MSFT has been trading in a rising channel for the past couple months since the crash in March. It recently broke out of the channel before pulling back. MSFT may now look to use the upper resistance of the channel as a new support as it may continue to move upward with no end in sight for tech stocks.
Good Day Everyone Here's a look at the USOIL from multiple time-frames MONTHLY * as we start with the monthly the usoil has been respecting the Fibonacci retracement structure thus far currently trading at 61.8% Fibonacci level looking for a rejection of this level then continuation to the upside but it looks like the bull are in play as momentum to the upside...
Pretium Resources Inc. acquires, explores for, and develops precious metal resource properties in the Americas. The company primarily explores for gold, silver, and copper deposits. Its principal project is the Brucejack project that consists of 4 mining leases and 6 mineral claims covering an area of 3,305.85 hectares located in northwestern British Columbia. It...
Micron Technology, Inc. engages in the provision of innovative memory and storage solutions. It operates through the following segments: Compute and Networking Business Unit (CNBU); Mobile Business Unit (MBU); Storage Business Unit (SBU); and Embedded Business Unit (EBU). The Compute and Networking Business Unit segment includes memory products sold into cloud...
Although NZD has moved into the top spot, I would exercise caution if taking aggressive trades. I'll be watching for a sustainable breakout above resistance to signal the continuation of NZD strength.
GBP/JPY - Sell - Market execution - We have seen the creation of an ascending structure with three upper trend line touches - A move downwards from the upper structure has created another bearish flag at the channel lows - Price has creeped up to the first significant structure and is now rejecting the level on the H1 timeframe - This confluence is enough to...
Good Day Everyone Here's a look at the USDZAR pair from a multi-time-frame view MONTHLY * Starting with the monthly time-frame we see the pair respecting the Fibonacci retracement structure, we saw a rejection just below the 50 % fibonacci level pushed up to 38.2 % fibonacci level now we are having a strong bearish move on the pair looking for continuation of...
ObsEva SA, a clinical-stage biopharmaceutical company, focuses on the development and commercialization of novel therapeutics for women suffering from reproductive health and pregnancy. The company is developing Linzagolix, an oral gonadotropin-releasing hormone receptor antagonist for the treatment of pain associated with endometriosis and heavy menstrual...
looking or the next impulsive wave down, as we have a 3 touch ascending channel right at the 3rd touch of larger flag.
Ascending Channel approaching previous High (double top). Wait for the reversal confirmation Ascending Channel has 3 touches (3rd one is developing now) Wait for 1h red candle confirmation or if the price breaks to the downside smaller ascending channel/corrective formation then go short. If the price significantly breaks previous high to the upside wait for the...
On the daily we can price moving in an ascending Channel, the middle black TL is a support and resistance, as you can see price has been respecting, we have a nice rejection a day before the end of the market, looking for short towards the Red TL below for a good price to go long, in the overall trend...
Good Day Everyone Here's a look at the GBPJPY pair on multiple time-frames MONTHLY > Starting on the monthly we are still respecting the descending triangle pattern we saw a rejection on the top of this structure pushed down to the base of the structure and now we see a build up with the bulls pushing the pair up, overall sentiment on the monthly is...
Good Day Everyone Here's a look at the USDJPY pair from multiple time frame perspective MONTHLY * On the monthly we are trading in a descending triangle pattern ranging within the structure no straight forward decisive direction on the pair we have a bearish candle forming as we continue ranging within the structure. WEEKLY * On the weekly the pair takes...
Strong selling opportunities at the double top from mid 2019 with the third touch of either ascending channel, which can coincide for extra confluence for the sell with a minimum of 200 pips on the trade
AUDUSD is in a larger flag to the downside after reacting to the double top region from late 2019, looking for sell opportunities at the top of the flag which will coincide with the ascending channel for the long term sell- entries from either the top of structure or first impulse and correction phase for the entry
Good Day Everyone Here's a look at the GBPUSD pair in the coming week from multiple time frames MONTHLY * On the monthly time frame the pair has been trading in an XABCD butterfly pattern that has held up pretty well in the last weeks we saw a big drop in the pound from everything happening fundamentally and a Fibonacci retracement to this drop in the price...
Good Day Everyone Here's an idea on the EURUSD pair a look at the pair from multiple timeframes. MONTHLY * On the monthly timeframe the pair went up and was rejected at 50% fibonacci retrancement level pushed down to bounce just below the 61.8 % fibonacci level currently the sentiment is still long on the monthly timeframe even though we pushed down a little...
Pinterest, Inc. provides visual discovery engine in the United States and internationally. The company's engine allows people to find inspiration for their lives, including recipes, home and style ideas, travel destinations, and others. It shows them visual recommendations based on people personal taste and interests. The company was formerly known as Cold Brew...