breakdown on major diagonal support and triangle pattern
MU is in a Trading Range pattern at a new high, and is moving with some High Frequency Trader activity to the downside recently. This stock is heavily traded by Retail Traders.
showing bearish divergence as with weakness. gave tweezer top can see good downmove
AXP has broken through the topping candlestick pattern formation support levels. The stock ran down to a lower support level, then bounced up. Current support is weak to moderate.
I reported earlier in the month that A2 Milk was showing a good formation of a head and shoulders pattern. This week we had a confirmed breakout of the neckline, here is my complete analysis. Price has fallen and closed below 30EMA (weekly). Price has fallen and closed below 200EMA (daily). CCI indicator(daily) is reading 222, which is a sign of strength...
Hello dear traders, Let's keep it simple. Weekly: a/ Market structure: still intact bullish structure, but indecisive at the moment => No trend. b/ RSI: indecisive => No trend. c/ MACD: Under Bearish Crossover in positive territory. => Consolidation. Daily: a/ Market structure: still intact bullish structure, but indecisive at the moment. Breakout...
We previously sold this pair at 50SMA if you look through the analysis available on our profile; it looks like the downside is due to continue after ending last week with a hammer at the Fibonacci levels highlighted. April 2018 low is the overall target.
White candlesticks are small, weak, & irregular in trend pattern. Suspended Buybacks in 2017, reason was too much debt. Shifted into a Trading Range that dropped sharply in Nov.-Dec. 2018. No Dark Pool Quiet Accumulation in the bottom, Small Funds buying caused move up.
update on trade, still bearish looking for the retest of the broken falling wedge. And i cant see a push higher after resistance until we at least get a retest of the trendline. For now staying in the position and considering the current phase as drawback. & we need to keep an eye on price closely for GDP data in a few hours. Right now im trusting our hand, as...
Weekly view shows a downtrend until the end of 2018, then the stock moved sideways in a trend that is not a bottom. Supported by a weak intermediate support level. Could break to the downside with High Frequency Trader action.
In this idea, I'd like to suggest that the 10 simple MA when shown on the Relative Strength Index is a great magnet for bitcoin pullbacks when shown throughout the previous bull trend. We are still a bit high above it here and I am looking for a bounce around the green line marked on the RSI.
ajantpharma is on downside as in chart. its on edge it can be great trade with small risk on downside.
As per chart it shows that we can see more downtrend if it breaks 797 we may see 775- 760 keep ssl 809
After a strong rally to the upside it's hard to see price moving downward, afterall we've bean hearing a lot of possitive news througout the media. But as a trader aren't we supposed to be contrarians? Well after looking at how today ended It could be hypothesised that the stong move to the upside has calmed down since bulls failed to break through recisstance and...
PayPal broke to the downside, then bounced up on a strong upside market day. However, the gain of the bounce is weaker in volume and price pattern than the previous downside black candlestick. It has weak support to the downside all the way to the red line.
Salesforce.com formed a Rounding Top that broke to the downside. However, it did not complete the Rounding Top Formation yet, as it bounced strongly off of previous monthly highs.
Strong break through downwards through support, looking for further bear pressure.
Double tops seldom decline steeply. The current price has not dropped through the top completion level. If it breaks through that support, the target downside run gain is around $78.