FAST moved out of its sideways pattern and gapped, then ran up to a new all-time high. The stock is at risk of profit-taking due to the angle of ascent of the price action and the overextended technical indicator patterns.
FAST is approaching our first resistance at 61.40 (horizontal swing high resistance, 100% Fibonacci extension, ascending channel's resistance) where a strong drop might occur below this level pushing price down to our major support at 55.55 (50% Fibonacci retracement, 61.8% Fibonacci extension).
Stochastic (895,,3) is also approaching resistance where we might...
Hey tradomaniacs ;-)
Chart is wonderfull and could give us a nice signal.
Observe it carefully take a look at the horizontal support plus the trend-support-line. :-)
I expect some profit-safes at this point which could cause a price-drop till the 61,8% Retracement which is the markets favourite golden cut BUY-Signal ;-d
CHEERS AND GREAT TRADES
Looks good from here I, getting high of this company shouldn't be a problem. It may have a small pullback tomorrow or a big A breakout! this does move fast when it want's to! Bullish all the way higher highs!
Boy I hate using metrader on the phone. Well it's not that bad on the S9+. I just hate the autoscreen, same on TV it scales auto every time you open a new chart.
I don't know how high it could get before going down, if it goes down.
I feel bad taking advantage of investors losing money HAHAHAHA just kidding hope it falls hard, while it does I will try finding a...
It looks and feels like MCD will be hovering/consolidating around the $160 mark until more news comes in to spurt growth back into the $170 range. No major recovery from February has really taken place, even with the last quarter beats. Death Cross?
As a company embracing more technology, initiatives have already been taken in the first half to help grow the...
I am reducing the number of coins to up to 2 per week. For that, I am Working on all the alt market to make sure that I provide you great content and coins that are the most likely to go up.
The coin for today is OMG and it offers a great buy opportunity. Due to the mistakes I have made in the past, MACD and other types of moving average does not...