FORM Holdings Corp. (FH.O) for Monday 8/15/2016

 

  FORM Holdings Corp. (Vringo)  (FH.O)  Charts (d-w-m)

  Looking at the Daily chart,  the FORM Holdings Corp. (FH.O) Moving Average Convergence Divergence (MACD) is bearish since it is trading below its signal line.  The MACD crossed below its signal line 6 days ago.  Since the MACD crossed its moving average, FORM Holdings Corp. (Vringo)’s price has decreased 4.15%, and has ranged from a high of $2.33 to a low of  $1.96.  The MACD is not in an Overbought/Oversold range.  There have been no divergence signals within the last 5 periods.   MACD Value:    0.001      MACD Signal Line:    0.034
  The Daily chart is also back to a suggested sell/short opinion/strategy.  However, the retracement numbers are higher … and … the pull back numbers are higher, not lower … once again setting up for a Contrarian Bullish opinion.  
           more to follow ….
 I.   Observation, Analysis, and Opinions (IMHO) of FORM Holdings Corp. (FH.O) (formerly Vringo, VRNG) Daily, Weekly, Monthly, (d-w-m) chart activity through 8/12/2016 close at   $2.08
   The current trend is down and all orders on the short side may be considered.  If already holding short positions, look to take partial profits on any retracement to 2.37. Traders with remaining short positions, after profit taking, should consider placing capital conserving  stops in the region of 2.50.  Be prepared for a potential short term price rally back to the 2.18  area.
Suggested placement of capital conserving  stops:
  If Long — exit all contracts at …      1.96
If Short — exit all contracts at …      2.50

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 Previous related blogs:
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fh 20160812d
  Chart #1 (above, daily, PP-Sup-Res)   FORM Holdings Corp. (Vringo)(FH.O)
  • :: Pivot point   2.07
  •   Support (s1)  2.03       Support (s2)  1.98
  •   Resistance (r1) 2.12   Resistance (r2)  2.16
  •   Simple Moving Average (Close 50):   $2.09    (uptrend)
  •   Simple Moving Average (Close 200):  $2.17   (downtrend)
Additional FORM Holdings Corp. (Vringo)(FH.O) DAILY chart info:
  • Overall, the bias in prices is: Downwards.
  • Short term: Prices are stalling.
  • Intermediate term: Prices are ranging.
  • The upper projected target is: 2.33.
  • The lower projected target is: 1.85.
  • The projected closing price is: 2.09.
Note:  these price projections are calculated from previous trading activity and therefore for reference only, and can be easily exceeded, up or down,  by Mr. & Ms. Fickle Markets.  Sorry, past performance is no guarantee of future similar results.
—–
fh 20160812w
  Chart #2 (above, weekly, PP-Sup-Res)  FORM Holdings Corp. (Vringo)(FH.O)  Currently the Weekly Moving Average Convergence Divergence (MACD) is bullish since it is trading above its signal line.  The MACD crossed above its signal line 29 periods ago.  The MACD is not in an Overbought/Oversold range.  There have been no divergence signals within the last 5 periods.
  •   :: Pivot point   2.13
  •   Support (s1)  1.92       Support (s2)  1.77
  •   Resistance (r1) 2.28   Resistance (r2)  2.49
  •   Simple Moving Average (Close 50):   $2.68   (downtrend)
  •   Simple Moving Average (Close 200):  $18.25   (downtrend)
Additional FORM Holdings Corp. (Vringo)(FH.O) Weekly chart info:
  • Overall, the bias in prices is: Downwards.
  • Short term: Prices are moving.
  • Intermediate term: Prices are trending.
  • Note: this chart shows extraordinary price action to the downside.
  • The upper projected target is: 3.07.
  • The lower projected target is: 0.93.
  • The projected closing price is: 2.00.
Note:  these price projections are calculated from previous trading activity and therefore for reference only, and can be easily exceeded, up or down,  by Mr. & Ms. Fickle Markets.  Sorry, past performance is no guarantee of future similar results.
—–
fh 20160812m
   Chart #3 (above, monthly, PP-Sup-Res) FORM Holdings Corp. (Vringo)(FH.O)
Monthly  Monday 8/1/2016 to Wednesday 8/31/2016
  •   :: Pivot point   2.27
  •   Support (s1)  1.98       Support (s2)  1.49
  •   Resistance (r1) 2.76   Resistance (r2)  3.05
  •   Simple Moving Average (Close 50):   $19.43   (downtrend)
  •   Simple Moving Average (Close 200):  $ —
Additional FORM Holdings Corp. (Vringo)(FH.O) Weekly chart info:
  • Overall, the bias in prices is: Downwards.
  • Short term: Prices are moving.
  • Intermediate term: Prices are trending.
  • Note: this chart shows extraordinary price action to the downside.
  • The upper projected target is: 15.40.
  • The lower projected target is:  0.
  • The projected closing price is: 1.35.
Note:  these price projections are calculated from previous trading activity and therefore for reference only, and can be easily exceeded, up or down,  by Mr. & Ms. Fickle Markets.  Sorry, past performance is no guarantee of future similar results.
—–

-–  Monday, 8/15/2016   thru    Friday 8/19/2016  ——

 Sorry, I had to redo the weekly and monthly charts.   Microsoft appears to be confused.  I bought my computer to use when I want to use it.  Microsoft designed Windows 10 for Automatic updates.  Computer owners get no say in the matter.   It’s not complicated, before Windows 10,  I had control over updates, choosing to update when it was convenient for my  purposes and MY time.  Microsoft did an update this weekend.  Besides taking up all of my CPU bandwidth for the update … much of the work I did after is missing … really aggravating ….  so aggravating this will be the subject of a separate new blog.

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