Well defined triangle with a well defined breakout. Market sentiment at the moment is bearish, giving this trade another odds enhancer. Target 1 just below 96. Target 2 would be the support level around 86. Lets see
What is orderflow? Order flow in any market is the placing of either pending or market orders. Prices may move due to the placement of these orders. What this means is that current value (i.e the spot rate) changes when there is a consumption of liquidity at a particular price level. Why is this important? What is occurring with any price movement is that...
GBPUSD our psychological target is 1.6000 within this year. However our weekly outlook is to 1.5300-1.5450. If price breaks above 1.52850 then we are looking to enter at 1.52900 to our first target of 1.5300 then to 1.5400 with a stop loss of 1.52650. (HOWEVER PLEASE CHECK CANDLESTICK FORMATIONS ONCE EACH TARGET HAS BEEN MET). If price breaks below 1.52535...
First test to yesterday's bears will be the uptrend line shown in the chart. If it'll breakdown, the next test will be the 42.2-42.4$ support zone but then, with a broken uptrend line, it could be a matter of time before $XLK reached 41.5$
You are looking at a DAILY chart of CYBR. Although I like to use weekly charts in my posted ideas, CYBR recently ipo'd and therefor the daily chart will work just fine for this idea. Please remember that daily charts will give us buy & sell signals that may not last as long as the signals on weekly charts. So keep your eyes on your money... Cyber Security. ...
After riding the lower portion of the band during the last correction, INTC made a sharp reboun with the lower vol band and price moving back toward the top of the band, indicating a breakout. Additionally the MACD supports room to run on the break out. A failure to break the 200 day SMA would nullify this hypothesis.
In this week's Weekly Markets Analysis I cover $SPY, $QQQ and $IWM. The last two shows strength over the $SPY, what does it mean? Who is giving us a hint regarding the markets direction? Is it the $SPY weakness or the $QQQ and $IWM strength? Check out this week's newsletter to view these analyses and more: marketzone.tumblr.com Subscribe to the...
December 17-18 gap is closed, and like I thought it bounced right back. The heavy selling seemed to be sparked by macro sales, but not a lot else changed in this company since. Both accumulation and price have found support and seem to be reversing, but I would watch for a break below these levels just incase there's more to this picture than we've been hearing....
Positions yourself early for the next tech bubble. Smart money already accumulated in the green range which we are leaving rightnow. Best buying opportunity would be one more of these spikes to the channel bottom.
I believe, fundamentally, that blackberry is undervalued at its current share price and this is why. Initially that had a hard time keeping up with the competition, and lets face it the Z10 and the Playbook were both major flops. But a business can, and should use its failures to its advantage, and use it to tweak their business model which is what BB seems to be...
$GOOGL....Looks bearish as it has retraced much of its recent uptrend from 10/13'........that usually doesn't bode well for longs when a bullish uptrend is retraced quickly.....also it doesn't seem to have much bullish volume for a reversal to happen....if it breaks support around 525 then it could test the 501 level which is the .618% Fib from the uptrend.....if...
Seeing a reversal in trend? Notes on chart. - - - - - **I am not a professional trader, nor I do really know what I am doing in any situation. Please don't make any real trades based on anything I may post.**