The "S&P 500" did not close Tuesday at the lows of the day and also closed above the EMA 50 on the daily chart. The "Russell 2000" small-cap company index ended Tuesday unlike the large-cap US stock indexes with a higher close. And US President Trump floats a complete repeal of the Dodd-Frank bank regulation act, which is very bullish for bank stocks. All of these...
XMR appears to have formed an inverse head and shoulders after it's multi-week consolidation from all-time highs, which signals that the bottom has been found, and a retest of the all-time high is possible. If .0265 is broken, the head and shoulders pattern will be invalidated (and form a lower low), so that's a good place to set your stops. Otherwise, hold for a...
This is looking interesting. Not much to say: RSI divergences developing, with the stock down 45% since March. The selloff seems fairly exhaused. Nice risk reward, if you put a stop at 4.79 and target at 5.27
Couple of nice bottoming tails on the Jan and Feb monthly bars. Squeezing in March so far. Major support at prior resistance around 33. IF it breaks and holds $40, then look out it could go on a monster run.
It seems that the price has come down sharp and a lot. I assume that bottom is very close, at around 1270 levels.
It is because:
1. Harmonic for break out (marked in grey arrow)
2. Fibs retracement of 1.618 of A-B move
3. Long-term impulse leg fibs of 61.8
Therefore, 1270-75 is a strong level to buy back this one.
Oil currently is its last stages of the decline that started in the summer of 2013 and it will place a bottom within the next few weeks. It is declining now in Minute wave v "which will be a 3-wave decline" where Minute waves i, ii, iii, iv and v represent the ending diagonal wave 5 of wave (5).
We are expecting wave v to over-shoot to the downside of the ending...
There seems to be some calming down of this and flattening of the downtrend.
Big vol spikes on up movements in price over the last 4 months, and the volatility is subsiding.
This looks like it could be a double bottom, I put my stop entry price at 1.61 because the last breakout failed and it was 7c higher than the previous high, so 1.61 is 10c higher than the...
A beaten stock with a proven drug and some financial challenges, but a lot of potential
Looks like a possible IHS ...but in the very very early stages...!!
Positive divergens on MACD
Time will tell as always
Safe trading here ... nothing is proven or confirmed yet highly speculative!!
@BLawrenceM
Please leave a comment if in the mode ;)
I'm more active on...
AUDUSD is making a tradable bottom on the weekly chart as seen by the RSI, Stochastics rising off overold levels. The weekly MACD blue line is still sloping a bit down, but appears to be in the early stage of flattening. Significantly, you can see AUDUSD having found support close to current levels in early 2014 and early 2010. AUDUSD broke briefly below this...
NEWS UPDATE: Paypal (eBay) to accept Bitcoin.
Paypal division Braintree (Uber, Airbnb) "plans to announce that its customers can start accepting Bitcoin"
recode.net
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We reached a new intra-day bottom or even the new bottom for this week? The lowest price was 456.3 US Dollar on Bitstamp
The "Short-term...
The fat red brownish line is the Gann fan trend line from the last swing low (July 2013 at $63) to the last swing high (November 2013 at $1163).
This is the line which - surprise - happened to be the current low at $442. And it's the line where I hope Bitcoin is nearing the bottom of the current downtrend channel which started at $597. Maybe the BTC price stops...
Inverted Head and Shoulders is forming.
Look for a safe long trade entry after the H&S confirms by breaking + retesting the red neckline.
Potential for less safe trades in the meantime are indicated.
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