Chevron Corporation: The move up in the last couple of sessions seems to be a corrective pullback. The RSI is now at the bearish extreme zone, the candles are forming bearish patterns. The prices have also closed below the KS & TS lines. The trend down is expected to continue. A close below 115.5 will confirm the trend.
The stock is in a dominant trend up. Recently a lower high and lower low price pattern has been noticed on the daily charts. The RSI also seems to have shifted the range from bullish 80-40 zones to neutral 60-40 zones in the past few weeks. Important support levels are marked on the charts. Breaking them may result into corrections. The degree of the corrections...
The stock is trading at a very crucial juncture. The RSI is indicating a sideways trend, important support pivot level is 8.75, below this point the stock may falter and selling may set in as the stock may start to move down in A-B-C pattern. On the flip side a good close above 9.30 may change the course of the trend GE may start trending up. For greater insight...
Yellow box: M formation is done. The last candle is a spinning top which indicates indecision in this counter. A break below 340 pinpoint may show us 330 levels. Another support is there at 324 where consolidation can be seen. If any bad news in BA other downside levels will open. This is my cautious view for the coming week.
Buy Target:$0.80/$0.60 (don’t bet the house here looking for a quick scalp)
Sell Target: $1.00
Description: ImmunoPrecise Antibodies Ltd. engages in antibody production and related services in the United States, Canada, and Europe. It also provides human antibody development, hybridoma development, genetic immunization, rabbit monoclonal...
Buy Target: TBD pending on price action and tapes into earnings
Sell Target: $28-$30
Next Earnings date: April 26th
This Is a 20% gainer we missed last Q from being to conservative we will be looking for an entry ether before or after earnings all pending on the tape such a small float it will be a good read reading the tapes into...
WPM going down with very low volumes - Keep a watch on it. Active buying coming at 18.
Not sure if it is forming a 'b' on volume profile, in search of NEW VALUE AREA. But good to keep on Watch List
*** Volume Profile a better way to analyse the stocks, rather than some chart drawings/Guess work.