The S&P500 has been in a downtrend the last few months and has traded down to the bottom of the weekly Ichimoku Cloud. This region can often act as decent support though so I have been monitoring this region to see if price action tries to carve out a bounce from here at all; either […]
Target (TGT) peaked at $90 back in September 2018 but has fallen sharply since then and the last time Target was above the 15 min Ichimoku Cloud was back on November 9th, some two weeks ago. Since then, price has fallen from the $88 region down to near $67, a drop of around $21. Price […]
General Electric (GE) has been in a downtrend since mid 2016, that is, for the last 2 1/2 years and price has dropped from the $30 level down to near $8. The all time Low (since 1990) from my charts is $5.73 but, for now, price is holding above the historic Low range of $7.50. […]
Advanced Micro Devices Inc (AMD) is one of my favourite NASDAQ stocks to trade and it enjoyed a great swing high move from May to September of this year. The last few months have been rough going for the stock with price action pulling back quite significantly. However, I am on the lookout for any […]
Bellamy’s in an ASX infant formula and baby food stock that I traded quite successfully in its last swing High move. Price has been in pullback mode for much of this year but is back on my radar as it consolidates within a potential bullish-reversal descending wedge.