Crypto Market Cap, BTC/USD, ETH/USD, USDT/USD, XRP/USD, Bitcoin
EUR/USD, GBP/USD, USD/JPY, AUD/USD, USD/CAD, USD/CHF
Apple, Advanced Micro Devices Inc, Amazon Com Inc, TESLA INC, NETFLIX INC, Facebook Inc
S&P 500, Nasdaq 100, Dow 30, Russell 2000, U.S. Dollar Index, Bitcoin Index
Gold, Silver, Crude Oil, Natural Gas, Corn, Bitcoin
US 10Y, Euro Bund, Germany 10Y, Japan 10Y Yield, UK 10Y, India 10Y
TWTR is kicking at major resistance level. Punching through this level decisively shall attract more buyers.
Are the great 5G hype and supposedly grand upgrade cycle fully priced in?
Keep an eye on the ball should rebound occur.
I will be watchful out of which side of the channel the index emerges to formulate my near term bias.
Although further move to downside appears to be in store, the current price level had been pivotal in the past.
Consider on close sligthly above 219.71
The price action of Coupa is approaching
1. 50% fib retracement line
2. AVWAP line
3. A price level where previously consolidation had occurred
Hence, support may well be established near 226.28 price level.
IIf the sell-off subsides here, the fact it bounced off the recovery trend line and closed above the most recent support line foreshadow more bright days in store for equities.
A breakout in either side of the channel will set the tone for the subsequent move.
If support holds go long otherwise short: simple & sweet.
A bounce off the breakout level would create good entry point.
If the current breakout holds, it may signify the long term uptrend.
A retest of the pivot level may create opportunity for entry.
If support holds price recovery shall resume.
A decisive bounce off support line will herald a continuation of the uptrend.
A breakout to the upside may herald trend confirmation.
A break out to the upside will offer a good entry point.
Overhead resitance breakout would herald a continuation of long term uptrend hence basis for good entry point.
Breakout in either direction may be utilized in establishig good entry point.