RSI indicator is at 34 and it is oversold and it looks like this can be the bottom and may recover, entry and target shown in the chart.
Short term downward momentum is weakening and the MACD line is about to cross the signal line from underneath, indicating that the price is ready for some upward movement. Also, backed by 50MA support and trend line support indicating that trend continuation is very likely. Entry: 36EU Target: 41EU SL: 33EU
After a strong bull behavior in the first half of 2020, now is starting to get bear as we can see the MACD indicator changing the price with a non-stable William’s Alligator index due to the necessity of a readjustment in the price. As Tesla has become the most valuable automotive Industry, recently Porsche have announced that they will make only Electrical Cars,...
Hello Traders! The price of BTE looks like it's about to cross under the 50 SMA (sell signal). Combined with a pessimistic looking MACD and RSI, and a bearish MACD-divergence, we have reason to believe that the price is going to drop to the 0.35 support/resistance. In case the price crosses under the 100 SMA as well, it might even drop to 0.1993, but the SMAs...
Hello Traders! After an unexpected jump of BXG with a sudden increase of the MACD and the RSI, we are left to wonder if this is something temporary, or if the price will truly break through the 200 SMA. After a confirmed breakthrough, I am confident that the price will have the necessary momentum to make a full recovery, crossing the 9 support/resistance and...
Hello Traders! Supported by ascending support, a MACD that has just crossed over the 9 EMA, an optimistic RSI, and the 50 SMA crossing over the 100 SMA, the price of ABR has just broken through a descending resistance. If you should still don't trust this extraordinary accumulation of strong bullish signals, wait for the price to cross over the 200 SMA, but such...
Hello Traders! AAT has recently broken out of its descending triangle bullishly. Since the 50 SMA just crossed over the 100 SMA, the MACD has crossed over the 9 EMA and the RSI is looking optimistic, we can expect another rally to come quite soon. The buy signal is the price crossing over both the 50 and the 100 SMA and it will rise to the first goal (the 29.33...
Hello Traders! The bearish triangle of RGCO is about to reach its end and we can expect the price to break out bullishly in the short term, as it did in the past. The MACD is about to cross over the 9 EMA and the RSI is far away from overbought. I expect the price to rise to and be rejected by the 50 SMA at around 24, which is the goal. The buy signal is the price...
Hello Traders! Consol Coal Resources is on a long-term downtrend and will most likely stay like this for another few months. Recently the downwards momentum has died down a little and the MACD has crossed over the 9 EMA, but the 50 and the 100 SMA have acted as resistance in the past. I believe that the price will rise a little bit before being rejected by the 100...
Hello Traders! The price of Silver Futures has been on an exceptionally strong rally, but at some point, every uptrend has to stop and the bulls can't push through the very overbought RSI forever! I believe the price is soon going to fall again, with almost the same momentum as it rose. As soon as MACD begins to show weakness and the price starts to fall, make...
Hello Traders! The price of Gasoline Futures has recently returned to its normal range but the momentum of its recovery seems to be completely used up. The 50 SMA may have recently crossed over the 100 SMA, but both the MACD as well as the RSI look rather pessimistic, both indicating bearish divergence. I would be very surprised if the price crossed over the 200...
Hello Traders! AAU looks like a solid opportunity to go long for the near future. The MACD has recently crossed over the 9 EMA and is now far above it, indicating strong bullish momentum. The 50 SMA acted as resilient resistance in June/July, as did the other SMAs before it, and now that the price has crossed above all of them, the bullish momentum has intensified...
Hello Traders! The 100 SMA has historically been a reliable support/resistance for the price of AT&T and if it hasn't already happened, it certainly looks like it will be rejected by it and bounce back down again. The MACD looks rather undecided but has just crossed under the 9 EMA. The RSI is relatively centered and far away from oversold. The sell signal is the...
Hello Traders! The price of BCE Inc has moved in fast bullish jumps and slow bearish corridors for two times in a row now. The 200 SMA has already acted as a resistance in June and it is reasonable to believe it will act this way for the next jump as well, which is just about to happen. The first goal for a short position is the 41.83 support/resistance and the...
Hello Traders! After hitting and bouncing off of the resistance at 2.81 three times in a row, the price of ALSK is picking up some strong bearish momentum again. The MACD looks very pessimistic and indicated divergence on the previous top. The RSI 14 looks clearly bearish as well, but a little bit too close to oversold. The 50 SMA might be over the 100 SMA and the...
Hello Traders FFIC stock seems to be in a STRONG RANGE! The price has just touched the support line and it is moving towards the resistance line. In addition, there is a great ONE WHITE SOLDIER, a bullish pattern confirming the uptrend. The MACD shows that the bullish momentum is becoming stronger. The RSI 14 is in an uptrend and it is not overbought so there is...
Hello Traders! BCOM seems to move in a very big price corridor and has just peaked. A new short-term downtrend is confirmed by the price, the MACD, and the RSI. This is the perfect time to go short! VF Investment cannot be held responsible for any financial damages suffered from following our well-funded but personal opinions and trading ideas. Please, maintain...
Hello Traders! Due to the 50 SMA crossing over the 100 SMA, the RSI moving upwards, and an optimistic MACD, we can expect the price of GCI to spike again in August. Right after the confirmed spike will be the perfect time to go short for a medium to long term, as the price is on a long-term downtrend. VF Investment cannot be held responsible for any financial...