Facebook (FB) Here is a very interesting analysis that I have found this past week. As you can see below on my FB stock chart, you will notice three boxes highlighting three different periods. What does this mean? Prepared to get shocked! As you can see on the first box, that move, from bottom to top was $29.11 before having a small pullback. Now lets move on to box number two. From bottom to top, the second move was also $29.38 before having a small pullback. Interesting right? Looks like we have a correlation on FB! Finally, lets look at box ...
DEERE & Company (DE) This stock has been in my watch list for a while; I have been in and out of this stock for about 3-4 months. Let me share my insights with you. As you can see the chart below, DE is in a very nice long term bullish Symmetrical Triangle. This stock is also forming a bearish Butterfly harmonic pattern. Keep in mind, a bearish butterfly harmonic pattern is bullish when it's moving towards the potential reversal zone. As you can see below, the PRZ is at around $109 - $115. Once the price reaches this point, it ...
Talisman Energy (TLM) I have never heard of this stock but it caught my attention yesterday when there was unusual options activity on the call side. I went ahead and purchased the Sept $11 calls and i'm waiting to see if this stock still has juice to run or if it seems to have calm. A nice big buying candle on it's chart followed by todays small consolidating candle. This stock will move big one way or the other but i'm taking my chances on the call side with the big money. Good luck guys! *Click on the image to enlarge*
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