From this anticipated direction analysis, the displayed price impact affects profitability. You can further analyze the direction.
"Interesting trends in support and resistance can be gleaned from this analysis. The displayed prices play a role in profit-taking, allowing you to further analyze the direction."
The profit direction of BA stocks can be determined by looking at resistance levels and the RSI indicator.
The profit entry point should not be lower than the price of 86.63. Therefore, if the opening price is lower than the anticipated price, it is not advisable to enter for profit on the upward leg.
Investors are considering the direction of Google's stock. What do the charts indicate about its direction, and what are the signs for profit-taking? How would you make your decision?
The resistance direction for Visa stock can be determined by looking at profit-taking points at resistance levels and the RSI indicator line, as shown in the image.
"The profit-taking entry point is at 158.4, while the profit-taking exit point is at 125.78."
Currently, the candlestick is in a consolidation phase. However, based on the trend analysis and observing the support and resistance lines, there is an opportunity for an upward movement. In the resistance direction, the price is likely to rise to 524.61. And if the direction reverses to a downward trend, the profit-taking point for the downward leg is at 466.43.
The entry point for buying QQQ stock at the price indicated in the image can be followed, with both entry and profit-taking points provided.