Looking like the RSI got up there on the longer time frames, MACD rolling down on the 4hr. Blow off top formation? We have support and strong volume profile at around .1246- .1295 . Please do not confuse my ammature speculation with professional trading advice.
I am long term bullish but I see a nice test of the trend line which may act as resistance. Potentially a drop just below to grab a little liquidity and then a continuation move to the higher side back to $5.81. I am seeing the 4hr macd dropping and RSI within range to drop more.
This is my first wheat chart, dont get too excited.
This is not trading advice.
To me it would seem as if the the old bitcorn might go down to $8300 before bringing enough steem for a rally, assuming that it holds there. When we rally I have a short term target of $10300. This is not trading advice.
There seems to be a continuation of selling to the downside and we got some resistance coming at $53.63, as I see on my chart. RSI is low on the 4hr so we might hold or go up a tiny before this move down. This is not trading advice.
Phivida is a major CBD Canadian energy drink manufacture, who is clearly high in debt but has a great product, sales and decent market share. Fundamentally I have no idea if they can survive long term, but it does seem that they have come off all time lows and are now rising.
Interesting, is the fact that the US ticker PHVAF does tend to be more volatile than...
We officially hit resistance with Gold and Silver both, go figure. Silver often follows the pace of Gold. The price targets have been determined on common support and resistance but also with the consideration of the Volume Profile Visible Range specifically. This is not trading advice.
Looking like we hit resistance here and have been pulling back for sometime. The last run was a bit hot as you can see from the weekly candle wick a few weeks ago. Pulling back to support around the 21 ema makes sense to me here. We are still bullish on the ichimoku weekly and I still anticipate higher prices to come after the pullback.
Is it possible that we might see that gap down at 255 filled? Assuming that we go lower, we will probably bounce around the 360 level and that could be a small play too. This is pure speculation and not trading advice, trade at your own risk.
I would like to see this rally continue, the descending triangle has clearly broke and I am treating this as a bull flag as well. Using the pole to extrapolate the measured move. I feel $1700 would be the next bullish target in the mid term
I was expecting silver to pull back and it did. I was hoping for a further pull back, but the TA says otherwise. Clearly we are testing into $18 where we may stall for just a moment, but longer term I believe that $20-21 silver is very doable. I have forcasted $40 for the next coming years, however, economic fundamentals may shift the longer term. This is not...
I can easily see oil hitting $70 a barrel here soon. The real question is will we get past $70 and see $100. I think that if we don't break up out of the decending triangle past $70-71 there is a good chance we will break to the down side and see $30 oil and maybe lower. This is not trading advice but rather speculation and personal observation.