DLTR is not one I play but I found this interesting.
December is a bounce around and retest that resistance month for DLTR.
I went back a few years and its pretty much the same. Due to the November election I believe it will be bouncing around from end of OCT until end of December.
I will update this if a trend forms
Since 5th of June to today - ascending tunnel formation built out of higher highs and higher lows creating the shape of a tunnel going up.
The range to sustain the pattern is 1789 - 1825.
A break below 1789 with a 4h close, will allow for further decline down, as a first stage to 1760 hourly support.
A break above 1825 with a 4h close, will allow for target of...
Gold market has risen and prices have remained above $ 1,700. however, RSI showed a signal of top divergence, suggesting to increase vigilance. Traders can pay attention to the medium-term trend of gold, Pay attention to its price development. Maybe the $ 1,480 ~ 1,520 area will be tested.
Some cities in Europe and America started to restart their economy,...
Real quick before trading closes.. I have the levels above that could be reached if traders react well to the earnings and the levels if a drop occurs.
We all know that the earnings are going to be low. That is factored in already, but still there is still going to be a reaction tomorrow morning. I personally think there is more risk going for a call rather than...
Safehold Inc is trading on a long term bullish Megaphone that is intact even during this pandemic crisis. It appears that the stock is surviving the market swings within a standard (but of course volatile) Triangle on the 1D chart (RSI = 48.416, MACD = -0.300, ADX = 28.460, CCI = -1.2586).
Since the start of 2019, each time the RSI hit the 35.00 level, a new Bull...
Gold seems not to touch the emas anytime soon, offering no "cheap" buy-in opportunity.
However, with phyiscal gold getting rare, it could get sought after soon enough (mines shutting down is also a "plus").
In 2008 bottom, gold rallied after ema touch - but the s&p did aswell.
This year we might not have seen the bottom of the index, yet.
Most interessting for...
Gold was always a safe heaven and it will always stay that way! Here is the price, I think bulls are ready to go for, as there is a lot of uncertainty in the markets and easing monetary policy is no longer helping to boost markets. Waiting for ECB to lower interest rates
Today I am looking at 21 weekly MA and 21 weekly EMA on the LTC/BTC chart. The last two times the 21 EMA crossed above the 21 MA, we bounced from the long term support and started a bullrun. The cross happened again a few weeks ago and it seems we bounced from support and are on track to make a move to the upper trendline, which acts as resistance. Depending on...
Waste Management is one of the few stocks I've traded over the years. Waste Management is a beautiful opportunity for investors with 30%+ gains avg. a year, for the last 5 year years.
When it comes to stocks, I often ask myself "do we NEED this company/service"... When it comes to trash, we do. I think it's going to be interesting what's to come for WM, will it...
Ok, you got me, $8470. In my previous post, Bull-still-not-giving-up/ , I set my sites on 8.5, which corresponded to the 8/1 Gann Fan coming down from 14k. A "Last Stand Level" for Bears, if you will. We tapped it (near), and got rejected (as anticipated). I hope you guys took some profit at/near these levels. No one ever went broke taking a profit!
A) ...
![GOLD: [GOLD] RSI showed a signal of top divergence, the week chart](https://s3.tradingview.com/w/WbFkeEhc_mid.png "[GOLD] RSI showed a signal of top divergence, the week chart")
