BUY Signal: Any move on high volume punching through NOK 15 and especially NOK 16.5 represents renewed positive momentum in the FUNCOM stock. --------------------------------------------------------------------- The top 20 owner list in Funcom has been dominated by active traders selling off after the recent NOK 25 peak that occured after Funcom announced that...
Not much to say here!!! check out the linked (related idea) for a full overview of this trade and why its time to buy now. But basically, based on my last analysis for USDCAD the price broke the 1.3150 supply just like I had projected, went all the way up to around 1.3250, 100pips away from our final target, and came backdown to our 1.3150 (now) demand zone to...
I see a monthly falling wedge pattern, and a nice single candlestick reversal formation at a key monthly supply zone signaling a possible reversal. Taking out my fibs from low to high I get some confluence at the monthly 110 zone most likely a 61.8 retrace and shoot up giving us about 600-1000 pips.