This Lumber Weekly chart clearly shows the unique parallell range that confirmed a breakdown.
Now to determine what likely happens next we wait to see if we get a close above or below the weekly key channel Resistance line.
If rates remain soft we will likely get a continuation move to the upside.
if youre an up an coming FundManager that made it Big in the Industry
maybe keep quiet as the Big Bear may teach you a lesson by SHORTiNG your Picks
Discrediting Cathy week after week ..
towards CAPITULATION
==
note:
when a price of a STOCK PUMPS to 4x & 8x (+800%) from it's recent base (eye on Volume Spike)
that's discounting the 5-8year price ...
smart...
TSX:DBM pays a quarterly dividend of 0.14, which is 9.3% yield.
It has fallen back to its September 2021 low, after retracing 50% of its bearish leg.
It has heavy support (14 weeks worth) at $5.81
Could it fall further than that? Sure, anything can happen.
But I think it is unlikely in the next week, as the ex-dividend date is the end of this week.
Perhaps...
NASDAQ:ROKU
As seen on the daily chart, ROKU is in a brief uptrend within a descending triangle. Oscillating indicators show the MACD with
the K and D lines crossing underneath the histogram and the RSI candles big and bullish with rising strength towards crossing through
the Ichimoku cloud. I see this as price action consolidating towards a breakout with...
Hi dear friends, hope you are well and welcome to the new update on WOO Network (WOO) with US Dollar pair.
On a 4-hr frame, WOO has formed a bullish Cypher pattern.
Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade.
WOO/USDT look at this coin what do you think it will Follow trend like Last support downdraw we are looking to make retest on Support updraw and buy it
Disclamer:
We are not financial advisors. The content that we share on this website are for educational purposes and are our own personal opinions
WOO/USDT we have 15min Supply Zone waiting for retest on Suply zone and we will SELL IT
Disclamer:
We are not financial advisors. The content that we share on this website are for educational purposes and are our own personal opinions.
Welcome to this quick WOO/USDT analysis.
I have tried my best to bring the best possible outcome in this chart.
Reason for trade:-WOO/USDT symmetrical triangle pattern conforms and break the upper trend line and retest buy the green zone.
Entry:-$0.20,$0.22
Traget:- 50%
Stoploss:- $0.19
with laverage 5x to 10x
Remember:-This is not a piece of financial advice....
Hello community members welcome to WOO/USDT 1hr chart analysis by CRYPTOSANDERS
I have tried my best to bring the best possible outcome to this chart.
As we can see from the above-mentioned chart that WOO/USDT broke the triangle pattern and retested well.
According to the current scenario, it can move up by almost 20% from the green zone which is also a support...
UFP Industries, which makes lumber and other building products has 216 locations in eight countries making wood and wood-alternative products for retail, construction and industrial customers.
After making an ATH at $94 in January, has formed a good cup & handle pattern with a pivot buy above $88.10. The handle shows a good volatility contraction as it has low...
ARKK making a strong name for itself after the Jackson Hole meeting. Are we nearing the breakout point or will we continue to see more waiting and what will ultimately happen with the ARKK index at this juncture? We will see! Good luck traders :)
The 120 level on ARKK continues to act as a very prominent level. What would you do?
ARKK 120 features a prominent low volume node and now we have a chance to meet this level with the falling trendline that starts from the Feb high to the June 2021 lower high. Together these forces will meet and ultimately decision in the coming weeks. I'll let time tell me which...
Looks like some much needed bullish news came and really delivered and at a critical point too. The B-Word went well, as in it didn't sink the market further. Short of Jack Dorsey confirming accepting Crypto payments on Twitter.
We hit the $32.2k resistance and as predicted in the channel we saw a rejection there - ideally we want to get back above $32k to...
wood good candle, rejection candle and
then green candle show buying power.
volume is big too and there is accumulation.
EMA is close to each other.
PLAN,
WAIT FOR PULLBACK AT PIVOT AROUND 780
SL BELOW 720
TP 870 AND 970
WY classic fake out before earnings break out
We need to consolidate after breaking all time high before we move higher.
Yes timber prices are coming down but first they need to report all the earnings they had last quarter.
we are not done with commodities pumping up - once gas goes up the timber goes up too.
As many of you know the price of real estate has been rising at an unprecedented rate. Along with this is also the rising lumber rates.
- If you are thinking about buying a house; right now would NOT be an ideal time.
- You are paying an inflated price for a home while also paying for the additional lumber costs, which are up 146% since march! Now many people...
