After its minor bull, Dow Jones is now at its resistance area and if we take a look at its 4 hour chart we could see the price is forming a head and shoulder pattern. If within several trading days the price break through its support area, there is a probability the index would continue its major bearish trend, and going back to around 18,000 or even lower.
Rebounded from its bottom several days ago, the stock price is currently traded above its bearish channel’s resistance. We could assume the trend is reversing and the stock price would start to rise again after it retouch its new support at around $45.84.
The stock price just bounced from its major support yesterday and now it is going to test its resistance. If it could cross above $87.5 area with high volume, there is a probability the price would reach $98 or even $106.
Currently the stock price is at its bullish channel's support and it formed short term multiple bottom so there is a probability that the stock price could surge to $63 or even higher if it could cross above $57.5 area.
It made multiple tops since two months ago and currently it is at its bullish channel's support area. We could wait and see and if the stock price could exceeds its tops at $76 area with high volume, probably the stock would reach $86 area within one trading month.
The stock price is in its major bull channel's support area and it is forming a short term cup with handle pattern. If the stock price could cross above $180 with high volume, probably the price would go to channel's resistance at around $200 or even higher.
It just broke above its major resistance and bull channel's resistance with high volume. It could keep moving up straight or probably go back to its new support at $40 before continuing its upward move. But if today's closing price is same with the opening price (showing a strong rejection), probably it could be a strong sign that the stock price has failed to...
Two days ago we gave an analysis that AAT price would drop but it actually failed to cross below it’s bullish channel’s support at the closing time and today it makes a new 52 weeks high. If it could keep the price above it’s previous resistance at today’s closing, probability the price would keep going up.
ALTR bounced from its bull channel's support and is now moving upward. If the price could break above its control price area and mid term resistance at $40 area, probably the stock price would continue its move to $44 or even higher.