AMD has confirmed its breakout to test the previous yearly highs of 2000 and 2006. These highs are very strong resistance.
Welcome, don´t really know if I would call it a rally or a bounce but I do think we have some upside here, this is why: 1. after those two wicks stopped out and liquidated people left and right, price still closed well above the bottom of the bullish orderblock - the demand has not yet depleted 2. we have a swing failure pattern on a 4 hour chart: whenever that...
Good morning traders, one quick update on the CADJPY pair.. We see the Canadian dollar against the yen in a strong bullish activity, so despite current weakness even more upside may be seen above the 82.44 high, as we are regarding current drop as a correction. It can be wave iv, with possible support/bullish turn around the 81.7/81.6 region. Trade well, The...
Big boost after our crazy friday markets. /GC coming with moment to upside and broke our 13d ema line. Could see a solid push up into the supply zone around 1544. Good play on GLD or if miners dont lag GDX and GDXJ. Could see a gap up on futures sunday night witb a clearer direction on week ahead.
PEP has breached the resistance highs to move slightly up to a new all-time high. PEP is one of the few Index Components that has a new high at the end of August. PEP must now hold on to these gains and not slip back down into the Trading Range. Early September price action will define whether this breakout holds.
In the first half of the week we see probably bit pullback to 130.00 (61.8fib) zone, after that big rally upside, 4% target to the 135.00 zone.
As shown, the price has managed to find support above the 50/100 SMA's as well as holding at the fibonacci level shown. After a consolidation phase the price looks like it should continue upwards.
Litecoin/Bitcoin (Binance) Litecoin has been following the down triangle and is now being met with resistance at the 0.007000 - 0.007100 range. As we can see there is starting to be a swing back to the upside starting. On the 3hr chart we are looking for the reversal back to the upside. Looking at the buy & Sell walls on Binance it's estimated that to...
Hi guys here few thoughts about NEO. Its closing in a triangle formation, and it tested main black downtrend line that has holded for now. Now we have upside objectives here as we touched support here, I think that we shoud break upside if BTC manage to hold 10k-11k, and we have plenty of space for nice profit aal the way to 20$ If we brake triangle downside...
1.double bottom 2.near diagonal resistance 3.rsi divergence on hourly respect risk
GS continues to struggle to break out to the upside from its trading range, which started after a High Frequency Trader gap up last January. There is Buyback activity as well as Dark Pool Quiet Rotation™, and those Buybacks are holding the stock in this range.
Alphabet has historically always traded in-line with the other FAANG stocks. The MA has been growing without any stops given the high growth in the company. The company is currently under-valued and will reverse to the mean. 10-20% up-side potential
Look like NEO is forming ascending triangle on the 30 minutes chart and it's usually bullish in upwards trending markets. The volume is declining, that means probably a breakout is coming. The target calculated by taking the height of the triangle, at its thickest point, and adding that to the breakout point. So the target is 21$. This target meets with previous...
What can be said? higher highs and higher lows. Bond alternative and focused in the residential REIT market. Renting is a bigger market than ever in Canada with record house prices and stale wage growth. The dividend is pretty competitive. Lots of upside to come, especially with Canadian rates to come down. I will hold and reflect on the price in the fall. Buy...
Bluzelle built a decentralized storage technology that makes it an edge network. This ensures that data is as close to the customer as possible, leading to fast performance. Current data storage systems are centralized. This makes them vulnerable to attacks, system failures, and performance issues. Bluzelle’s servers are spread out all over the world. These...