We've asked our friend Jim Robinson of profittrading.com to provide his expert analysis of charts to our readers. Each week he'll be be analyzing a different chart using the Trade Triangles and his experience.
Today he is going to take a look at the technical picture of THRESHOLD PHARMACEUTICALS. (THLD)
THLD made a big gap up off the low which turned the Monthly Trade Triangle up.
Then THLD made another big gap up on the way to the last high.
The big gaps up are bullish as they show the strong demand for THLD.
THLD has consolidated in a Head and Shoulders base and is probably just breaking out to the upside.
With a MarketClub Chart Analysis Score of +100 THLD is definitely in a strong position and one to take a close look at.
I hope you enjoy the chart and commentary !
Thanks,
Jim Robinson
Profit Trading.com
Garbage Stock VIBE might actually be time to grab while going down to half cent
company could bounce upward so maybe good chance to buy on margin and play a wait and see
hello! my regards to you all - soad from libya .
I kind of like the aapl $ 615.00 call July 21st up to $7.25 I believe AApl has a long run coming up. The Jobs market DOS not deter this stock for trading
unconfirmed and dangerous in the macro environment of next week... Sep 130 spy puts are far more certain
I have to agree. I have PUT's in spy also.
My FB trade went great for a 5.50 profit. I got back in on Friday which was a Daily green triangle. This stock has some really good upside potential. New Put's in SPY last week on Thursday after the holiday and Friday i got confirmation with a daily red triangle and a nice day today Monday. 🙂