At the close of May 3, 2024, this is the second week NASDAQ:MSFT touched the 30-weekly MA and bounced back.
Let’s look at a recent time when NASDAQ:MSFT was also trading around its 30-week MA for a while before resuming an uptrend. That was during September and November 2023 (an area where I use the yellow arrow to point to).
Below we will zoom in to this...
During the week you can trade from these price levels. Finding the entry point into a trade is up to you, depending on your trading style and the development of the situation.
If you expect any medium-term price movements, then most likely they will start from one of the zones.
Levels are valid for a week, the date is in the title. The next morning I adjust the...
In the crypto market, the largest assets are currently experiencing similar situations.
On the charts, we can see that six assets have formed sideways trends. Prices for all six assets are currently at the bottom of these sideways trends. For four assets, the price temporarily dropped below the lower boundary of the sideways trend, where liquidity from sellers...
Hello all dear traders!
For now, EUR/USD has managed to hold on to positive territory above 1.0750 despite retreating from the new multi-week high it set above 1.0800 earlier in the day. The US dollar struggles to find demand following weaker-than-expected NFP data which in turn supports EUR/USD's realization and distribution well.
In this scenario we still...
Last weeks levels provided to be partly actionable and price has immediately responded (See attached post). Comfortable holding this 50% long position with stop/target untouched. Will be looking for opportunities to buy the other 50% and increase risk as I'm confident in the bullish sentiment after last weeks Feds statement. I hold an underlying belief that the...
Hello all dear traders! What do you think about GBPUSD's next trend?
On the news impact: GBP/USD struggled to maintain its upward momentum and traded below 1.2550 during the US session. Earlier in the day, a disappointing April jobs report from the US triggered a USD sell-off and helped the pair reach multi-week highs above 1.2600.
From a technical perspective:...
as you can see on the chart Btc in descending channel so if it breaks from above with good support it can touch mentioned target or if not i think it can drop to 50 - 52k
just my idea
Bitcoin in it's current rise , has formed a bottom , which froms a Head and shoulder to from , which froms for us an inverse Head & shoulders pattern , and perhaps this is the real start to 80 K
Follow the trajectory.
Will be a money-maker!
This stock will Regain its Previous High. It is Forming a basing Pattern so many Successful stocks lay out before going on to Astounding heights.
(There is also a chance that they will beat estimates, due to easy comp's and expectations.)
I am taking a contrarian view and bagholding rune... never been more bullish in my life. Love the negative sentiment I am seeing these days.
This is not financial advice I have 0 idea what rune does
OSMO is making new lows...
this may be good... for who likes to DCA into a falling knife (joking)
or may be pretty bad (investors lost confidence)
As we may know... if binance has not decided to get rid of a coin.. they still support the project (in some way or another).
Targets are versus BTC pair.
This may the bottom. We shall see !
Caxton (CAT) is a South African printer and publisher. This company is at the heart of the displacement of hard copy by digital and it is adjusting by reducing costs and trying to move across to digital platforms. But there has been a steady erosion of advertising revenue and even before COVID-19, the purchase of magazines has been in decline. In its results for...
Brimstone (BRT) is a black-controlled investment holding company with a diverse portfolio of holdings. It owns: 1. 54,2% of Sea Harvest, which is a listed fishing company and has a market capitalisation of just over R4,5bn. 2. 100% of Lion of Africa, a loss-making insurance company, which decided in November 2018 to cease operations and close its doors. 3. 100% of...
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Pre-Market Open Technical Analysis
