Tag Archives: GS

Past video-analysis and trading plan for General Electric (GE), March 17th 2013 (English Language)

Hello traders,

this is the analysis of General Electric stock (ticker: GE), traded on the NYSE, I have published on March 17th, 2013 in my Newsletter.

Please review my video analysis below:

Price in the stock is approaching long term resistance located at the 24 area. On the weekly (long-term) timeframe the stock has also support at the 20.40 area (and extension long entry area), with first target at 24.50 and second target at 26.60. So the stock has a potential setup to push into and beyond the resistance area starting at 24.   On a smaller timeframe (daily) support is located at 22.90 with a first target in the 24.10 region, helping prices into the first 24.50 target. If price moves below 22.60 the 20.40 area of support can be retested. Below the 19.60 level the 24 area of resistance is confirmed and there is the potential for price to be pushed towards the 14.80 area.

If you intend to use this information for your trading please do your own diligence, find the advice of a trading professional and trade at your own responsibility. The information provided is for educational purpose only. Please read the Disclaimer and accept all the risks. Thank you.

If you want to get access to trading plans like this one, watch weekly video reviews as I record them, or get information on setups for the Euro-Dollar cross, the S&P500 index and some high volume  stocks (before they happen), please subscribe my newsletter. It’s free and you get additional content, market commentaries, setups, e-books, articles on HFT and program trading (from which I derive my trading edge), learning material and video-analysis that I don’t make available on my blog. You also get additional mid week updates.

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Past FibStalker View on Stocks, March 11th, 2013 (English Language)

Hello,

hereunder is the last review on the stocks I featured in my FibStalker View on Stocks sent on March 11th, 2013 to my Newsletter subscribers. I will normally publish this information reviews 8-15 days after they are shared with subscribers. The FibStalker View on Stocks review offers insights into stocks trading, setups and target information for the list of stocks I currently follow on my Blog.  If you trade stocks or want to learn how to analyze them it is good to get the information I share every now and then. To do that you can register my free Newsletter, it only take 10 seconds.

The current list includes: AAPL, ACN, BAC, BBRY (ex-RIMM), BIDU, C, F, FB, GOOG, GS, HPQ and NFLX. Hereunder is the review I have published on March 11th, 2013:

This week I continue on this new section where I review a set stocks I am currently following and that you can find on my Blog’s ‘Stocks & ETFs’ page (this is an ever growing list of tickers). I will build upon the last analysis published to my subscribers on February 3rd Newsletter. I will keep adding stocks to this page and I am open to subscribers’ suggestions, with the only constraint that the proposed stocks must be widely followed and highly participated (high daily volume bigger than 1M) for my analysis and trading method to work. For instance, last week I have added Facebook (FB) to my list, which is now featured.

This week I will briefly review AAPL, ACN, BAC, BBRY(w), BIDU, C(w), F(w),  FB(w), GS(w), HPQ(w) and NFLX. The stocks with a (w=watch) after the ticker are those you want to closely monitor in the coming days because they could offer opportunities in the very short term on the daily chart. You can review the last video-analysis and plans for the stocks using the links provided below on the right of the stock ticker.
Hope you will enjoy this new section. Please spend time to study the setups and review the video-analysis I will keep recording in order to understand how I analyze price. This week I will briefly review AAPL(w), ACN, BAC(w), BIDU (w), C, F,  FB(w), GS, HPQ (w), NFLX and RIMM(w). The stocks with a (w=watch) after the ticker are those you want to closely monitor in the coming days because they could offer opportunities in the very short term on the daily chart. You can review the last video-analysis and plans for the stocks using the links provided below on the right of the stock ticker.
Hope you will enjoy this new section. Please spend time to study the setups and review the video-analysis I will keep recording in order to understand how I analyze price.

AAPL (last analyzed on February 17th, 2013)
There are no more doubts now that the stock is moving into its all the way low to highs retrace at the 350 area. It is currently trading a 483 resistance area and entry long with targets at 412 and then 375. If price bounces off the 412 level after hitting the target we could see a retrace into the next resistance level and entry short at the 448 area with a new target into the 396 area; otherwise we could see a continued slide into the second target at 376 before a meaningful and tradeable short.

ACN (last analyzed on February 17th, 2013)
As anticipated the stock hit the current measured move long first target at 75.30 and is continuing towards the second target at the 81 area. If it retraces after hitting that second target, we could see a new long extension setup at 76.50 with two new targets at 83.30 and 86.80.

BAC (last analyzed on February 17th, 2013)
Although price pierced the indicated 11.50 level on the downside in the last few weeks, price also held the long setup at 11.20 (with a stop below 10.90). So support in the stock is still holding and was able to push price higher all the way into the weekly resistance again, located at 12.40. Price again reacted at that level showing that sellers are still willing to sell the 12.40. At the moment this stock is range bound between 11.20 and 12.40. Longs have traded but short have traded too. Be careful.

BBRY (last analyzed on February 21st,2013)
(data problems for BBRY due to change of ticker: previous ticker was RIMM. It was analyzed on the Mid-Week update sent on February the 21st, 2013).

The stock is completing a test of the 12.30 support level with a stop below 10.80, the line in the sand. If the 12.30 area holds and price moves away from this level the first target is at 21.10 area. Below 10.80 the stock will need to be re-evaluated.

BIDU (last analyzed on February 17th, 2013)
After the gap down the stock kept moving lower and bounced from a long-term support level at 87.90. This support, however, was not enough to break the next traditional short setup on the daily. In fact price traded a traditional short with resistance and entry short in the 93.40 area, with a stop above 95. The long-term support at 87.90 would have had to break that 95 level to restore trust in longs, but this hasn’t happened. The current daily short setup has a first target at 84.50 helping prices lower into that 74.45, which is the first target of the larger short area located at the 110.30 area.

C (last analyzed on February 17th, 2013)
After trading into the that 44.40 level indicated in the last two reviews, price retraced all the way into the long setup in the 40.90 area. Price also briefly dipped below that 40.30 level of stop (with a low at 40.28) when the general market (S&P500) traded into its next measured move long, and then moved higher touching again the 44.40 first target level and continuing towards and hitting the second level at 46.30. If the stocks takes a breather here it could come into the next extension measured move long at 45.75 with a stop below 45.45 and targets in the 47.10 area (1st target) and 47.90 area (2nd target).

F (last analyzed on February 17th, 2013)
Ford failed the sequence of measured moves higher on the daily chart and is definitely under-performing the general market. The 13.20 is a resistance level and if price stays below it a good short would be at around 13.10 with a stop above 13.50 bringing price into the 11.60 level. Above 13.50 we can return back to the 13.90 area of resistance and find sellers again. But if price continues higher the target would be the 15.40 area. I consider current support at 12 a bit dodgy because it come from a non-valid trace, i.e. a retrace that Program Trading would not take into consideration. Unfortunately the situation is still unclear. Price would have found support at 11.60 I would be more prone to think that last week’s rally had legs.

FB (last analyzed on February 17th, 2013)
The stock was pushed higher into the next area of resistance starting at 29.20 but stopped below it at 29.08 and kept moving lower. The first target at 26.10 has not been hit just yet and the 29.20 area of resistance, with a stop above 29.80 is still valid. The targets for the lager move lower is at 11.10, which will be confirmed if price moves below 23.20.

GS (last analyzed on February 17th, 2013)
The correction in the general market brought the stock price down at the 147 area well above that 142.90 area indicated in the last review. The anchor being used by Program Trading to trade this stock could not be foreseen before the fact. The current long setup at 147 has stops below 144.10, and first target in the 164.50 area.  The inner move higher in the last week is showing support at 151.90 with a stop at 150.50. If price stays above the latter level (150.50) the stock can be traded with targets at 159.70 (1st target, previous highs) and then 163.80 (2nd target) helping price into the 164.50 long target.

HPQ (last analyzed on February 17th, 2013)
The bullish scenario that was still open in the last review played out. Price was supported in the 16.20 area and never came below the 15.80 threshold. Price gapped up right at that 18 area (1st target) indicated and traded to and through the 19 area (2nd target). This is a very important development, because now this stock has the potential to trade all the way into 33.10. The next extension long on the daily chart shows support at 20.60 with a stop below 20.35, with targets at 21.60 (1st target) and 22.20 (2nd target). Below 20.35 we could see price retrace into the 19.40 area (with a stop below 18.90) which could bring price higher into the 22.20, on its way to 33.10.

NFLX (last analyzed on February 17th, 2013)
Price is still in that large resistance area starting at 179 and could move all the way into the 209 level. Price is supported by the 174.80 area with a stop below 174.35. This setup has already traded to the 1st target at the 196 area indicated in the last review. If price stays above 174.35 we could retest that 196 area and move higher into the second target into the 206.40 level. Below 174.35 level we could see a larger retrace lower. If you are in a long, let profits run.’

Need to prepare for your trading week or just want to get a different opinion on the financial instruments you follow? Are you new to trading and want to start with the right steps. Do you want to understand more on how I use my method based on measured moves inferred by observing the effects of Program Trading on price and the proprietary Fibonacci Stalking technique for directional trading of index, forex and hedging futures, forex pairs and some high-volume stocks?

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Facebook (FB) video-analysis and trading plan, February 13th 2013 (English Language)

Hello traders,

yesterday I have been working to the analysis of the of Facebook, the well known Internet meeting and sharing portal whose stock (ticker: FB) trades on the NASDAQ.

I think this stock is a sell and price could be coming into a daily short setup in the coming days. Please review my video analysis below:

Although there is not a lot of data for this stock that started trading on May 2012 on the NASDAQ, we can still give indications based on the analysis of the daily chart. The stocks started trading lower right away as it went public and then continued trading in extensions shorts into the 17.55. After that the sequence of moves downwards was interrupted with price piercing the 22.50 level on the upside. The stock moved laterally from August to mid November 2012 and then started moving higher. The sequence of measured moves upwards was interrupted recently right into a longer-term short on the larger timeframe. That resistance and short area starts from 31.30 all the way up to 34.50 and the stock printed highs at 32.49. The stock is currently reacting higher and price could be pushed into the next short selling entry area between 29.25 and 29.80, with stops above 30.50. The targets for the lager move lower is at 11.10, which will be confirmed if price moves below 23.20! On the smaller timeframe targets will be in the 26.20 and 24.50 areas, but given the larger target the potential for this stocks is very large too, with a potential 60% gain.

If you intend to use this information for your trading please do your own diligence, find the advice of a trading professional and trade at your own responsibility. The information provided is for educational purpose only. Please read the Disclaimer and accept all the risks. Thank you.

If you want to get access to trading plans like this one, watch weekly video reviews as I record them, or get information on setups for the Euro-Dollar cross, the S&P500 index and some high volume  stocks (before they happen), please subscribe my newsletter. It’s free and you get additional content, market commentaries, setups, e-books, articles on HFT and program trading (from which I derive my trading edge), learning material and video-analysis that I don’t make available on my blog. You also get a mid-week update like the one I published on November the 7th.

Subscribe my free newsletter to get ideas on setups and learn how I do it.

Thank you for subscribing should you decide to do so. Lots of other people are doing the same.

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Goldman Sachs (GS) video-analysis and trading plan, January 28th 2013 (English Language)

Hello traders,

today I have been working to the analysis of the of Goldman Sachs Group (the guys who rule the world, according to independent trader Alessio Rastani), a financial institution whose stock (ticker: GS) trades on the NYSE.

My job (here) is price analysis and leave politics to others (in this Blog’s context). I think there is a long opportunity coming soon in this stock. Please review my video analysis below:

Here below in the picture is the trading plan for Goldman Sachs going forward. The price of this stock is trading in extensions long at this very moment and the second target of the last long setup was hit around the 143 area.

This is a potential, high probable scenario I see going forward (see weekly chart below):

GS trading plan for the coming days/weeks - January 28th, 2013

GS trading plan for the coming days/weeks – January 28th, 2013 (click to enlarge)

As anticipated, the stock is trading in extensions on the daily chart and has its next long setup in the 136.90 area with a stop below 134.40. If the general market (i.e. S&P500) continues higher, GS could then move along with it into the 1st target at 151.30 and then 2nd target at 158.90.

The 149 area could oppose some sort of resistance and we could see I mild correction before price gets into targets.

If you intend to use this information for your trading please do your own diligence, find the advice of a trading professional and trade at your own responsibility. The information provided is for educational purpose only. Please read the Disclaimer and accept all the risks. Thank you.

If you want to get access to trading plans like this one, watch weekly video reviews as I record them, or get information on setups for the Euro-Dollar cross, the S&P500 index and some high volume  stocks (before they happen), please subscribe my newsletter. It’s free and you get additional content, market commentaries, setups, e-books, articles on HFT and program trading (from which I derive my trading edge), learning material and video-analysis that I don’t make available on my blog. You also get a mid-week update like the one I published on November the 7th.

Subscribe my free newsletter to get ideas on setups and learn how I do it.

Thank you for subscribing should you decide to do so. Lots of other people are doing the same.

Have a good day

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