Technical Analysis for AMEX:KRE Testing Double Top and 150 day moving average. Banks are nearing a resistance level. The KBW Bank Index (BKX) and the SPDR S&P Regional Banking ETF (KRE) have both been on a strong upward trend in recent weeks, but they are now approaching their respective 150-day moving averages. These moving averages are important technical...
Boeing had a big pop from very favorable earnings today. So far there has not been a fade or retracement. The relative strength lines however topped out and then retreated a bit signaling bearish divergence with the lower TF below the higher black TF line. Likewise, the MACD indicator is showing a line cross above the histogram whose amplitude has dropped...
FFIE is part of the EV Sector but marches to its own drum and cadre of investors and traders ( speculators). On the 15-minute chart the MACD has signaled an entry with the green dot. Price is sitting on the support of the intermediate term anchored mean VWAP lines. The low and high time frame RS lines have bounced off the lows and are in good mid-range. I...
NFLX on the 2H chart is rising with the shortest EMA rounding up . Price is now above the POC line of the volume profile showing buying pressure has extinguished bearish momentum. The RSI indicator shows RSI to have trended down into oversold territory. Fundamentally, NFLX revenues have increased with the household password crackdown. Traders and...
I think that the dip is very buyable. Fundamentally, Russia has made the world more dangerous. Shipments of weapons to Ukraine have depleted US and European stockpiles. NATO is in a growth mode as proposed by former president Trump some years ago. While many would like less defense spending and shift it into social spending or infrastructure or clean...
HTF TREND IS BULLISH Price pullback on a daily strong key level Strong rejection on the 1.020 Psychological level We have a reversal pattern on H1 Enter BUY
Hi, The second technical confirmation after the June close (the first one was a previous idea Walmart) came from Mastercard (MA), buy the strength. Almost the same setup as Walmart has. Mastercard is one of the largest payment processors in the world, having processed close to over $8 trillion in transactions in 2022. Mastercard operates in over 200 countries...
Simple price yet useful HSI SMA price cross strategy.
From my previous post on CVNA, you can see that I have an overall bearish outlook on the stock due to a dubious earnings report last week and a share offering that could add 35m shares to the float. I have been watching the 2hr chart closely, which shows that we could be in for a large drop soon followed by a downtrend. This is best illustrated by looking at...
Brace yourself because we have witnessed a remarkable event - the oil price has broken through the MA 200 threshold for the first time this year. Isn't that incredible? This significant breakthrough is a promising sign for all oil enthusiasts and traders like yourself. It indicates a potential upward trend and opens up a world of profitable opportunities....
GOEV does not compete with TSLA. It makes special use electric vehicles including a NASA contract apparently for vehicles to be used upon the return to moon exploration. As a penny stock, GEOV has weak fundamentals coupled with high trader and investor interest. Large capital institutions have a predominant portion of the shares. On the 15 minute chart....
I wanted to bring your attention to a significant development in the BTC market. On July 23, we witnessed the Moving Average (MA) 200 crossing over the MA 20, indicating a potential shift in market momentum. While this may seem exciting, I urge you to exercise caution and consider waiting for a new buying cross before entering the market. Experienced traders...
As a triple leveraged ETF BOIL is highly volatility and typically has a good range even if the overall price changes only a small amount from one day to the next. While these overnight day trades are typically conducted on the 3 or 5 minute time frame, here a 15- minute chart is shown. Because BOIL is tracking natural gas futures and the futures markets are...
NASDAQ:GOOGL has several bullish patterns forming. There is a Bull Flag consolidating, there is inverse head & shoulders pattern, and NASDAQ:GOOGL is above the 150 day moving average showing an uptrend.
Hello, it seems that the market is forming a rectangular pattern in the time of one hour.
This kind of Charts where you really not have much to do you just follow any Moving Average you like to Follow and then Just sit, No need to check of Any Fundament's because if that were had issues then this Chart will share some different picture but this is showing smoothness, A good Follower of 50 MA On Weekly Timeframe. Rest you know the best. Gratify if...
The two similar patterns caught my eye & made me laugh. However, when looking further into it, this is the perfect entry level. Upward Trend Bounce back off the 87.69 Resistance, turning it into a Support Level RSI above the median Stochastic on an uptrend 55 ema went above the 200 ema a few days ago Last time the pair broke this resistance was in March 2014...
XAU last week had a trend up followed by a double top on July 19 and 20. On the @H chart the trend down seems to have included a drop through the basis band of the Bollinger Bands as well as a crossunder the anchored mean VWAP and then further downtrend until price was outside the lower BB. The current candlestick pattern is that of a morning star...