very nice setup for up trend supported with recent volume also nice MFI
It same raising pattern used since DEC2019 now targeting 38.11 and support at 30.8 .. Becarful if playing options as earning is due 30 July . RESISTANCE ARE 33.8 THEN 34.8
Most of indicators showing overbought status and ready to pullback but earning on 29th next week so be careful playing options with it. Yesterday candle showing possibility of shooting star candle to reverse the current trend and we can see MFI showing some improvement but today opening will confirm .. if open much lower then properly will visit 206 -202-198-195...
Indicators exhausted and overbought .. need to get support above 26200 and fill up this gap if drop extended then 25200 is the second goal. its possible to bounce and make new records for coming days as we are approaching very hard week of full of news earning and feds rate so any thing is possible but highly recommended short positions
Wide range of bearish trend targeting the previous bottom at 105-104 we are running on that channel since few months ago
Indicators had been corrected hardly with triple bottom bullish pattern suggested EURUSD will go up to break up higher than previous top
3 Months to reach the goal of 42 now its required to hold back to good support and fill up the below gap targets below are 36.5 - 34 - 30.8
Clear uptrend . most indicators corrected the upper trend and now ready to bounce back and start new trend while EBAY shares still near 36 resistances . Earning this week and can be good reason to drop to the main support 30-32 then can bounce back with new long trend targeting 42 at least .. its one of the best charts for 2019 but get long positions on the right...
Nice bounce with higher bottom and nice reverse for all indicators RSI and MFI even stochastic with regards to bad news which continue coming as bad news .. maybe earning have some surprise for investor any how earning on 24th July .. Targets for uptrend 275 then 288 - 394 - 402 - 415 Support and stoploss 360
Candlesticks pattern showing further drop with more money flow get out !!
Weaker RSI and lower MFI beside double top pattern to be confirmed if open lower on Monday targeting big fall around 20-30% or new major support
As new stock its not easy to use much technical analysis . the clear is we have top at 201 and support at 138 . Friday performance showing more up movement targeting 182 then 189 and previous top but after that we will have overbought indicators and properly will go down to fill up the gap below 100 in 2-3 months
As we can see indicators are overbought but still opportunity to break up the triangle and make new high for this year but for now i recommended short to get a new support near by 165-163 if broken down then 158-155. in case bounce back quickly the most important resistance is previous top 1at 173.95
Negative divergence RSI showing weakness of this trend also MFI overbought and stochastic exhausted . Possible bearish pattern showing target of lower bottom than 172 but early to confirm ...
Since the bottom at 147.9 #BABA started new trend and we can see all indicators are showing the good upper movement . Target now is the previous top at 177.6 then the top of the raising channel between 181-182 if broken up then 185 -192 will be final goals ... support is 171-166 Note: Highly effected by US-CHINA news!! Earning is late 21/8
Bearish pattern falling to get new support lower than previous bottom . for now we will watch area between 288-287 if its broken with high volume then suggested to visit 272 again then 260 - 250 but its early to confirm
Very clear up trend with huge volume targeting at least double the bottom which was 18 now its moving up again suggested will break up the previous top
RSI reversed with bearish candlesticks pattern . yesterday close was doji candle but if $SNAP break down the bottom of doji candle will confirm bearish trend . in very long term remain LONG but as of now Short selling started to get new support above 11 1st target 13.5 - 12.5 -11.5