#GOOG Bears are stomping this market to new move lows! - www.forex-trading-unlocked.com - Do not fight this slide. 505.00 price target. The Technology Sector is under fire. Do not try and catch a falling knife. Volatility is here...and it is not leaving any time soon. Think of it as a profit taking break for now.
The support level built over the previous two days was broken pretty decisively at the open.
The line previously in focus is still in play.
Looking for price to break new support at last week's high( straight red line)
Not only numbers is attractive but also the chart. When both agree on company's future outlook, hard to resist to stay sideline and wait correction to happen in order to enter your long waited trade. In most cases, we are right about FB and so far all trades were profitable by simply using a few signals. Very strong level to watch now is $78.56 area where some...
It's not exactly breaking-news that Twitter tumbled shortly after it's IPO. Today's close brings the stock a smidgen below its near-IPO low of 38.80 , just before the euphoria of.... absolutely nothing set in and shot the stock to an all time nominal high of 74.73 proving to be nothing more than some kick-ass fuel for fire.
TWTR closed the day just below the...
Google (GOOG) broke up down channel first time on 12th of May and regained 8 and 21 EMA. That was first signal that this may change direction. Google almost reached my target at $557. Next resistance at $564-68. It should hold above $540 support to keep attention of active traders. Then we have series of higher lows $523.57 and $511 that should act like...
This is a 4 hour chart of the QQQ and it shows both the bullish and bearish side of the argument. I have a bias to the bear side due to bearish divergence on the weekly chart and also the head and shoulder pattern. However, the bullish argument is that we have an inverse head and shoulder pattern ( green) opposing the Bears, and also the fact that we are still in...
