Just my thought as a non-experienced investor so feel free to share your ideas with me since I'm trying to learn. Steady support line and decreasing highs. Possible alert for when it cross the decreasing resistance line for a breakout.
Just my thought as a non-experienced investor so feel free to share your ideas with me since I'm trying to learn. We've seen a breakout of the ascending triangle, positive volume confirms the bullish trend. Reasonable assumption that it's going to chech the support line at 140 to try reach 160ish. Maybe it could go 180, which is an historical resistance, but it's risky.
Just my thought as a non-experienced investor so feel free to share your ideas with me since I'm trying to learn. Even though we saw a double bottom, we need to have insurance that it surpasses the resistance level. The buy volume follows the uptrend but still it might stop 60 and it might get a Death Cross before it gets there. More momentum is needed.
First thought as a non-experienced investor so feel free to share your thoughts with me since I'm trying to learn. Considering the volume, it could be predicted a bullish trend with some pull back during the climb touching a raising support line. We can see an triangle ascending triangle with a breakup suggesting it's a good time for an investment and we could...