Does Tesla have enough steam to continue? Watch for a confluence within the indicators and of course I find RSI most important, watching for it to stay above 58. This is not trading advice.
Interesting to see how the S&P 500 seems to have made its decision on a bullish note (actually on second thought, volume of Spy was really low today, could this be a double top?), and yet the DJI has not yet done the same by breaking out of its pennant. Is DJI lagging or is the S&P 500 ahead of itself at the moment? We will see.
Following the nasdaq that created the historical new highs, The sp500 also is pushing up.
The market is testing the recent highs few times and if there will be a break above the structure we can set a nice long order according with our strategy.
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Follow the Shrimp 🦐
Here is the Plancton0618 technical analysis, please comment below if you have any question....
From our last EURUSD analysis on June 8, we expected the price to continue rising after making a correction.
Yesterday shows us that this correction is probably over and we are already expecting the rise to higher values!
The levels we expect to be reached:
- 1.1425 (10 June 2020)
- 1.1487 (8 March 2020)
- 1.1553 (10 January 2019)
CFTC positioning data showed...
NASDAQ recovered to 98% of its highest values!
We have the virus event, the stay-at-home orders, and now the riots and protests. Recently, the National Guard has been called out to support local law enforcement and to protect people and properties. From our perspective, the situation is very far away from stable economic activity/growth supporting current stock...
PureGold's first production of its under-construction Red-Lake mine is expected for late 2020. Jeff Clark, a famous precious metals analyst, often quotes that empirical studies suggest that there is a 90% probability of a 90% stock-return during a mine's last year of construction.
For those that have been following my analysis on ATVI, you'll take note of how he price passed through the highlighted zone and bounced out in the upwards direction in the area I marked a couple of weeks back. With earnings coming in tomorrow, given the fact that COVID-19 has kept people home and the kickoff of the Call of Duty World Championship, I expect an...
Do you think the GOLD rise is over?
Do you think a downtrend has started?
Look at this chart and fallow our analysis.
The rise began in December 2015.
n 2019 and early 2020 we saw a sharp increase of over $700.
The decrease from last week is down to 38.2 per Fibonacci of this movement. This is a completely normal correction, after which we can expect new higher...
We have new higher levels this morning, which is not reached since 2013.
So far, the movement is definitely up,
the next resistance levels are:
$ 1681
$ 1688
$ 1690
I believe it's going to come back down to this dynamic level of support then shoot back up and maybe break this level of resistance for a new high.
Not financial Advice do your own research!!!! HAPPY TRADING AND HOPE EVERYONE HAS A GREAT WEEK.
It reached highest levels since 8 years and continue growing.
Next target we expect is $ 1650.
If the price breaksthrough above $1650 the rise will continue until $1662 level.
There is no signs at the moment to reverse the movement, but just possibilities for a little corrections and additional buys.
I really want to see US30 at 30000 to make it the newest highest high!!
I have made 2 correct analysis for this pairs and 1 losing but it doesnt matter. Part of the game is learning.
I am looking for a buy if price has broken through the resistance and retested.
Strong uptrend, 50EMA (Black) tested by bears but bulls won. Twice.
I have attached previous analysis...
Price approaching to previous highs, looking for a break of the resistance to push price up to 30000 making it the newest highest high.
I will open a buy if price has broken the level and close above, looking for tp to 30000 or nearest.
I will open a sell if price doesnt break the level and closed below.
Once price has reached 30000, there is a shorting opportunity.
Our subscribers are now up over 60% since we first recommended $OESX back in June. $OESX made new highs on Friday and we think there's a lot more room for the stock to run.
$OESX is trading at just 15x earnings, 0.98x sales, and has a low PEG ratio of 0.62. Earnings are forecasted to grow 50% this year.
As always, trade with caution and use protective...
AAPL has reached new highs recently, moving up due to new investors buying fractional shares of this stock. However, Dark Pools are selling large lots as AAPL moves up. If the fractional investors stop buying, the sell side pressure will increase at least temporarily.
$SCS made new 52-week highs after posting a strong Q3. Judging from the technical breakout, we believe this rally will continue.
Steelcase (SCS +16.9%) Q3 revenue increased 6% Y/Y to $955M, led by strong growth in the Americas on favorable timing of shipments, in part due to the timing of the U.S. Thanksgiving holiday.
Operating margin improves ~290bps to 7.9%,...
$CAI has broken out to the upside on the news that the keep is evaluating its strategic options. Yesterday's news headline:
CAI International jumps (CAI +15.2%) as the company announces that it is exploring potential strategic alternatives to maximize stockholder value.
CAI has appointed Centerview Partners as its strategic financial advisor.
$CAI is trading at...
MSFT developed a tighter Professional Trader setup consolidation after successfully breaking out of its Trading Range. The stock is now running with momentum to new highs.
