Wolf

An example of how even when prices start lost can find trends.

NASDAQ:ARIA   ARIAD PHARMACEUTICALS INC
47 0 2
In a what appears to be a psychological game, investors seem to find what can be found left to start looking for support and resistance lines.

Starting in October from the big price plunge. The first orange trend line was made until it found the blue resistance line, which was an old trend resistance line from 2009 to 2011. With the correction made, it followed the classic 61.8% Fibonacci level, followed by a break up, pull back, and then it hit the resistance level from the last trend line before the plunge.

And for now, it broke the past 2 month trend, so it seems like it won't make another head and follow the latest orange trend line I drew.

So I think it will move a little bit below the red line before continuing going up.
Ideas Scripts Chart
United States
United Kingdom
India
España
France
Italia
Polska
Brasil
Россия
Türkiye
日本
한국
Home Stock Screener Forex Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators For the WEB Widgets Stock Charting Library Priority Support Feature Request Blog & News FAQ Help & Wiki Twitter
Private Messages Chat Ideas Published Followers Following Priority Support Public Profile Profile Settings Account and Billing Sign Out