The price is near the resistance zone, it has already made a false break but now it has returned to the trendline and bounced, so we are expecting it to continue the upward momentum. Remember to check RSI and MACD for further confirmation Comment your thoughts!
Hello Everyone! we are back with another analysis to help you better in your trade strategies. Today we are going to discuss the analysis of ETHEREUM. So according to DMA's charts we can clearly see that that a strong upward trend is forming in ETHUSD. we have seen in the later last year that the 20 DMA line has been rejected twice , But in the starting of the...
ADP buybacks are supporting the stock, and often driving price upward. The stock remains in a trading range long-term.
We are starting to see USD CAD bounce and react well to our major support line at 1.297. Also seeing how we play off the small 1 hourly trend line to continue the upward trend. Risk is at about 0.30%, usually, USD/CAD sees form of manipulation before continuing the trend, so will be watching closely today...
AMEX:EWZ Bullish set up and resistance breakout on the ETF representing the Brazilian market. As always the ascending triangles are among our most common traded patterns because they have a profit realization degree of 50% with an average Profit/Loss Ratio of 3:1. finance.yahoo.com
A H&S can be observed in the past and a left shoulder has formed for another H&S, my basis for this is that price will be rejected at mirror resistance level and once head is formed it is very likely right shoulder will be formed. Various other chart patterns can be observed including a symmetrical triangle, which led to a strong upward breakout, and a bump and...
STT continues to move upward after completing a short-term bottom. The action is frequently Professional Trader driven.
FTV has quickly developed a bottom formation even while High Frequency Traders attempt to run the stock down further. Hidden Dark Pool Quiet Accumulation is moving price upward.
ETHUSD is going inside downtrend channel and after fail prompt of breaking the down border line of the channel, we consider the possible correction upward wave. The main resistance zone is around 157$, in case of breaking it through ETH can reach 0.618 Fibo around 173. This level is also strengthened by 50 daily MA. After all, RSI is oversold and MACD shows the...
Boosted by Buybacks, CAT recently ran upward to break out of its long-term Trading Range.
BA approved another round of Buybacks last summer. Now, that activity is moving the BA stock price upward.
AMAT is trending upward shown in the weekly chart view, after dropping to the 50% value loss level. This is a common area for a bottom formation to commence.
The price has closed above the resistance zone so we are expecting it to go upwards to the next peak. Just as the price closed the MACD changed trend as well so that is another confirmation in our favor. Check fibonacci levels in case you miss it, so you can enter again the buy.
NYSE:JNJ Do you know Johnson & Johnson? Top company in the Healthcare sector that is forming a zone of accumulation with potential upward breakage on this rising triangle and if so we would be interested in re-entering Long on this asset that we still have in our portfolio in the long term. Why Technical Analysis? Ask Peter Brandt...
The Price is in its highest level and had retested it twice, so we are expecting it to break it and seek for new highs. RSI shows overbought levels but could be the confirmation of the ruptura once the candle closes above the resistance. Another scenario is a pullback and then the Price Will continue the upwards trend. We should wait for the buy in both scenarios.