The possibility exists that we're slowly approaching an MA crossing on the monthly chart. If it does and it holds, get ready for some serious pips. This is a monthly chart though, so give it time to develop.
The 10,20,30 moving average crossover (circled) and current price still below the 200 EMA (thick red line) on the daily has me short term bearish. Mixed longer term since Disney is been a beast on the weekly chart (not shown). But on the daily chart this is a nice rally to sell hitting the 10 MA today maybe the flat to lower 200 EMA later for more selling. If it...
A long position Aud/Usd offers an excellent RR-ratio at this time The pair is close to support of previous lows around 0.725 and a turnaround or continuation of the current bullish scenario could target previous highs above 0.7430 The pair has held just above 76.4% Fibonacci retracement level of the previous move up and this is not an uncommon level for this...
EURCAD has been in a steady uptrend since the end of April, there was recently a false breakout of the 0.382 Fib extension and has since crossed back over and closed above it for the past 4 sessions including a pin bar rejection on the most recent session. Most importantly, the 50MA has crossed sharply above the 200MA for the first time since November 2012....
We are in a crossroads between major trendlines here. This forms a triangle pattern on which you can apply fib-time lines to predict a breakout (0.764 fib-time). I added some interesting levels and other trend lines aswell. How to trade it: Depending on what side of the triangle (bottom / top) the price is closer to while approaching the 0.764 fib-time, you can...
Breaking through this wedge could send AT&T's stock to about 38.50 in the short-term and about 42.50 in the long-term. The 50 day MA is in the process of crossing over the 100 day MA, which could be just what this stock needs to push the price through this wedge pattern. The last time this pattern was set up in mid 2010, the price jumped 15.68% from 25.50 to 29.50...
An all-time breakout is a close above the 183.51 high in December 2104
IRWD looks just starting to bounce RSI Bullish crossover Bullish Engulfing on huge volume at long term support. Stop loss below today's low.
TWTR is flawed deeply from a fundamental standpoint with terrible monetization. I think that spills over into the technical analysis. I have only found 1 trend that it adheres to, nevertheless I have never seen a chart this easy to follow. On a weekly chart TWTR's trend switches almost immediately at the crossover between 9MA and 9EMA
A clear head and shoulders pattern has appeared. Target $56 by September Moving average crossover and acceleration bands correlate strongly with head and shoulders pattern. Possible long term short if it hits neckline
NZD/USD Is on a good down-trend, I am already short on this but I would recommend going short from this area. I would put my stop loss at 0.73175
Bullish Piercing Candle at support on above average volume at channel support with momentum divergence. We had a higher low recorded on the MACD histogram as well. I am looking for HAL to retest its next resistance level at $70. With stop losses below the low of Friday the trade gives you a 1.5R.
After producing a stellar quarter back in May, $TSL has erased nearly all of its gains (40%). After bouncing between 11-13 in the summer months it seems that stock has found a very solid base in the low 11s. After almost dropping to $10 we have seen price action test the ascending downside trend line multiple times and it has held strong. The MACD also has made a...