WMT has been in a bottoming formation most of this year. The big gap up was HFTs taking advantage of those who trade on earnings news. Notice how quickly profit-taking follows. The all-time high is strong resistance. Walmart is one company that is stating it will face revenue and earnings problems due to the Trade Wars and new Tariffs on the Chinese goods it...
To me, it will either do a new Alltimehigh in OCT or DEC. DEC would mean, it all would pretty much repeat from last year. OCT means, crypto will go AllTimeHigh very soon and do a faster correction (maybe 2-3 months). The 2 ideas pretty much are my views for BTC/USD too. White line is DEC Alltimehigh, black line is OCT Alltimehigh.
DrGraph points out more on the use of Local Maximum / Local Minimum and C75 / C25 tools in Forex Insight Pro 3 to tell the time of price recovery from all-time-high correction in a SET:IVL monthly graph.
This one is really interesting. Not only did we cross again the 40 mark on the daily RSI (repeating wave pattern), but also we bounced off the 6k support line which not many people had expected. Market always finds a way around the opinions of the masses. This time I want to show you, how a parabolic reversal back to ATH could look like. Its matched with the news...
Going down soon- look out! This for education only is not advice!
Looks like a double top formation with H&S filling in live now. Expect lower end of day and into next week. Good luck! This is not investment advice and Im not advising anything, all posts for education only.
I can see this will happen in January. According to the RSI and trends. Follow it up.
$RUTH is an example to trend following using the sma50, this moving average offered several buying opportunities to go long. Today the company posted earnings and the stock hit all-time highs. First entry $21.80
Last post: June 30th. See chart . Review: Price was heading up towards the previous all-time high. Update: Price has now started to challenge the all-time high resistance level. Conclusion: We need price to clearly break through the resistance level and stay above it, then we can start to look for long opportunities. Any comments or questions, do not...
What does the last 2 troughs in the TYA channel has in common with the current? Equity markets were at all-time-high. SPX CY'18 is expected to deliver +26% eps growth this year thanks to the tax cuts and budget deficits. Next year, it is expected to deliver something closer to norm, 10% growth. That is if the Trump's FART bill (google it, not kidding, there is...
Tesla has been having the best month so far. Growth is spiking with barely any bearish days. Today price action breaks and closes above the $360 resistance level (3.53% up!) that was tested multiple times since October, 2017, opening the doors for higher targets. All-time high at $390 is the next major level. Investor sentiment is positive so far despite recent...
Pretty recognizable pattern breaking exactly how its expected to. I see DAL testing 60 again soon
Last post: June 1st. See chart . Review: Price was starting to make new all-time highs and was looking strong. Update: Price is still looking strong and is currently doing a pullback. Conclusion: We need to see a breakout of the previous high before considering long trades. Any comments or questions, do not hesitate to leave them below. Give us the thumbs...
This stock is featuring for the first time on our TradingView blogs. Current setup: Price is above the previous all-time high and making new highs. Conclusion: We will be waiting for a breakout on the daily timeframe to look for trading opportunities as this will confirm a continuation of the uptrend. Any comments or questions, do not hesitate to leave them...
Last post: April 24th. See chart . Review: Price was holding at the support level highlighted. Update: Price bounced off the support level and is making new all-time highs. Conclusion: We are waiting for breakouts to compound on the trades we already have running and in profit. Any comments or questions, do not hesitate to leave them below. Give us the...
Last post: March 27th. See chart . Review: Price was bouncing off a strong support area. Update: Price has advanced and moved up over 700 points and now close to making new all-time highs. Conclusion: If price closes above the previous all-time high we should see bullish trends in most UK stocks. Any comments or questions, do not hesitate to leave them...
Cisco, it's got the story. It's got the upcoming earnings . Besides the technical charts showing strength, it's attractive and I'm surprised I haven't heard a lot of news coverage given earnings coming up. CSCO 0.72% has the cloud thing going on, it's got the telecoms aspect in a digital way that integrates with its cloud and enterprise solutions. Having that...