Category: Forecasts
BIDU is starting to show its hand here. My forecast is still calling for an upside target to threaten the $200 level.
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PCLN has made some great strides lately. My forecast of an upside target of $600 still stands.
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TEVA may be poised for an upward breakout on the heels of a two-year bear market. The reversal pattern appears to have unfolded as a Rounding Bottom whose base is an inverse Head-and-Shoulders, as is often the case.
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The chart of
Mitcham Industries (MIND) sports a hot-looking pattern portending further upside in the coming. However, the recent gains are currently being consolidated.
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When it comes to SCSS, don't be a 'home gamer'; Let the knee-jerk reaction and counter-reaction play out before you act.
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ISRG is poised for continued growth in the coming months. This is evidenced by the price pattern, the underlying momentum, and the fractal reinforcement.
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A Cup and Handle appears to have formed on the daily chart of LNKD. The breakout is underway.
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The smaller-degree Head-and-Shoulders pattern has certainly fulfilled its downside objective with pinpoint accuracy, putting the odds on the bulls' side, at least in the short term.
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FFIV is poised for a major breakout in 2012.
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The chart of the GLD suggests that a falling wedge is forming...
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