MYX:YONGTAI retook Friday's high and absorbed the selling pressure. I am feeling bullish that this name could see more upside in the near short term future with a target of 0.435 if 0.38 manages to break. Of course if 0.35 gets breached, the setup is invalidated. These are my views and analysis and is only for educational purposes. I am not a financial...
USOUSD today on the 15-minute chart dropped on a downtrend outside the Bollinger (lower) Band (49, ohlc,2) hit a Doji candle and then started the upward retracement. The RSI indicator shows relative strength hitting a bottom and bouncing up. RSI is about to go over 50. Price is currently below the high volume area with the POC line aligned with the basis...
AUDJPY on the 30-minute chart has had higher lows but also lower highs and may have a symmetrical triangle pattern. Price is currently at or above the following : (1) the POC line of the long-term volume profile (2) the mean line of the long-term anchored VWAP (blue line ) and the convergence of the EMA 200 ( red) and EMA 21 ( green). On the...
MYX:SEAL is flagging and pending a breakout to the top. I the close for today maintains above 0.42, I think possible targets towards 0.47 soon with stops at 0.40 These are my views and analysis and is only for educational purposes. I am not a financial advisor. Nothing in the information posted here is intended to be or should be interpreted as trading advice.
GOOG has had a good month thus far rising about 9% and relatively strong compared with QQQ ( black line on chart) as shown on this one-hour chart. The past couple of days it has rested in consolidation at the upper volume shelf on the profile. The stochastic RSI has the lines low below the oversold /undervalued line of 25 and "curling up" suggesting they...
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After pulling back and consolidating, I am looking at MYX:SALUTE to stage another wave up. Trigger: 0.965 Stop: 0.87 Targets: 1.28,then 1.57 These are my views and analysis and is only used for educational purposes. I am not a financial advisor. Nothing in the information posted here is intended to be or should be interpreted as trading advice.
- ORCL is in a rising trend channel in the medium long term. - ORCL has broken a resistance level in the short term and given a positive signal for the short-term trading range. - There is no resistance in the price chart and further rise is indicated. - In case of a negative reaction, the stock has support at approximately 90. - RSI diverges negatively against...
#INDHOTEL is showing a multi-month breakout, and we're seeing some exciting potential for an upward trend. With strong support levels at 340-345, this could be the perfect opportunity to get in on the ground floor and watch those profits climb. Our analysts are predicting targets of 400, 433, and even 455+.
BTC is currently sitting in the Fibonacci 0.618 retracement area of the recent rise with support from the 200-period exponential moving average. The loss of this place could take us to the 25K region. My opinion about the decrease to the 12-14K range has not changed, I am waiting for the needles to the 9.3-9.8K range, but before this happens, BTC is still reading...
- ABNB is in a falling trend channel in the medium long term. - An inverse head and shoulders formation is under development. - A decisive break of the resistance at 145, ideally with an increase in volume, signals a further rise. - The stock is between support at 110 and resistance at 126. - The RSI curve shows a rising trend, which is an early signal of a...
On the 4H chart, AUDUSD is rising over the intermediate term volume profile POC and ascending the anchorded VWAP bands as well; Price rose from undervalued to fair-valued on the VWAP bands. The Chris Moody RSI indicator flashed a a pair of buy signals and RSI rose over the 50% line. Another good sign is price is approaching a volume void /gap on the volume...
Back then: VNQ falls below 20 SMA in Jul 2007 Double attempt to rebound (red arrows) but failed after struggling 15 months, a sell off begin in Oct 2008 Now: VNQ falls below 20 SMA in Jun 2022 Double attempt to rebound (red arrows) but failed RSI remained in low levels below 50 (more bearish than bullish) Might not seen the worst yet, unless RSI reverse back above 50
Is NASDAQ:EBAY Completing a Bearish Head and Shoulders Top? The monthly chart is pretty close to completing the right shoulder in what looks to be a bearish Head and Shoulders formation. Measuring from the top of the head down to the neck line would put the price target down to $3.00 and change. It will be interesting to continue to watch what the 14 RSI does...
- NDX is in a rising trend channel in the medium long term. - The index has given a positive signal from the double bottom formation by a break up through the resistance at 12042. - Further rise to 13396 or more is signaled. - The index is between support at points 13000 and resistance at points 13700. - A definitive break through of one of these levels predicts...
Based on simple TA indicators on Monthly Chart note : Monthly Chart can be seen as long term view, but may not as long as 5~10 years ba long long term 1. price chart 2. 20 month SMA, quite a long-term Moving Average to break or reverse 3. RSI, like price chart, using previous High/Low as resist/support and trendline to determine breakout/breakdown 4. Volume...
- XLP is within an approximate horizontal trend channel in the medium long term. - A break upwards will be a positive signal, while a break downwards will be a negative signal. - The price has broken the resistance at 77.23 of an an inverse head and shoulders formation. - Decisive breaks of such formations are considered strong signals of further rise. - The stock...
1D chart. Posting for future reference. (bored, cant write extensive explanation on :long: decision)