AT&T has formed a Dark Cloud Cover after being rejected from the upperbound of the Resistance Zone and is now trading below the 200SMA and 800EMA with Hidden Bearish Divergence forming on the MACD. If it plays out, I think we could see AT&T make its way down towards $13.20
butterfly harmonic pattern: X=$0.0467 A=$0.000032 AB=0.78 XA BC=0.88 AB 0.38 BC=$0.00044 0.61 BC=$0.00144 0.61 XA=$0.00292 0.78 BC=$0.00337 0.88 BC=$0.00560 0.78 XA=$0.00988 0.88 XA=$0.02 1.13 XA=$0.12 1.6 BC=$0.227 1.27 XA=$0.336 1.41 XA=$0.916 2 BC=$1.57 1.6 XA=$4.14 2.24 BC=$5.3
Orange broke above its short term resistance around 11.50 USD. At the same time Orange exited rectangle formation which may coincide with the beginning of new trend. Although, this has to be taken with caution as further confirmation is needed. In terms of the technicals RSI and Stochastic are bullish. MACD performed crossover above 0 points which is bullish as...
To be honest, i am not sure if we have an inverse head and shoulders or a triple bottom on the 4hr chart for apple. But both demonstrate that a possible reversal is coming. I am leaning more towards an inverse head and shoulder given the head being slightly lower then the other points. Resistance looks to be at 125-128 so, if we can break 125, I expect to see...
some good bull flags forming, good consolidation. could see a breakout
Microsoft announced today the release of a new dual-screen phone that runs the Android operating system (as opposed to the old Windows phones, which were limited in terms of what apps you could get). Since the announcement, the stock has bounced to a new support level and broken a downward trend line that it formed over the last few days. It's just recovered from...
Today Analysis bitwings predicted that Bitcoin can take over 11700 easily. Because they are doing a daily base survey. While they are the first company of mobile who has invented Phone and tested. While people attraction to bitwings is very high. So they are doing a daily base survey on Bitcoin and Ethereum. While Their IEO is ongoing. Which is fantastic. So...