While last uptrend in the last days broke downtrend triangle, we are all expecting the new movement direction. IMO two main possibilities (checking daily chart) are: A) Uptrend to 740-750 area if 540 support holds. RSI and CMF trust in it. If so, we would be in a correction of the last uptrend and a gap would be present in the next days (maybe 1-2). On H4, MA200...
This online retailer topped aorund $407 after huge move from low $40s and after series of dissapointing earnings reports entered into down channel. Yesterday, it failed to hold above previous high of the day at $330.88 and closed near lows. By chance there is 200 EMA at $330 which Amazon broke down with conviction in the beginning of April first time since April...
It seems the Head & Shoulders reversal has failed and we've just gone sideways instead. This is much more attractive on 1d candles, and looks like we're setting up for a breakout at some point here. News will need to force us through resistance on high volume and we will need to close above the trendline. StochRSI is bottoming out here as well which is perfect...
I used the arrows to highlight the areas in which we have seen the crossover between the MA-50 and EMA-15, coupled with high volume, rising RVI, and overbought RSI. I don't believe anyone should actively attempt to short here if holding bitcoin is your objective, however I do believe we will see a final buying opportunity very soon here before the ultimate run...
Whirpool sitting on its 200 EMA , below all key moving averages. It found strong resistance at $156 (tripple top) and starting from there sold off aggressively then price retraced to moving averages in very controlled manner. On 27 of May selling in stock resumed and now we have few inside days to absorb this big, red candle near lows in front of support. I put...
The Euro has reached 1.3670 and spiked up last hour. A break bellow 1.3640 could trigger a fall back to the previous lows.
The EURUSD is now walking on a thin rope. My technical analysis tells me that it is still a high probability to see a bounce from this area. It is true that fundamentals are signaling bearish. So careful careful careful!! I believe that only a break above the "holy" 1.3730 would trigger a bigger rally, while a drop bellow the 200 EMA would clearly be a bad signal...
21-05-2014 shows a long wick candlestick touching a possible support (from 03-02-2014) and EMA200
As much as I wanted to see my short position work out, it looks like you can't fight the trend. Logarithmic + Pitchfork, nice channel eluding to $5500+ on the next peak. Also shows that we're at the bottom for now. RSI also shows we recently hit a low point, which coincides with the beginning/transition of every other bubble we've seen thus far. EMA / MA...
there are 2 dimensions supporting long position on the stock 1. from fundmental point of view the company have high piotrosli f-score of 8.39 (9 is max) and and 2+% dividend which is sort of safety cusion 2. from technical point of view the company broke up a triangle with a big than usual volume and a high green candle + the short term EMAs crossed...
The fibonacci retracement is in place in order to show the price levels that this has followed on it's way back up from the initial dump and the overall downtrend. MACD Oscillators show that we're in the same position as the last big leg down. Stoch RSI confirms that, as well as the positioning of candles and the 50 SMA, and 10 EMA. The 50 SMA aligns with the...
Reasons are posted inside chart.
The stop is adjustable, pattern great and another 200 ema break channel bounce
Quality Name first test of the 200 ema
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