That doji sure looks ominous right on the downtrend line. Looking for this one to go south from here.
Hain painted a shooting star on friday warning this run may be slowing. Will be watching to for more in the week to come.
Recently WPX broke the downtrend only to run into every SMA. It looks wired for growth with so many moving averages in one place. We will see.
With higher lows and lower highs this pattern looks familiar. problem is this was also the case on most recent high. Will watch to see if this turns north or south.
Will it break any time soon. With nothing to stop it sure doesn't look like it.
Another equity sitting on 4 year support. Holding up so far but will it last.
...........is it over or is it just coming off a low. I will be watching.
Just watching this one to see where it goes from here.
FE made a major break last week of 4 month old long term downtrend line. It made the break off long term support. I will be watching to see if this foothold can climb. Weekly oscillators show ready for a long term move up.
MLNX crossed it's downtrend line over a week ago and is struggling to stay positive but it is moving north slowly.
FDO broke the downtrend line on friday and closed above the 10EMA. Also, many key daily and weekly oscillators appear poised to move in a positive direction.
We have higher lows as the 230SMA moves south. This has foreshadowed higher highs in the last two swings. Will watch to see if we break downtrend line. If we do, we could be headed higher. Expecting resistance at the major pivot area.
Adding 10EMA . Will use this chart to track short term PPS movement of possible retrace to 100SMA.
Will it trend lower or higher? Looks like this one is going right down to the end. Next week may hold an answer as these trend lines cross.
Has Gold finally found bottom? Last week we completed the third leg of a Buddha Reversal. Fridays candle is sitting just below 250SMA as we go into next week.Cross it and the downtrend line and this golden bottom may well make believers out of us all as gold finally looks north.
At least I think so! ARNA has been currently trading in a four month money making channel and I see no end in the near term. The PPS recently bounced off the 200SMA and is sitting just below the $8.70 pivot . The upward trend will be met with some resistance in this area but once past, I will be looking for a top near $9.50 at downward trend line.