During the recent selloff, Boeing on long term basis failed the 5-year uptrend by falling below 1st upper standard deviation from 5-year (260-week) mean @ 137, however held the test of 10-year uptrend by bouncing up from 1st upper standard deviation from 10-year (520-week) mean @ 121. On short term basis, the price managed to hold 1-year ascending channel...
As you can see, GBP/USD bounced off the uptrend line AND the bollinger band's bottom. I believe that we will test the middle of the bollinger band next week, which is around 1.5650 right now.
Here we have a completed Gartley pattern in the positive deviation area of the last 100 and 200 moves. According to my strategy , this market is likely to reverse down into the negative regression. As of right now, the market is retesting the high at point D and we should see a trade completion in the next couple of hours. Anyone that has been following my trades...
Here we see a Gartley pattern in the finishing stages; We should be expecting a reversal in the next to candle sticks. As all harmonic patterns , i have placed an entry at the place of reversal,I have placed my stop at the top of the pattern and i have placed my limit at the 1.618 extension of the BC leg. leaving us with a 2:1 risk reward ratio. Please leave and...
Here we see a developing Bat pattern in a triangle or wedge pattern. we know that wedges generally rally out at 3/4 of the triangle, be it up or down. So what we should expect to see happen here is that the market will rally down into previous structure around the 1.618 extension of the AB leg. when the market does so, it will complete the bat pattern...
Recently with Tesla, Positive news has been ignored and negative news has been exaggerated. This irrational pessimism, combined with high short interest might indicate a rapid momentum upwards swing is in order. This is especially true if Tesla chooses to announce their CPO program or their stationary storage product soon.
Intact Finacia TSX:IFC) l has recently been cycling. The Chart Indicators suggest the likelyhood of a moderate gain for short term speculators.
The stochastics and DMI indicators suggest more gains for TSX: CFP The risk at this time is also quite low.
New HIGH and Positive indicators seem to promise bigger things to come!
Price is oversold on D1 chart and RSI is giving buy signal.