10-day DWMA, but it crossed back up on Thursday so that signal returned to positive. I added the fib retracement on this update and want to point out a couple...

LDC870

Recent ATH at 93.00, oversold on pullback due to broader market fear. Very bullish the last few days of trading and looks poised to re-test 93.00. Proposed setup: Entry between 82.00-84.00, with tight trailing stop loss under 50-day TEMA (approximately 80.00) to protect against another market-wide sell-off; exit above 92.00, depending on your risk tolerance;...

LDC870 Updated 

The jury remains out. Here's a better look at the trend over the last two years: If this trend line does not hold support, USOIL may fall off a cliff searching for a bottom this week.

LDC870 Updated 

PMO indicates DNR is at or near historically oversold level where reversals/retracements tend to occur. DNR oversold because of recent acquisition, which was compounded by the lack of a trend line support due to bullish run dating back to August 2017. Recent downturn stalled on the .618 fib retracement level for this long-term uptrend. Support needs to be...

LDC870

1. Bullish engulfing candlestick on Friday (a particularly bearish day for market) 2. Recent crossover - 7-day JMA crossing up on 10-day DWMA 3. Upward trend line held support on Friday (although this is a weaker signal because, although trend line starts January 2016, it was only established when bottom was reached on 10/30/18) 4. Impending price momentum...

LDC870

Target entry sub 3.30, S/L @ 3.05, exit near expected resistance around 3.80

LDC870

Entry below 2.19, stop 1.98 (not as tight as I'd like but it needs room to trade), exit 2.51.

LDC870

I've been waiting for some time now to see TRXC re-establish it's uptrend. I've posted prior ideas that have not come to fruition. If you are looking to take a long position on TRXC, I think the following indications will confirm an entry point for you in the next couple of days. BUY SIGNALS: 1) 7-day JMA crossing up on 10-day DWMA : If you backtest this...

LDC870

I got into TTNP yesterday around .40; I intended to sell PM today, until I revisited the chart. Here's why I think you should hold this in the short term. Here's a chart with some of my favorite momentum indicators: LazyBear's Trend Trigger Factor, LazyBear's wave trader, LazyBear's Squeeze Momentum indicator, RSI, and Jurik's VEL (a centered version of MOM...

LDC870 Updated 

Credit to @kcty for tipping me off on this ticker. If you look at the long term resistance trendline (dashed red), you'll see it's converging quickly with the recent support trendline (solid green). I don't think recent support trendline will hold, but if it does, look to enter in the breakout window. Not much resistance above the TEMA 200. The minor pullback...

LDC870 Updated 

On my last TRXC post, I whiffed on my prediction that we'd probably see the rebound begin late last week. The difference appears to be the result of bond yields' effect on the overall market, which particularly impacted the stocks that have been most bullish this year. Our charts and positions don't exist in a vacuum, and this served as a reminder that we have...

LDC870

If you read my prior post, I tipped you off about the opportunity to get in here around 2.28-2.32. Now it's ascending, but I wanted to update everyone based on what I see looking at the trends over the last few days. There's little resistance between today's close and 2.80; if it breaks 2.80, the next level of resistance is around 3.01. If it breaks through...

LDC870

For Monday, target entry between 2.28-2.34. I got in on Friday at 2.32 and use that number for return% below. Green trend line has held up multiple times with strong support, so you can set a tight stop-loss as high as 2.20. Conservative exit around 2.60 = ~12% return; high-score exit around 2.92 = ~26% return. Risk 5.17% @ 2.20 S/L. Reward:risk = 2.33...