Price got rejected at resistance at the start of the gap. Approaching buy zone again and 200SMA. Great opportunity to catch the next rally, target to close the gap. Stop with a buffer below the 200SMA.
The price is at the resistance zone between 115.00 and 116.00 levels. We get a reversal candlestick pattern which can be used for opening sell positions. If the price drops below the low price of this signal candle, it will be a confirmation of the further downward movement. The targets for the sellers should be 112.00 and 109.00 levels. RSI is going to confirm...
Australian Telco TPM.ASX has been bashed down after failure to bring 5G via Huawei. However now looks set to continue its run upward.
Rising channel now testing its low and 200SMA. Potential to buy with a good risk-reward. Or see if we break lower on the open of the US session.
Huge rise, then fall on the day they announced EPA approval for their sanitiser product. But a few days after, the market seems mildly positive. Moving averages on the daily chart are now in alignment and bullish BUT: MACD on weekly chart shows bearish divergence So you decide, which way will it go?
Strong breakout for DX from 8.48 in the last few days. Wait and see what the long term effect is.
It was a good trading opportunity for buying Tesla shares when the price bounced from the support zone. RSI confirmed the price reversal. MACD supported the further upward movement. The market moved upward, and now it's not far from possible resistance zone formed by lines and level. They are SMA50, the downtrend line and 300.00 resistance level. This zone will...
Versarien breaks 106 resistance, which was in place in June 2018 and tested 7 times in all since then. Looks bullish. Let's see.
Here we go Manchester United
The market is in a downtrend. RSI, MACD, and DMI confirm the further downward movement and the strength of bears. But we have solid support at 250.00 level which could stop and reverse the falling market in the past several times. Probably this time we also will see the same price action at this support. If so, we will be able to open buy trades based on a...
Let's go through on what brought, one of the most prestigious companies of the planet on the social network business. Into the path that crushed their reputation Cambridge Analytica Scandal- 17/03/2018: The scandal is dated backed in 2014, based on the recent investigations, where the data of at least 87 Facebook profiles are harvested by the Cambridge...
Hello Traders, a simple bearish setup to share with you…. COMPANY PROFILE Facebook, Inc. is focused on building products that enable people to connect and share through mobile devices, personal computers and other surfaces. The Company’s products include Facebook, Instagram, Messenger, WhatsApp and Oculus. Facebook enables people to connect, share, discover and...
Despite the attractive dividend, Green king is in a downtrend and loos like it could go even lower. Only a fundamental change in the business can change the bearish sentiment.
Hello traders!! From a technical point of view it is possible to try to take a short position on a potential technical rebound. The R/R ratio is also good (>1:3) COMPANY PROFILE Ford Motor Company is a global automotive and mobility company. The Company's business includes designing, manufacturing, marketing, and servicing a full line of Ford cars, trucks, and...
On the daily chart of SBUX, the price has formed a Two Peaks sell signal. According to my Elliott wave structure, the price has finished the 5th wave and now I expect the instrument to start the ABC zigzag, which is my profit zone. SL, TP and entry levels are marked on the chart.
It took 9 months for GOCO to break 117 Retest at 121 - now heading higher DYOR
Bullish divergence on Weekly, use retracements to take entry in this trade. Entry ±9-12$ TP1 13$ TP2 16$ TP3 19$ TP4 22$
EVRAZ is pushing its ATH- which was last years YR3. As can be expected there are some signs of profit taking at this level but shares are being bought up immediately and if this continues EVR will break its ATH into clear skies. 603 is the YR1 pivot. Looking at last year there was a major pullback each time EVR reached a yearly pivot so waiting for a weekly close...