Hi, Strong support 29 - 34 Technical criteria: 1) The trendline since 1989 2) Previous 2007/08 resistance level start to act as a support 3) Fibonacci retracement 62% 4) 50% drop from the recent high guides the price exactly to the green box, acting as a support. Regards, Vaido
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BEARISH momentum and a strong support is broken, sell it!
Chart says it all. We are trading inside a descending triangle, with clear support indicated by the blue zone, and a decreasing trendline indicated with blue. Take a shorth with your own preferred SL/TP. Trading is not about copying but about forming your own opinion.
Hi there. Price is forming a continuation pattern to the upside. Watch strong price action at the current price for buy.
If you are still waiting for the right moment to buy NYSE:KO STOCKS, I believe that you should wait a little more because seems like BEARISH move is coming very soon. If you think that's possible,please Like,Otherwise,i would love to hear your thought. Thanks
Hey everyone, here's the analysis on KO. Hit the LIKE button, follow us & leave a comment on stock ideas you want to see next! Summary: Current price could drop from our R1 zone to our S1 zone, presenting us with a good opportunity to sell. Action: Sell Limit: 45.34 Stop Loss: 52.00 Take Profit: 35.00 Analysis: Monthly trend line was broken and...
KO consolidated with a few whipsaw indecision days, but it is now building strength for potential upside action. KO had a pre-earnings run setup by Professional Traders.
4H Chart Explanation: - Price broke the Descending Trendline. - Price reached our first target on the first Fibo Level. - Price is going towards our second target on the second Fibo Level. Weekly Vision: Daily Vision: Updates coming soon!
4H Chart Explanation: - Price broke the Descending Trendline. - Bearish CCI. - Potential Pullback to the Support Zone before continuing the up move towards the Fibo Levels. Weekly Vision: Daily Vision: Updates coming soon!
Potential buy opportunity Price above the cloud. Thick lchimoku cloud indicating high buying volume. lchimoku cloud has buying momentum. Price & MA disequilibrium. Flat 26 day MA indicating a breakout. Lagging span low momentum price could drop & continue up.
Weekly Chart Explanation: - Price was on an Ascending Channel since 2013. - Price broke it up. - It is on a Bullish Corrective Structure. - If it breaks it, it has potential to move up towards the Fibo Levels. Daily Vision: 4H Vision: Updates coming soon!
Use the low of 0.23198394; use the high of 20.37; project out from there and these critical levels present themselves acknowledge the strength of these gann levels manage your own risk gl hf xoxo snoop