Inverted Head & Shoulder

1. CMCM (Cheetah Mobile): Long Setup Yesterday I opened a long position with a stop at 23.10 Weekly time frame: There is a potential Inverted Head and Shoulder with a measured target at 38.30 The last 2 weekly candlesticks are suggesting a consolidation phase after the breakout of the resistance (Neckline) at 21.60 (Now Support) […]

1. GPRO (Gopro): Long Setup: Weekly time frame: The post IPO rally has been almost fully erased The decline which looks corrective may have shaped a Falling Wedge The next support is the day 2 gap RSI (5) extremely oversold but without positive divergence  

1. MSFT: If it holds above Thursday´s lod it could setting the stage for another up leg. The resistance is at the trend line off the November high. If it is breached the upper Bollinger Band could be achieved   2. ALXN: It has formed a potential Triangle If it pans out the measured target […]