GE30EUR has just reached a Resistance level at 12037.4 (the red marked area), a Bearish Sign. Including using Regression Trend and the manual analysis I have done also show Bearish signs.
RSI is though not showing an Overbought opportunity but it's showing signs that GE30EUR is very close to reaching another Overbought Opportunity.
*That's 4 Bearish signs*
I...
I did successfully locate a Support level on MSFT (1h) from 113.15 - 116.12 (The green marked area) but i did Fail with locating a Resistance level. If this bearish position goes as planned, it should reach above 120.80 but im not taking that large of a risk so I'll place my stop profit on 120.80 (the yellow line) and stop loss on 116.12.
Keep in mind if you...
Even though AAPL has hit a new Lower-Low, AAPL did recover and Hit a new Higher-High which is a bearish sign, I'll be placing a position on long, stop loss on the last Higher-Low and Stop loss right below the Resistance level.
Does anyone disagree? Please comment if you do!
