Cordial greetings. It's no secret that the markets have been behaving strangely (for a lack of a better term) lately. We've been seeing some crazy volatility and that can of course be good for some and bad for others, depending on which side of the market you are on. But let's put that aside and focus on the matter at hand...
What we currently have here is an...
Update on BTC's recent developments,
Points to consider
- Still in an upwards trend on the 4 hour
- Currently testing support which is in confluence with the .618 Fibonacci line
- RSI severely oversold, we need to see it break this resistance for a pop back to neutral territory
- Stoch starting to show signs of upwards momentum
- Bull Volume...
GHSI recently peaked at $3 and is trading below 50 cents currently. Potential upside is over 60% making this a great buy for anyone looking to ride the wave up. I would not hold beyond 50 cents. Day trade only
Looking to enter a long position on SNA with a fairly wide stop. Price decreased after earnings but the long spinning top/long legged doji candle indicates weakness in selling and a possible reversal. Relatively low volume compared to previous earnings as shown on chart. You could set your stop a little tighter around the $149 resistance level to protect against...
I see positive regular divergence (+RD) on chart.
It's possible to change trend to Bullish.
On the other hand you can see over sold on Stochastic Oscillator.
+RD and oversold on Oscillator make a chance to have long position on USDCAD.
15 July 2019
The cannabis sector has been really beaten down; today some of them are reaching oversold levels.
ACRGF could be a potential stock to invest in, if we see a pullback. Specially since it's retreating from a past strong support @$12.
Be very careful, oversold can stay oversold for some time. (Same goes for overbought conditions)
Have a great weekend,
The Price has broken a strong historical support and it continue to go downwards but we are expecting the Price to bounce in the next support as a pullback.
There is a reflective candle forming so we should keep an eye on it, as well as the oversold RSI level
Comment your opinions!
The Price is forming a wedge so we are expecting the Price to break the resistance and head into a bullish run.
Keep an eye on RSI oversold levels, it could be a great opportunity given that it won't cross any support.
Also check Fibonacci levels for a good buy entry
Comment your thoughts!
GJ (GBP/JPY) oversold at my DeMarker, RSI EMA, MACz-Vwap indicators & oscillators and indicators, at MA's triple, exponential and etc. are "bullish" at Fibonacci 0 (135.371) support since high resistance of 1(200.925) of mid 2015. Entry at low fractals and PSAR for dip-buys lows.