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+--- Thread: [Stocks Technical Analysis] **HOT** [Ask Me Stocks] (/showthread.php?tid=4681411)
[Stocks Technical Analysis] **HOT** [Ask Me Stocks] - Purefication - Feb 11, 2015
Hey guys, so I am going to try and help you with the knowledge I have so far, you can ask me for any stock and I will -try- to build a decent chart for it, I havent been in the market for so long but I do believe I have a sharp eye for them, have fun !
*Investors should be cautious about any and all stock recommendations and should consider the source of any advice on stock selection. Various factors, including personal or corporate ownership, may influence or factor into my stock analysis or opinion.
,
So I am going to put up a few common ones around the forum so first
EXXI
( Energy XXI Ltd. )It's a 50 50 gamble to hold this one for long, it can go both ways and an important factor here is the oil, it has a confirmed resistance and support levels ( Black lines ) but nobody knows yet when it's gonna breakout and to which direction so you want to buy/sell/short after a confirmation ( purple arrow )
http://prntscr.com/63ntdy
http://prntscr.com/63zchy
AAPL
( Apple )Basically APPL has reached 700+ Billion market cap recently which is crazy, and as you know it's a strong soild company, as long as the market stays green or AAPL should keep the uptrend.
AAPL has formed two patterns recently, head and shoulders and a triangle ,two great bullish signals and it's probably gonna keep going up to 130 area.
http://prntscr.com/63xrgt
http://prntscr.com/63yv3s
http://prntscr.com/63yxzs
TSLA
( Tesla Motors )I dont know that much fundamental wise about them but they took big hits recently, they have formed a chaotic bearish pattern which is the measured bearish move and it has a bearish price channel and as I type this TSLA went down 3% more hehe.
http://prntscr.com/63z5o7
TWTR
( Twitter )People estimated twitter's earnings to be bad-average and it went down 5% a few seconds before the actual earnings report , BUT! everyone were surprised when TWTR beat the estimations and earnings were good ( although the amount of online users and users in general still not impressive ) , for now they're just filled the gap down and they should head to 50 area in my opinion.
http://prntscr.com/63z9g1
Your stocks are welcome .
FB
( Facebook )Facebook has been in somekind of a down trend for the last three months , but there are some good news, the bears are showing weakness and there is extra demand for the past month and half, my prediction is.. it would form a flag, at the point where there are two lines , it most of the chances would go up but it can go both ways.. you should wait for a confirmation if it breakouts the red lines you should consider selling / buying / shorting it if stays there.
( The breakout may happen before the last red arrow)
http://prntscr.com/64e2zt
GLW
GLW looks very strong, their money flow is great. At the pitchfork area it tested support two times and went back up , also tested resistance in the inner pintchfork ( The green area) three times and confirmed it as a soild resistance of the uptrend, the bulls should keep winning on this one for the time being.
http://prntscr.com/64e79x
EMES
It had a huge down trend but for the last couple of months the bulls have shown strength, the selling force shows weakness and a reversal might happen, most likely it's gonna be a reversal for the bulls force but until a confirmation we shouldnt jump to conclusions.
http://prntscr.com/64ednn
BABA
( Alibaba )BABA had a nice run after its IPO then it sharply crashed to 80 area but there are decent bullish signs that it might reverse, nothing is confirmed yet but the signs are really great, if it gets to the black line in the chart it would reverse a bit / a lot most likely.
http://prntscr.com/64ms7c
http://prntscr.com/64mv9e
http://prntscr.com/64mygi
INTC
( Intel )Intel had a long uptrend and then it gapped down.
It tested support three times and confirmed the support level, after the third confimration looks like it's going to fill the gap from january.
http://prntscr.com/64n2jl
GOOG
( Google )Googe reversed from a nice uptrend to a down trend around mid september, it advanced down sharply first but then the selling pressure has weakened and the buying pressure got stronger.
You can see how google tried to get out of the pitchfork twice ( Purple arrows ) but failed, the blue one confirmed totally the support and then it has surged up.
Google has shown nice bullish strength and it should head up in my opinion.
http://prntscr.com/64onra
MSFT
( Microsoft )Well Microsoft has a nice uptrend at some point but as soon as the uptrend's angel advanced up it formed the Bump And Run pattern ( you should worry when it happens if you hold long term / and happy if you wanna short ), you can see the red line and arrow pointing for the crossover( which is beairsh in our case ) a bit before the storm, there was enough space for the traders to sell their shares or short.
In the present microsoft has formed two big green candles and it might reverse but I wouldnt get in yet but wait for some confirmation.
http://prntscr.com/64oush
* - drawbacK - Feb 11, 2015
I'm new to stock trading, can you elaborate a bit more on your AAPL analysis.
* - NZT - Feb 11, 2015
Yeah. I'd also love to hear some analysis to go with these charts and explain your TA.
* - Purefication - Feb 11, 2015
(Feb 11, 2015 04:16 PM)NZT Wrote: Yeah. I'd also love to hear some analysis to go with these charts and explain your TA.
Thanks for the feedback I fixed , check now.
* - Enronitis - Feb 11, 2015
Purefication has my vouch.
He is a solid student and has been working hard and learning a ton, never hesitating to ask me questions or for pointers on technical analysis. His charting is on point and he has a better eye for patterns than almost anyone I know
Don't hesitate to ask him for chart analysis anytime.
* - Purefication - Feb 12, 2015
(Feb 11, 2015 05:03 PM)Enronitis Wrote: Purefication has my vouch.
He is a solid student and has been working hard and learning a ton, never hesitating to ask me questions or for pointers on technical analysis. His charting is on point and he has a better eye for patterns than almost anyone I know
Don't hesitate to ask him for chart analysis anytime.
Thanks Black Hat !
Guys feel free to ask me specific stocks !
* - drawbacK - Feb 12, 2015
(Feb 11, 2015 04:20 PM)Purefication Wrote: Thanks for the feedback I fixed , check now.
Thank you, nice images overall by the way. Great post.
* - Eagerkid - Feb 12, 2015
You should talk about FB, GLW, EMES
* - Purefication - Feb 12, 2015
(Feb 12, 2015 03:43 PM)ihopeshe18 Wrote: You should talk about FB, GLW, EMES
Gonna work on it and update in a few minutes.
UPDATE: Done.
* - CPAIlluminati - Feb 12, 2015
Nice charts man. Doing better. This guy will someday be a millionare.
* - DuguWudi - Feb 13, 2015
Alibaba, Apple, Intel, Samsung please?
Thank you very much.
* - Eagerkid - Feb 13, 2015
(Feb 13, 2015 04:12 AM)DuguWudi Wrote: Alibaba, Apple, Intel, Samsung please?
Thank you very much.
BABA might go back up but I doubt it will be a huge rise.
* - Purefication - Feb 13, 2015
(Feb 13, 2015 04:12 AM)DuguWudi Wrote: Alibaba, Apple, Intel, Samsung please?
Thank you very much.
Apple = APPL it's already there.
Samsung is not on the US market as far as I know .. never seen it.
I added Alibaba and Intel.
* - DuguWudi - Feb 13, 2015
(Feb 13, 2015 10:13 AM)Purefication Wrote: Apple = APPL it's already there.
Samsung is not on the US market as far as I know .. never seen it.
I added Alibaba and Intel.
Sorry, my mistake😖, Im mostly interested in tech stuff, such as Microsoft and Google?
Thank you.
And I think a simple short note for those short form stock names would be a nice feature.
* - Purefication - Feb 15, 2015
UPDATE: EXXI surged 10%+ up today , if it somehow stays at this area and holds about the resistance it might be a good bullish swing ( for those who have missed the party today )
UPDATE 2: Added Microsoft and Google and added the full name of the companies.
Feel Free To Ask Your Stocks !