NVAX popped today for a price jump of more than 20%. Canada agreed to pay out on a contract for COVID vaccines it now does not want in the amount of $350M. This is hardly enough to the fundamentals of the company overall. So the question arises, have traders and / or investors overreacted to a one time bonus which is essentially revenue without overhead...
After arriving at the 200 EMA, Gold has made a bullish RSI divergence on the daily chart. This could act a possible consolidation area or serve as the beginning of a fresh up move.
NZDJPY is moving in an ascending channel. The market has reached the major resistance level. The market created a divergence at a major resistance zone. The price is near the 89.000 psychological level, and if it rejects the level, then we might see a massive drop from it
Short infy with sl above1336 1) Bigger trend Down 2) Divergence Check 3) Small trend losing Momentum
Bullish Divergence has set the trend and price will continue upward above $100 for the rest of the year into 2024
TECHNICALS - HIDDEN BULLISH DIVERGENCE - Procter & Gamble has formed a nice Positive Divergence or Hidden Bullish Divergence pattern on the Monthly chart indicating upside momentum on the chart STRONG SUPPORT LEVEL It has also Reversed Twice from a Strong Support zone which had earlier acted as Resistance level indicating further upside potential for...
If price manage to break the falling Wedge . the price can easily reach the target after a little correction. 🌟 Bullish signals in the PRZ area are: - Support zone - Pivot yearly - Bullish Channel - falling Wegde - bollinger band - 5th Waves ⭐ and the bullish signals of market momentum are: - Regular divergence in MACD ➡️ Note if the PRZ is broken downwards...
Hi every one U.S. DOLLAR / SWISS FRANC chart is speaking it self!! the USD/CHF has finished It's first five waves of Elliot wave principle movement (12345 Impulse wave) and now It must begin the ABC correction wave! there is also a falling wedge pattern which means that the price would increase and the price has already broken the pattern! the price now is...
Hi! Here I would expect to see a good downtrend move. Sweep of the structure point at the top, 3DP + divergency.
So far, the pullback is still a correction within a larger uptrend, with strong support around 14185 - 14385 region. Potential bullish divergences have been forming between price and RSI on the daily chart which could cummulate to a short term bounce soon. However, any reversal from a divergence is usually accurate for short term (2-3 candles on the average)...
OMG has seen a very bullish week after 3 months of selling. BTC saw a break out and OMG followed. This analysis assumes that OMG has bottomed and will not see new lows in the future. This idea is supported by the fact that OMG lost over 97.5% of it's ATH value and is currently seeing a bullish divergence led reversal. Target at the all-time highs, around 20. Stop...
Bullish Divergence formed on UK100 30mins, place your buy stop or wait for LH to break. Manage your Risk Accordingly!
If price manage to break the falling Wedge . the price can easily reach the target after a little correction. 🌟 Bullish signals in the PRZ area are: - Support zone - Pivot - Bullish Channel - falling Wegde - bollinger band - 5th Waves ⭐ and the bullish signals of market momentum are: - Regular divergence in MACD ➡️ Note if the PRZ is broken downwards with the...
To obtain this information, we need to look at four things: -Fed Rates: The Federal Reserve's interest rates decisions can have a significant impact on financial markets and the overall economy. -US5Y (US 5-year Treasury bonds): Yields on US 5-year Treasury bonds are an important measure to assess market expectations for short-term interest rates and investor...
Divergence was found with a double top so the chances are it would break the bullish trend and go down.
EURUSD recently was in strong bullish momentum. But currently it seems like a bullish momentum is fading. A deep correction is also due after such strong impulsive move.
1st - Bearish Divergence: RSI & MFI on 1D & 1W chart 2nd - Wyckoff Method: Distribution TR phase C (UTAD TEST) more pronounced in the 4&1H charts. Analysis: There seems to be weakness in the stock, and despite the recent highs and uptick in volume the exhaustion can be seen per the TA presented. BUT REMEMBER, the AI craze is still on going and this could be...
Two weeks ago, I published a bearish trading idea on NASDAQ:AMD saying that I would go short if it broke $115.80. Apparently it didn't break, so didn't take any trades. Here is the link to that post: This week, we have an interesting scenario. Its a double top on daily chart and an outside bar. Additionally there is a divergence on stochastics. On weekly...