Fading Facebook

Fading Facebook

Facebook doesn’t set up as a low risk buy very often.  It is now.  There is a solid support zone in place just below current levels($149.00-$146.50).  This area includes the initial 2018 low set back in late March near the upper band.  This level has held the...
Microsoft

Microsoft

This would be a helluva hold for $MSFT.  Reached new all time highs in early October then took out the previous two monthly lows during the recent sell off.  That is a nasty reversal, one that has driven shares into deeply oversold territory.  Testing 200 day moving...
GLD (Weekly)

GLD (Weekly)

Each candle is a week.  Down 7 of the last 8.  GLD is due for a bounce.  Has Gold put in a bottom? Don’t know. Could it go much lower?  Certainly.  Could next week be another down week?  Yes. What’s the plan?  If playing a bounce, have an exit strategy...