Gary Berman Blog | The FIBOCALL text messages | Talkmarkets
Principal / Technical Analyst
Contributor's Links: The Fibocall LLC

Gary Berman is a member of the Market Technicians Association since 1987, providing institutional clients Technical Analysis Research for over 25 years. Author for the REAL MONEY PRO section of THE

While at Clearview Trading Advisors Inc. provided hedge funds and broker ... more

The FIBOCALL text messages

Date: Tuesday, April 18, 2017 10:26 AM EDT


The FIBOCALL text message trading ideas sent today:

JNJ: 124.69 is first LT support. A close below can be sold. 50 DMA @ 122.79 with 122.03 next support.

GWW: I liked being long GWW with 225.15 as the lower end of bounce zone.  Closed below 225.15 on 4/12 GWW has the 10/25/16 low @ 201.94


FAST: Inside the bounce zone @ 45.22-43.44 now.. Can own SOME here.  A close above the 200 DMA @ 45.67 to add to longs. A close below 43.44 DO NOT add.

CAH: Gap down on news....Inside our bounce zone @ 73.79-71.17   LT oversold in place.. Can own some today. Day 1 of 3 day rule

GS: 217.96 is some support. CLOSE below and our LT bounce zone @ 206.48-194.98   200 DMA @ 203.31

TSLA: 296.80 is first support. A close below is needed for the company stock price to drop off the road 20 DMA @ 286.34

CAB: A close above 56.49 is bullish but very LT OB in deal news.  Day 1 of 3 day rule today... Keep on radar for Thursday.

CLF: LT oversold....Lower low and now UP on day the day.   Would buy some now...add with a close above 7.22   6.67 is some support  (.764 level)

IP: Gaped higher... Above 50 DMA @ 51.61. Can some now or buy/add with close above 51.78 level. Selling zone @ 54.23-55.32

CF: Testing the lower level of bounce zone @ 27.03.  A close above is needed to hold longs.  Can BUY SOME here...and use a close below as a very ST exit.   A close above 200 DMA @ 27.97 to add to ST longs

FDX: LT Bounce zone @ 184.79-180.82 was tested past few days. Can own some here...200 DMA 2 179.95 below also.  A close above 186.86 to buy more.  ST selling zone @ 191.12-193.02 with 50 DMA @ 192.19 inside the zone.

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