May 5, 2015 - FED, Stock Analysis    No Comments

FED touching 127.2% Fibonacci Retracement level

FED continue to dip but this time in slower pace. As it travel downwards, it is supported by the support slop we drawn last time. Notice that FED is now at 127.2% Fibonacci Retracement level. This is a good area to speculate for a bounce. Will it bounce? The resistance slope is around 20. Relative [...]

Apr 26, 2015 - FED, Stock Analysis    No Comments

Back to support slope

After bouncing from the support slope last few days ago it is back to the support slope again. Daily chart shows that Kijun Sen line has bent and weekly chart shows that price is moving away from KSL. There might be some spikes this week but it could be a fire exit for those who [...]

Apr 26, 2015 - CAL, Stock Analysis    No Comments

Will it reach 127.2% Fibonacci Retracement level?

CAL continue to move up and may break the 4.61 per share resistance. There is still no bearish candlestick pattern seen so it may continue to move up. But we need to consider the RSI. There is a possibility it will hit 5.0 per share but don’t expect it to go up without retracing. We [...]

Apr 26, 2015 - BLOOM, Stock Analysis    No Comments

Will it break the resistance this time?

It bounced from Kijun Sen line and may retest recent resistance at 12 per share. Looks like this time the bulls are determined to break it and head towards 13 per share. Although we still have the KSL that will bring the price down, once price will touch above 12.12 per share, this line will [...]

Apr 26, 2015 - ACR, Stock Analysis    No Comments

Price stopped by Kumo but KSL may continue to pull it

Last Friday it retraced by 1% telling us that the bears are in control with resistance area around 2.08 per share but Kijun Sen line may continue to attract the price and move towards 2.16 per share. Based on weekly chart, ACR showed a good bounce from the Kumo but price should continue to move [...]

Apr 23, 2015 - AGI, Stock Analysis    No Comments

Will it continue to move up?

AGI went up by 3.4% yesterday. Will it continue to move up? Possibility of it going up is high but it might be resisted around 26.12 per share. Next resistance is at 26.82 per share. Supports are at 24.96 and 24.18 per share. AGI has also bounce from the 78.6% Fibonacci Retracement level which could [...]

Apr 23, 2015 - ACR, Stock Analysis    No Comments

Kejun Sen line could pull this up

Will the Kijun Sen line be able to pull the price up for ACR? Based on daily and weekly charts, KSL is moving horizontally. This is when the magnetic property of KSL is very strong. Until it will bend, there is a change price will go up 2.11 – 2.16 Relative Strength Index or RSI [...]

Apr 19, 2015 - FGEN, Stock Analysis    No Comments

Ready to bounce?

FGEN looks strong after moving up last Friday creating a green candlestick. Did it hit the bottom last Thursday? We have a resistance at 29 but if broken we will have 31 as our next stop. While FGEN is inside the Kumo, it may move sideways but with bullish bias. Relative Strength Index or RSI [...]

Apr 19, 2015 - BLOOM, Stock Analysis    No Comments

Create a handle?

Current resistance is strong for the bulls as of this time. While we are still seeing bullish sentiment on BLOOM, we might see it correct while Kijun Sen line is moving horizontally at 11. We would like to see BLOOM touch above 12.12 so KSL will bend and lose its power to attract the price. [...]