litwizard

litwizard Updated 

High Grade Copper is having some really tough time creating a new high after last´s week momentum. Highs were rejected pretty aggressively and now are fading to the bottom support of the flag. Stay lit and focused.

litwizard Updated 

Fundamentals: FOMC statement will come up on Wednesday There is expextation for increase by 0.25% If rates will be increased we will definitely go up Technicals: - uptrend with flag forming on the top - this week was closed on the top op the formation (which indicates for me that investors expect rate increase. They are always one step ahead. So key-move is to...

litwizard Updated 

Hate to see a divergence forming on the recent highs. Usually this indicates that upmove momentum is exhausted, but this time I decided to go long anyways. Investors will move up to stocks as they are currently the most atractive investement. I don´t see many reasons for sharp downfall but my SL is tight as always. -Italy problem with euro and new government...

litwizard

71.5 is too cheap.

litwizard

the lows are coming

litwizard Updated 

Sorry the SELL STOP LIMIT is at price 74.55 as is shown in chart. Thanks

litwizard Updated 

publishing this idea because I have placed buy limit order so you can track how the trade goes

litwizard Updated 

It´s a very agressive buy, maybe I will wait for a better price but I expect a rally.

litwizard Updated 

Very basic layout. Momentum out of shrinked volatility. Purely technical analysis.