Sentences with phrase «bottom of the pullback»

Similarly, we always take the same approach on the long side when buying pullbacks of strong stocks; we wait for a pullback to form some sort of reversal pattern before buying (rather than trying to catch the bottom of the pullback).

Not exact matches

«Here's the bottom line: the cloud companies have some of the best growth rates around, and their charts, as interpreted by Bob Lang, suggest that stocks like Salesforce, Workday and Red Hat could be ready to roar once again after a nice pullback just last month,» Cramer said.

Since Salesforce has shown signs of recovery since its pullback, including a bottoming «W» pattern that suggests the stock could go higher from here, Lang felt strongly about its trajectory.

They're buying toward the bottom end of the range of the past 4 months ($ 1303 - $ 1366), looking for at least a pullback to at least $ 1337 — the 50 % retracement level from the 4/11 $ 1365 high to today's $ 1310 low.

Bar 14 - Breakout pullback buy or long, always in long after double bottom and consecutive bull bars, but bear bars, possibly sellers above or probably sellers at the high of the bar scaling in higher

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Pullback to 1.0100 to reach next short term cycle bottom on 4 - hour chart could be seen in a couple of days.

A break below the channel support could lead to a pullback to the moving averages» dynamic support levels at $ 4500 and $ 4400, which are also around the bottom of a longer - term channel.

A pullback to bottom of the channel could be due and the Fibonacci retracement levels indicate the next potential support zones.