As you all know, many of the leading regional bank stocks have been lagging the major stock indexes recently. One bank stock that has struggled over the past few weeks is SunTrust Banks Inc (NYSE:STI). This stock topped out on August 21, 2018 at $75.08 a share. Since that high pivot in the stock, the shares have tumbled and are now trading at $69.09. The company...
Guys I believe that we've got a probable trade on GJ. I've entered around 146.888 , I believe that we could potentially see prices shoot down to lows of 144.500/143.000 . I'm expecting some turbulence around the 146.000 Zone , however if we shoot pass this region. We could potentially see +200 pips on this trade. Let's wait and see! TP: 144.500/143.000
FMWO World Markets Near Term Outlook September 13th This index only prints End of Day on Tv. But it's still useful for a birds eye view of world markets. It was meant to bounce from the lowest parallel. Thankfully for world markets it has done. It should rally back to the 6287 line and then, after a little consolidation, on to the old high at 6359, about...
Range bound. fakeout at resistance now back to support Looking for a breakout in the future, could lead to a more interesting trade.
Gold broke good support around 1208 and came back to retest the region before moving lower. The pattern formed is nearing an end now as we struggle to move past 1198.48 giving potential to more down side movement. Watching previous levels for targets
BITFINEX:EOSUSD presents itself as a candidate for a long setup. Slightly lagging, but moving in line with the likes of ONT, WTC and ICX, following are some of our technical observations: 1. Bounce from a long term support at ~$4.50 with constructive trend in oscillators. 2. Price action suggests closing above short term moving averages (9 & 21 case in point)....
Our pair was fixed under the level of 1.2860 and currently remains under it. Despite the weakening of the reserve currency, we believe that the downward movement will continue and reach the levels of 1.2800 and 1.2745. The price is in the lower range of the Bollinger bands and is directed downward, so we recommend looking for points to enter short positions. If...
The weight of the world has come down on GE. Can it find a base at Fibonacci support levels or are we set for another swing lower?
In my previous post, I was short the DJIA, with the expectation of adding at down trending resistance. I did add, but was quickly stopped out. Now price has broken ABOVE the resistance line, and I'm forced into a neutral position. This means I have no conviction either way, and any trades I take will be 1/3 of my full size. I do not want to be one of these...
Hello Friends, Gold is back at the triangle boundary. Gold is very dollar correlated. Dollar may be continuing to complete its current rounded turn, but it may also suddenly rally through to new highs. Currently it appears gold has a good chance of rebounding and I am currently long again...I seem to enjoy knife catching lol. However, I am using trendlines and...
3 day charts both on REP/USDT and REP/BTC As the platform gears up running on the Rinkeby test net, we see some fundamentals rising in this sector of cryptocoins Augur (REP) will be going live on the Ethereum mainnet on July 9th, 2018. Augur, known by most for being the decentralized “betting market”, is more than just that – it is a decentralized prediction...
Over the last few months a clear consolidation pattern has emerged. I'm fairly optimistic about our chances of retesting resistance later this month.
Hey Guys, I believe we've got a short on UJ. Minimum +300 pips to the downside. Let me know if you're trading this as well! TP: 107.500/107.00/106.00
SELL 72.00 SL:=73.1. TP:=66.10
Bitshares is moving alongside EOS, and has the ability to use its Dex within the EOS system environment expecting big things here, we gotta long way up to go again so rewards are good and the risk is low possible entries 2700 and under, watch bitcoin price for further push down on BTS price www.futuretechpodcast.com
GDOW Global Dow (USD) Step Up The Dow Global has made a similar pattern to the Dow itself with a double bottom at 2970, the second bottom picking up the longer term parallel. Since then it's got itself trapped within the same triangle formation we see on the Dow, still using the lower parallel as ultimate support on down-side tests.Whilst it continues to do so...