VIS - 13/05/2020
- Bullish trend is still very strong
- Price rise is coupled by higher volume
- MACD and RSI still bullish
- Can hold as long as uptrend line is not broken
Like & Follow:
1. FB page - BullBearBursa
2. Instagram - bullbearbursa_
3. Etoro - BullbearbursaFB
Thanks for viewing,
I'll give my technical and fundamental view briefly;
Technical;
- After the sharp drop from February highs AMEX has under-performed the market - dipping ~51%,
- This compares to an over 80% drop in 2009,
- The dip was followed by the formation of a rising wedge, which normally indicates continuation of the trend preceding the pattern (which...
Stock Symbol: CEI
Getting candle cross on weekly, bounce around previous low.
This is looking like a shift in momentum to the upside.
Accumulation phase
Diversify and use 5% stoploss
----------------------------------------------------
We just realesed our new course! Follow our tradingview page and visit the link in our bio if you are looking for new...
SPX volumes are issued from the 500 spots tickers, this special ticker is made by Trading View.
-Bear divergence on oscillators
-VWMA55 (volume weighted MA) under MA55, same for 144, 233 are getting closer > confirmation of bearish volume trend, when price is going up (volume bear divergence)
-price stoped its progression on the historic channel central...
VIS - Highlighted this morning, another stock with successful breakout from 0.48, widening BB and bullish indicators shall drive the stock towards 0.52. I'm not putting this into my list as well as the stock is usually flushed with wild swing, trend is pretty unpredictable. For those going for contra, remember to see money take money.
AXP is approaching its support at 100.78 (100% Fibonacci extension, 61.8% & 50% Fibonacci retracement, horizontal swing low support) where it could potentially rise up to its resistance at 105.12 (38.2% Fiboncci retracement, horizontal pullback resistance).
Stochastic (55, 5, 3) is approaching support where a corresponding bounce could occur.
XRP may soon return to former glory after news of AMEX Blockchain Corridor (www.coindesk.com). Hop in (or wait for pullback) and enjoy the rise. 15% up as I write this...
If you take a look at this daily chart of TULLOW OIL, you can clearly see some big potential for a move higher.
I personally entered as shown on the chart because my analysis is showing a beautiful lowrisk setup, its a very tight stop, you might aswell give it a little bit more of breathing room, but the reward is very tasty.
I think if OIL prices start to go...
Declines according to tradingview measure tool. Look for a bottom around mid-high .70s all things constant. Needs bullish signal! Backup entry .55-.61 range. Hope this helps if you are long. Just my advice from personal study. Happy Trading!
money.cnn.com
en.wikipedia.org
visa is a short candidate. It is making a triangle pattern. If you see the red dotted line and the light green dotted line then this triangle formation may continue till next quarter of 2017 latest. But technical indicators are weak anyway. Charles Scharf need to sell his VISA stock and options as soon as possible to avoid any loss.
