Potential bearish MACD crossover remains a major concern.
The 200-day might act as major support. The angle of the trend too flat. Oversold.
Breaking away from the upper range of the Bollinger Bands. Downside price momentum supports a bearish stance.
Evening star Japanese candlestick might confirm a bearish stance. At some major resistance. Downside price momentum supports the bearish stance.
TSLA will be included in the S&P 500 index on December 21.
Confluence of technical indicators pointing to a weaker rand.
This is the weekly chart of NPN. Concern remains the Dark Cloud Cover Japanese Candlestick pattern.
Some cycle analysis suggest it might be time. Remains a risky trade.
Remains a major concern to short NPN outright. Rather do a relative pair: Short NPN vs Long PRX. The lower panel is the correlation of NPN vs PRX - confirming that PRX is a good hedge.
Upside price momentum starting to unfold. At some major support.
Upside price momentum. 200-day may act as major support.
Upside price momentum supports the bullish trend direction. Remains above its 200-day simple moving average.
Might the 200-day act as major resistance?
Interesting observation...
Day #3 of a positive price streak.