CONN crossed below its major support last Friday with high volume. Probably it would continue its decline for several days or probably would go back to $17 first before continuing its downward trend.
QTRX formed its long term bullish channel since September 2018 and now its on it's support area and it is now going up. There is a probability the price would reach its resistance at $27 soon.
IDCC just bounced from its support at $65 and we could see from the chart that probably the price would surge to its resistance at $70 area within 20 trading days.
Hi Guys, the above is to provide a rough narrative of the last 20 years. What was happening during the 2007-2008 Financial Crisis was scary. We were on the verge of a severe recession according to everybody and extreme measures had to be taken. Pump money, tighter control and let's move on. And if you look at the results IMHO CBs did an excellent job to save the...
WEEKLY MTN ANALYSIS FOR THE FIRST 50 WEEKS : 1. WEEK ONE : Sell pressure the stock fail the maintain the weekly high.
It just touched its bear channel’s resistance. There are two possibility: to break the resistance and go to 25,800 or 25,950ish; or continue its bear trend to 25,200 or even lower.
The market is approaching the 48,940 Support. 1M is supported there (RSI = 52.867, MACD = 574.500, Highs/Lows = 0.0000) and the current dip is a solid medium term buy opportunity. Assuming that a roughly -2% Lower High sequence will be maintained we place the next medium term target at 52,200. ** If you like our free content follow our profile...
Peace for everyone! . Friends I want to thank all those who support me here ! Recently, our community has expanded significantly and this is just the beginning. Looking at the list of new subscribers, I understand that a large number of traders are from other markets such as Forex and stock market . I appeal to you subscribers : @TyreseAnasGibson @AlanHeng...
Hi Guys, I still don't know how to use VIX in order to buy SPX pullbacks into demand but IMHO the video explanation provided by Investopedia is a great place where to start. www.investopedia.com To note that if you set up this structure and enlarge it, VIX will overlap SPX due to 2008 Financial Crisis therefore its benefits may be obscured. I will try to post...
So, i was studying the daily/weekly chart of the $SPX and thought to myself: this chart pattern looks familiar to me. I feel like I have seen this before in the not-to-distant past. The pattern: 1. cruising along at market highs 2. bears take over and we see a ~10% correction 3. bulls resume control and take prices back towards prior highs 4. we fail to...
The Indian Markets are hardly every the topic of discussion on Tradingview. Most people look mainly for the DJI - cuz 'America is great'. For me, it don't matter; wherever there is an opportunity I'll pay attention. The Indian Market is in a precarious position right now. I see some sort of expanding upward wedge. This can create probabilities for the north or...
The Dow Jones will go up to previous highs at around 26,800 to form a triple top reversal pattern, then will go back down towards 21,500. It's just cyclical. Nothing majorly wrong with the economy (not yet). Read the charts. The trend is your friend.
As Bitcoin's sudden rally higher captures the world's attention, it is not only cryptocurrency investment that is racing in an upward trend. Any company associated with BTC is experiencing a green day, and naturally, RIOT Blockchain and Social Detention Inc. (SODE) are no exception. As BTC continues to inch upwards back to last years highs, These two companies,...
the market seens to be indestructible, but the thing is, market has not retest dic lows, like it dit in april 8 2018, that was real whats why markets did go to all time highs, when we have market correction in feb 1, tax cut new sell the news, now we have another story china deal but these news have already price in, the last time that i see market not let it fall...
DIS faked a break below support but immediately closed back above support, indicating a continued move up
SPX500USD faces 4th rebound on the daily chart, market rally getting stretched amid slowing global economy, trade uncertainty and hesitant central banks.