A few warning signs are coming up for Green Mountain Coffee Roaster ($GMCR). On the Daily Ichimoku Chart, we can see the following: 1. From the Chikou Span, it suggest that the price pattern is developing a possible head and shoulder. It is incomplete and if it dip below $42.78 , the pattern wil be… Continue reading $GMCR . Watch the support. $42.78
The Ichimoku chart is showing Tenkan sen support at around 1445. From the Chikou span, /ESÂ price level seems to be forming a top and it may not hold. Failing to hold at 1445 will give us a target of around 1431
$NFLX has bounce off the lows of $52 twice and seems ready for a rebound. However, on the Ichimoku chart, it is stil in Bearish territories. Couple of resistance ahead. 1. Huge gap resistance formed back in July 2. Chikou Span resistance at around $65 3. Immediate resistance from the Tenkan sen at $57 to… Continue reading $NFLX . Will it go above $65 again?