The CCI crossed above +100 in the last couple of days, and this is a good way to find stocks that are in the beginning of strong moving trends. The CCI has also reached an all time high, extremely bullish, and the price has gapped up over previous highs turning those areas into support. When the chart is moving fast like this, using the previous highs that are...
COULD BE AWHILE BEFORE TARGETS ARE HIT AND PULL BACKS WILL OCCUR! THIS IS A MAJOR SWING TRADE SMALL STAKES, REAP THE BENEFITS!!!
Hi all, Potential trade setting up on GOLD. Target - Recent Lows. See chart for more information.
GPC has spent most of 2014 in consolidation. The high of February proved to offer very strong resistance and price tested it a couple of times before finally breaking through. Once resistance had turned into support the uptrend has continued with some momentum. On the daily chart there was a bit of stickiness around the $100 figure but now there is no specific...
After printing a high earlier in 2014 CPA has been heading down. It found some support at $100 and the weekly 200ma initially but now price has broken below this level. The move on the daily chart, since breaking below recent support and $100, has been quick (with a succession of bearish bars) and price is now approaching the pivot high (from 2012) of $86.50. We...
NKE has cropped up quite frequently on our breakout lists lately. It doesn't have a very linear history (pullbacks tend to be too deep for most risk management structures). But since breaking above the $80 mark it has offered several opportunities to buy. The October pullback was not too deep, remaining comfortably above the daily 50ma. Once price broke $90 NKE...
MDVN is looking good for a buy on a long-term strategy. The pullbacks can get a little deep, so this needs to be taken into account. This stock has been a little sticky around $90 and $100 but now price has broken and retested the figure (with a nice flag formation on the daily chart) we could see a more linear bull trend develop.
FTSE 100 Index at all time high. Breaking up the ascending triangle may set a bullish move.
I was encouraged to look at shorter time frames - including the 4-hour - to see trends in the Bitcoin. It is a good practice and I generally do look at time frames down to about the 30-minute. As you can see by looking at the 4-hour Keltner Channels the top of the channels is around $506.45, so you may not want to get too excited by the recent price movement...
Bitcoin is in process of moving lower. You can see this pretty clearly and simply by looking at the 50 Day SMA, 100 Day SMA and Keltner Channels. Essentially this is an action-reaction process. Looking at the March-April time period the Bitcoin price fell below the Keltner Channels (most or all of one candle body) for 17 days. During May and June the Bitcoin...
So we've just touched the 1 day 100 Moving Average on all exchanges. Traditionally it could be a place where we do the hokey cokey for a bit, but given the circumstances with RSI being very high and the OBV OSC divergence we've seen for the last 3 legs up here - I believe it's time for a retracement. We are currently in the 1 day cloud and have come close to...