Tag Archives: PCLN
Midday Missive
We’re starting to see some profit taking in the Spu’s & Midcap. GOOGL…694 was the first fib extension PCLN..1224-27 is closing resistance. FB…just shy of 95 is as good a place as any to take a breather. VIX… is retesting … Continue reading
Midday Missive
Bond buying is the theme of the past few hours. It’s pretty evident that the ECB stepped in to generate that type of price action and those types of reversals. No..they don’t have me on speed dial to tell me … Continue reading
A.M. Look 3/12/15
Stocks… Spu’s…2044 is the weekly hold # and the closing downside pivot for more weakness. Downside support is 2024 followed by the 200 DMA just below 2000. Spu’s need recovery over 2044 for a start. Nasd 100…4333…4285…4265; these are the … Continue reading
A.M. Look 2/23/15
Stocks… Spu’s…2095 will act as support. This level will be pivotal all week. Strong above/Weak below. AAL…gains upside momentum over 51.10. UA…put in ORH day on Friday. Upside follow through should test close to 80. AGIO…price action under 103.50 can … Continue reading
Midday Missive
Spu’s… The low risk buy zone is at the 200 DMA @ 1957. Nasd 100…has to find footing between 4090-4100. Closing under this level is negative. PCLN…has been a big drag on Nasdaq. This name has to stabilize around 1073 … Continue reading
A.M. look 9/10/14
Stocks… Nasd 100…sustained price action over 4085 negates yesterday’s chart pattern. It will take price action under 4050 to test 3990-4001 Fib support. Spu’s…do not have the same chart pattern as NASDAQ. Price action under 1980 is needed to test … Continue reading
A.M. look 9/4/14
Stocks… Dax…Hit big resistance just shy of 9700 yesterday. This still seems to be the lowest risk Equity Index short given the defined out. Nasd 100…put in an ORL day. Sustained price action and a close over 4095 would lead … Continue reading
Midday Missive
Goldman,NFLX,PCLN & GOOGL are all coming into support matching the 1954 level in the Spu’s. DAX has reached weekly support, although the daily maps show another 50 points is possible. AAPL…would need a close under 94.10 for the world to … Continue reading
A.M. Look 6/20/14
Stocks… IBM…double topped at the 50 day & 50 week mvg avg the first 2 weeks of the month. This one needs some patience for a sign of a good low. It would be a better trade after month end … Continue reading
A.M. Look 5/29/14
Stocks… PCLN…1276.75 is the monthly ORL #. A Friday close and sustained price action over this level on Monday would generate new upside targets. TWTR…is trying to bottom. Those that wish to buy this should use a 32 stop on … Continue reading