There is 2 Signal that MACD made Golden cross and deadth Cross you can see in the chart, Golden cross is a buy / long signal when Blue line cross the red line, it is Golden cross, and it is a buy/long signal when red line cross the blue line, it is deadth cross, and it is a sel/short signal in C Chart, MACD is quite accurate to predict the trend
C break high i think this is a bull rally signal buy/long on break 54 target 56 Stop loss 53
As rotation continues, Citi and JPM have a long ways to catch up to $BAC and the big breakout it just had.
Shares of Citigroup have been trading in the $48-$52 range for close to the last 6 months. With the stock currently trading at $50, Citigroup has YTD performance greater than 25%. Despite the above average returns, I think the stock is getting ready for a breakout very soon. The $52.5 January options are trading at 5:1 call to put ratio and the $55 January option...
Elliott Wave Bullish Contracting Triangle. For the reason C wave was already complex, D should be finished & impulse wave up to act with daily TF. E finished either X wave or IV wave. First Alternation comes with 51 $ tick, note that once & if reached contracting triangle can be drawn as bearish pattern & scenario ie. to end B wave !
If we get a retest of prior highs, there is a big chance to get short for a long-term move down. This pattern is based on long covering at an important price level. Wait for a false break or any kind of weakness. For further information about my trading style, live trading videos and analyses, subscribe to my YouTube Channel: bit.ly
Triple Top Nick Line broke ...whats Next 45.40 ,,, this caused of broken nike line with low volume re- test we think this the best place to go bearish