sl-wk

sl-wk

Purpose This analysis is meant to provide a long-term outlook for equity markets. I also use this to support my data-driven, long-term investment decisions. Sharing this with the public helps me avoid one of the most common mistakes investors make in the market - missing the forest for the trees. Table of contents Central banks policy Economic growth...

sl-wk Updated 

NYSE:YELP Yelp's all major timeframes are tempting: weekly: it has recently broken long-term resistance. Now it is being tested. If it holds, there is a potential to go much higher. daily: holds support at around 39.70. Great volume pattern - a pullback on declining volume. 15m: the volatility is contracting, accumulating energy for the next move. The...

sl-wk Updated 

NYSE:PBA Energy has not been the best performing sector recently. However, the Oil & Gas Midstream still looks decent. PBA is one of the stocks from that industry that has a nice-looking chart. Trade characteristics: it's right on the long-term resistance that was broken and the price now clusters around it volume has been declining steadily, picked up 14th...

sl-wk Updated 

NYSE:BAX Interesting setup in BAX - it was in a huge long-term downtrend that was broken in the second part of March. It's now digesting recent gains. The volatility is contracting, so it is slowly accumulating power for the next move. My plan is to go long when the price gets above the recent high VWAP with the stop loss below Tuesday's low (13 Apr), when it...