Very clear bearish signals with overbought status and lower volume for recent trend which suggest that will go to form new support at 1892 then to be tested if can hold then can go up and make new high other wise it will fall to 1750 then 1620
almost overbought status and bearish pattern started to be formed STILL there is opportunity to raise up to 260 and even little higher then fall at once or hardly to the new support at 220 we can see RSI is over bought and MFI can not go upper than downtrend. Support 241- 227 -218 Targets Up 259.25 then 278
Overbought for all indicators , weakness of RSI with lower volume... MFI is full and must release some of the flow too.. Short target 198.4 then 196 also there are 2 gaps need to be filled between 178-185 BUT earning on 23rd July and FED rate on 31st July .. I expect to fill lower gaps then going up to make new record .. in very long term #FB one the best stock to keep
Double top pattern weakness for RSI, MFI and stochastic also Friday candle with larger than expected. earning on Wednesday after close on 17th July if earning soo bad then possible drop to 350 then 321 ..
All indicators showing signals for upper trend
Overbought showing on all indicators need to get support above 36 -37
recent trades with higher volume forming small top for Bitcoin which suggested that will have correction around 2000 USD drop to the area of support between 8500-9000 all indicators showing weakness and if 8500 support broken with higher volume then possible to see 7500 then 6666
Perfect up trend with higher volume suggested to extend gains to reach the top of trend channel . it will be good entry for short seller to get in when SQ reach 87-88 at that time all indicators will be exhausted and ready to fall sharply
Recent drop had corrected most of indicators . I am looking for RSI and if its break up the green box the index will go higher strongly targeting new record or new high then fall hardly too.. for now we recommended long posisitiions till further analysis. only bad issue weekly candlestick which looks like shooting star if close daily above top tile of the candle...
We can see weakness on RSI and negative volume on yesterday trading which suggested to turn out the trend .. for now its looking for support above 126 or can be at 130 .. if broken recent low at 119 then it will fall hardly ..
Outperform market and most of stocks BUT there is strong resistance at 33 which around 10% up from current price if it break it up with strong volume then can accelerate the speed and reach 40 then 50 quickly !!
Since 1.1155 we recommended long positions to EURUSD its jumped to 1.131 then pulled back now targeting same resistance then 1.16 will be the key to jump to 1.2 later this year
Bottom near the support 32.8 all indicators are oversold and possible for short-term bounce targeting the breaking point at 37.9 then below 40
weakens for all indicators specially RSI and MFI
Down trend since longtime ago and near by strong support at 109 if broken then directly the goal will be 107
As discussed earlier its very clear bearish pattern with targeting breaking down 107 then find new bottom above 101 -102
Extreme bearish pattern on Weekly chart down trend for all indicators.. Stop-loss for long positions at 1045 if broken then quickly can reach 915 or even 850 as lowest target
As clear we shorted FB from area of 191 now failed to 177 and expected to find support near 171 or 163 then continue new up trend but for now its clear bearish trend and may falling extended further . RSI and MFI indicators in very deep falling trend