Here we see a potential for the AUDJPY to break out this triangle formation here, a break from the trend line and an opening of the next interval below the line may see a contnuation of the overall downtrend. This pattern is almost reaching its optimal point, therefore a potential for big movements towards my Target of 71.833. I have added some MACD analysis, to...
The price go to up, but MACD and MACDh go down. 2 consecutives "Three White Soldiers" candlestick pattern (bullish retrasement). Momentum is in bearish zone.
Options expiring 9/19 so there will be some interesting development coming soon. From the monthly chart, it has been stuck in the channel for the longest time. Upper band is 1.1346 and lower band is 1.0827 and equilibrium is 1.1087. 1.15-1.16 is the area to watch where the bulls and bears fight it out. Anything below this level the bears have the upper hand. The...
From the weekly chart, MACD is about to make a gold cross above zero very soon. A proper cross on weekly chart should yield at least $20 (from recent low of ~40 we should see ~60). I expect it to hit RSI70, consolidate (sideways: market will not let you buy cheap again) before heading to RSI80 level. This should bring us to the $70-80 region; which is another $20...
Nyx Gaming Group has just had a 46% price increase in the past two weeks up until its peak. Price is now very overbought and as stated on the chart there are several bearish indications of why this is a good short sale. Also as you can see on the chart, price recently bouced back from the top lin reg line as it did a couple months ago. Price target is middle lin reg line.
As you can see by looking at this chart, price action has been following the upwards linear regression channel. It has just bounced from trading at the bottom lin reg line and is showing several bullish indications as stated on the chart. My price target is around the upper lin reg line (green rectangle). Trade valid until price closes below bottom lin reg line.
Silvercorp Metals Inc. is looking like it is ready to continue following its upwards trend. As stated on the chart, there are several bullish indications that support why I believe this will continue to climb. If price breaks above the mid reg line, I am watching for a price target close to the upper lin reg line around $4.65 - $5.00 Trade valid until price...
$APH, Aphria Inc. has been uptrending for months now. Using the lin reg lines you can see that it has bounced off of the top and has recovered using the mid line as a support. As stated on the chart there are several bullish indications and Im looking for a price target somewhere along the top lin reg line (green rectangle on chart). Trade valid until price closes...
Anfield Nickel Corp looks to be at a great price to buy. Looking at the linear regression channel, you can see it is trading near the bottom of it with several indicators showing price will soon begin to move upwards with the channel. Firstly the MACD is about to crossover to a bullish signal, Then the WaveTrend Oscillator is showing price oversold with a slight...
Could there be a reversal for B2Gold? Bullish cypher pattern with the MACD to soon crossover at an oversold level, and a bullish engulfing candlestick.
Golden Dawn Minerals is showing a lot of bullish signs that it is ready for a potential new high. Support has been found at the 50MA as it has before, and the StochRSI is showing an oversold signal with the MACD about to cross to a bullish signal. Also I like this trade because volume has been continuing to increase and it is showing strength with a large bullish candle.
AUD/USD could not break the last highest high. Now we have a strong MACD Divergence and a breakout really soon. I'll enter my short Position after a Breakout and a Confirmation on a lower Timeframe. Have a great Week, Daniel Likes and comments are appreciated and would keep me motivated
Pure Energy Minerals has been on an uptrend over the past few months. As you can see on the chart, price has been following a trend line that the stock has recently met again. The price has been respecting the 20MA - 50MA during the uptrend and price is currently positioned right under the 20MA, for me this looks to be an area of value to buy for the next move up....
Simple idea. By Carlos Padua. I've had some successes. Nice trades
$NFLX is currently testing the upper resistance, MACD is flat and RSI is level. This could move either way. If it pops and resistance acts as support, buy.
MACD , short for moving average convergence/divergence, is a trading indicator used in technical analysis of stock prices, created by Gerald Appel in the late 1970s. It is supposed to reveal changes in the strength, direction, momentum, and duration of a trend in a stock's price.