1. Change in the regression trend at day timeframe, 1st Dec 23 It occurred with Gap formation, which will act as good support 2. Another Regression channel can be observed at 1hr time frame 3. Spinning Top Formation at the weekly timeframe, implicates bearish sentiment in the last week's price movement Another "change in the trend" is expected
NYSE:JMIA This overreaction is the best, we have so many things we can't wait to share with everyone. First we have a massive gap after the overreaction upon earnings, many of which are bought right back as every reaction is an over reaction. ( We're sure JMIA would meet the necessary in order to be profitable. ) Second, on the 15M chart we have a ascending...
There is a 9% price drop until the next support is hit. Most recently on Friday the support at $10747 was hit and there was a slight bounce. The expectation is now some sideways slightly down action. If there is a 50% retractment to 11k it would meet expectations. The green lines on the chart is the daily gap up and shows support. The next support is at the...
#CME Bitcoin chart has a unfilled gap since January 27th, 2020.
ADBE Gap analysis. Strong gap. It did gap abover 100 SMA on daily and holding that level pretty good. Possible to test ATH before earnings.
Volume lessens on rising prices, increases on downdrafts. RSI divergent. Small caps have reached .50 Fibo retrace off September's lower high. SP500 and Dow have a gap to fill down to the 0.50 Fibo. Three-day rally feels like a B wave, chaotic and widely fluctuant. If so, expect C wave down to the gapfill at the breakout point from Cup near 26300/SandP 2942. A...
As we anticipated, the support level of 11 861 held the price pretty strongly for the entire session and didn’t allow sellers to go any deeper. The gap was then closed and the intraday trading closed priced 11 918. Important zones Resistance: 11 861 Support: 11 735 Statistics for today Detailed statistics in the Statistical Application Macroeconomic...
+Bearish Divergence on RSI +DMI/ADX crossing ***This information is not a recommendation to buy or sell. It is to be used for educational purposes only.**