Yeti looks like it’s forming a cup and handle formation on the daily. The 8 MA and 21 MA crossing historically for this young stock has been a trigger for some decent runs. RSI and MACD look ready to go as well. On the 4HR chart it just crossed the 200 MA and it’s bringing the 8 & 21 MA’s with it, RSI and MACD look great too. Company that makes quality, durable...
If we can get past $180 I think this can run. Nice pattern forming as well, could break either way. We’ll have to wait and see what happens as the trade war continues. Aside from that no reason it can’t run up to $200.
$43 seems to be a key area resistance for Twitter. If it can get past there on good volume it could get interesting. Election season is on the way and Twitter is still one of the most popular sites for candidate updates, dialogue, opinions and news on political topics in the USA.
USDJPY finally breaking out of triangle, heading towards first area of support. If it breaks thru there it’s a long way down. Could see some support at ~1.01.
Noticed somewhat of a inverted cup & handle forming on the weekly. Then started looking at the monthly and noticed when price broke below the 21MA(orange) there was a ~23% drop that followed. With all the uncertainties facing England this dropping to 1.00 in the next year doesn’t seem so far fetched.
