on the daily and weekly it just hit the support level of the retest
Gbpcad clean and simple short, we might see a stop hunt to the highs first before the midweek reversal comes in. patience is key for this pair as we saw a lot of fake confirmations on the 4hr chart. This is drawn on a weekly chart.
Ideally this scenario is backed by sentiment towards gold. XAUUSD is falling from a Weekly supply zone, acompanied by a strong BEARISH ENGULFING bar on Weekly timeframe. Suggesting a strong push towards the downside.
Rand Merchant Investment (RMI) Holdings is an investment holding company with a portfolio of insurance and investment products targeted at the commercial, corporate, retail and public sector. The group’s history can be traced back to 2010 with the spinning off of insurance assets from Rand Merchant Bank (RMB) Holdings, FirstRand and Remgro. RMI Holdings shares...
I've been watching Lowe's since early Feb and I think there is potential for a big move leading up too/after the ER on March 1st. It's been running in the green for ~8 days and the RSI indicates it's oversold. It's currently hanging out on the 0.628 Fib lvl, could see it gap up to 0.786 or 1.0 Fib lvls (~$111 and ~$117) The support levels are at 0.5 and...
Growthpoint Properties is a diversified property investment holding company incorporated and registered as a public company on 12 October 1987. Growthpoint shares are listed for sale under the Financial Services Real Estate Investment Trust sector of the Johannesburg Stock Exchange (JSE), and the group is today one of the biggest players within the sector. The...
NEPI Rockcastle owns and manages a portfolio of dominant retail properties in the following high-growth CEE countries: Romania, Poland, Bulgaria, Slovakia, Hungary, Croatia, Czech Republic and Serbia. The Group benefits from a highly-skilled internal management team which combines asset management, development, investment, leasing and financial expertise....
Lets go on a short trip with camping world - Very basic analysis. Please criticize. Would be careful with this one and play it short term ; not confirmed for entry.
Red Robin Gourmet Burgers (RRBG) has carved out a bottom inside an old demand zone, and is now heading into a mid-term supply zone. If it clears 33.66'ish, it has potential to clear the mid 30's. If it does, expect a great long opportunity. If it does not, it may become a great short.
After looking through finances I am not a fan of Shopify in the long-term being able to support itself in terms of it's finances. For the technical traders out there it looks like price could have bounced off of the resistance level. Just something to note or keep an eye on.
Whats up Traders, All of the explanation is on the chart.. . Retail Economic Data coming into play on this one majorly. We are looking for a breakthrough of the descending wedge pattern Looking for continued retail sales growth next month also.
Fundamentally $SHOP is growing revenues 50% yoy. That was before the Cannabis craze came into the mix. Here we see that the downtrend is being challenged, double bottom with RSI divergence and support from 78% extreme retrace. Earnings or positive sentiment from Cannabis space could lead to another substantial moving.
The Daily Chart of COSTCO Stock shows that there is some sell short potential on the short-term trend IF the stock breaks to the downside below the low of around 216. At this time, it appears that is more likely given the lack of large lot buyers in the chart patterns. Support levels show the point gain potential moving down from the current range-bound...
Vipshop market cap. 3B vs Alibaba market cap. 343B Has potential to grow in comparison with Alibaba Long term idea without predefined stop loss and target profit. Disclaimer: not investment advice, not qualified licensed investment advisor, author may have positions in mentioned assets.
Due to challenges of the entire technology sector, directly affecting manufacturing and indirectly influencing other sectors, DJI may see 24K in this quarter, and bounce back afterwards, subject to probable and required catalysts.
A potential short trade is busy setting up for this coming week starting on 12 November 2018. FUNDAMENTAL Fundamentals will probably support a weaker GBP. Economic red news releases include GBP: cpi, retail sales and inflation reporting. Should all of or most of these news items be negative for the GBP, a definite GBP weakness will be experienced. Note: no...