Friday, July 31, 2015
Gold $GLD, Bonds $TLT & Apple $AAPL
The gold market right now is trending lower and I think we are heading towards $1000. We also discussed bonds how we are approaching an important area of overhead supply. Then finally we finish up with Apple and how it’s been dead money for 5 months. I would continue to let it resolve before bothering with it.
Buy Facebook FB at Support Levels
Is this the spot to buy Facebook (FB) shares?
Let’s update our daily chart levels, note a key confluence, and plan trades from the current swing.
Facebook (FB) shares are trending higher as evidenced by price (higher highs and higher lows) and a rising moving average slope.
Following the trend, we tend to look for retracements (like flags) or breakouts to buy shares into a rising trend. (more)
Let’s update our daily chart levels, note a key confluence, and plan trades from the current swing.
Facebook (FB) shares are trending higher as evidenced by price (higher highs and higher lows) and a rising moving average slope.
Following the trend, we tend to look for retracements (like flags) or breakouts to buy shares into a rising trend. (more)
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