NASDAQ Weekly Price Chart After forming a double bottom in late 2022 the NASDAQ bounced and has melted up from its lows approximately 48% confirming that it was more than just a bear market rally. Most recently the NASDAQ has run into resistance (Light Red Box) and has descended roughly 3% past a minor trend line on the daily chart (not shown). Shorter term...
DKNG has corrected back to a possible near term resistence-turned-support @ 26.50 - 26.80. Currently the bullish divergence between it's price and RSI is still intact (will be negated if price dips below its last pivot of 24.95). I would consider to test a long entry for DKNS if it starts to go above the last candle high of 26.89 with an initial SL just slightly...
XAUUSD having bullish divergence on1hr time frame and also beearidh divergence on DXY. Manage your risk Accordingly!
The price reached a resistance level and the price is creating a divergence to thee RSI. The price is going up for more than a month and I expect a pullback. TP1 79.00 TP2 75.80
During my thorough analysis of FORD's 4-hour price action, an intriguing revelation emerged: a hidden bullish divergence, a distinct pattern that warrants attention. This intriguing phenomenon is characterized by the following indicator values: - A price of $11.29 accompanied by a Relative Strength Index (RSI) of 38.96. - Another price point at $11.99 ...
XAUUSD 4hr Falling wedge bullish divergence entry at the breakup of previous LH
The CHFJPY has hit an all-time high, however, a divergence has been identified at 1 day and there is a possibility it may occur at 4 hours, with a double top emerging at 1 hour. Technical analysis indicates that a reversal of the trend is expected.
U had been building a base since Last Sept (10 months in the making now) and had remained above its 200-day moving average since 6th June this year. We also saw a Golden Cross on 28th June. Hence the longer-term picture of U remains potentially bullish except that it has been very volatile since its first attempt to break above its basing neckline @ 42-43 on 16...
A bearish divergence can be seen on both the SPX and Nasdaq (with similar divergences also seen on most of the FAANGT stocks), coupled with the fact the indices are now in the overbought territory, a pullback in the near future could be likely. We saw both NFLX and TSLA sold off after hours despite strong earnings announcements. The market has been running into...
As we see, the oil is very close to resistance level of 82,0 until 83,50. A divergence has formed which is a sign of weakness. As soon as we see that the price bounces back from the resistance we can place a short order with SL the highs of the structure and TP 74,0. We are looking at 1:5 RR which is very good risk to reward. In case we brake the resistance...
The price reached a strong support zone, creating a divergence. I believe the price would reach 15.800 and maybe 16.000. I will trade a 1:2 RR.
Paypal isn't performing well. Previously PYPL was downtrending, but the Relative Strenght Index (RSI) is showing regular bullish divergences forming. Long term we expect the price to rise 185 %. FInal target would be 174 USD.
Double Top RSI first top = 75 - 80%, overbought; led to a pullback then another secondary rally to a lower high where RSI second top = 61%. DYYDD
📈 #DOGEUSDT Technical Analysis Update 📈 🐻 Trend: Bearish 🐮 Divergence: Bullish ⏳ Reversal Pattern: Double Bottom 🚀 Breakout Confirmed: YES 📊 Trade Idea: 📌 Buy Entry: Market order at current price 🛑 Stop Loss: 0.07254 🎯 Take Profit: 0.07847 #TechnicalAnalysis #Cryptocurrency #TradingOpportunity 📈 Trade with caution and do your own research. 💼 This is not...
Get ready for a big dump. Loading bear shares on every gap up. Capping 4600 at top of Bolly band... exhausted. Cup & Handle played out nicely. Guns of August will be blazing imo.
Bearish Divergence on the monthly time frame indicating a big bearish morvment is about to happen. RSI also showing market exhaustion where the bears are taking control Stochastic showing the market is over bought. and the candles on the chart is showing chop and wick to the top side.. indicating bulls loosing momentum and a reversal is imminent.
This is an analysis of BT GROUP PLC - a British telecom company, the following is strictly my own personal opinion and does not constitute financial advice. Key numbers: Dividend yield TTM - 6.47% P/B - 0.81 P/E - 5.56 (currently) Market cap 11 817 MGBP (11.8BGBP) Analyst estimates: Analyst estimate average for BT.A is 188.5 GBX which is equivalent to a 65.42%...
Weekly Chart PAYPAL NASDAQ:PYPL is in the Falling Wedge and can break in this month. Just follow it We have good signals - Divergence RSI - Failling Wedge So wait and see next move