Sell FX:AUDUSD after break out blew Symmetrical Triangle Consolidation for last 7 days, which created a perfect symmetrical triangle. So, price could break out above the desceneding trendline or break below the ascending trendline. Because market sentiment if Bullish for USD; I will sell if price breaks below ascending trendline Daily Last Candle closed inside...
FX:CADCHF The price has come back to the former resistance levels and demonstrated some hesitation by producing double spinning tops. Combining that with stochastic and RSI being in the overbought, I say it is a good time to sell it.
JLL yesterday gapped up on higher volume and a good earnings report. But it hasn't yet comfortably cleared the recent pivot high of 2nd April. I last looked at JLL 5 months ago in November 2014. The analysis suggested price would be heading higher - which it has done. But some of the pullbacks have been a little deeper than a trend trader would have liked -...
FTNT only has data going back to 2009 and has been in consolidation for the majority of that time. However, it has a good volume of stock traded on a daily basis and is nicely priced at below $50 (making it cheaper to trade than more expensive stocks). Since breaking out above the 2012 pivot high ($28.82) in December 2014 price did retrace to retest this zone...
MNK is not a stock I would normally consider as it only has data going back 18 months or so. However, it has been trending up that whole time and, since passing the $100 figure, has begun to trend well. Prior to breaking above $100 the pullbacks were quite deep - frequently breaching the daily 50ma. But as price approached, and tested, this zone the 50ma began to...