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BORR Oil Field Support Services LONGBORR's story is kind of like that of the 1849 California gold rush where those selling picks, shovels and pans made consistent and good money and sometimes more than the prospectors. Since they service the oil fields of several oil companies, they just grind out their margins of couse still suspectible to any boom or bust cycles of the oil /energy sector in general. On the chart, price can be found sitting on the demand / supply zone having already tested its lower boundary. Pirce is under the fast-moving average which is under the slow-moving average showing the pivot is underway. The volume indicator shows active trading underway and spikes well over the 50 day moving average. Overall, I see BORR as in inexpensive stock to get several to many shares adaptable to scaling the close of position as the price retraces back towards the supply /resistance zone. I plan on the first target as the 50% retracement back to the overhead zone and the second target 75% upward while saving the remainder to test the resistance expecting the energy sector may shift into bullish bias in the meanwhile.
NYSE:BORRLong
by AwesomeAvani
Expecting a breakout in PINS very soonWell let me tell you @Maddy50 frankly chart is not looking that much attractive but it is just making zigzag pattern in a bullish range. But still if you see breakout in it then it could be a best buy for upside and we can see PINS towards 37/40+ levels in coming months. But we should wait for breakout. Or one another trade can be executed at lower levels somewhere 25 levels if you get,,,but take entry only with strict stop loss which i have marked on chart. Note:-Wait for breakout to get a best entry. Please like, follow and comment. Thankyou:))
NYSE:PINS
by TraderRahulPal
Adobe is near resistance, with +ve bias. Wait & Watch mode.There are three +ve indicators (suggesting buy) 1. Price moved above 50DMA with good volume on 16th March 2. Price moved above 200DMA with good volume on 17th March. 3. Golden-Crossover (50DMA above 200DMA) on 21st March. However, the volumes are still lower than average and the price is stuck between 385-400 range, suggesting profit booking in this range. Short-Term view - book profit in the 385-400 range. Mid-Term view - wait for a breakout from 400 for a ~10% upside.
NASDAQ:ADBE
by sandeep6883