Microsoft Corporation has been trending upward as are most stocks and sectors since the U.S. elections last year. Although "good" numbers and much hype surround markets, Microsoft has not had great results after their earnings calls for the last four years. The stock is also at the top of its clearly defined trend channel which has always resulted in a decline...
"Bitcoin Breaches $6,000 for the First Time" www.bloomberg.com
"Wall Street hits record highs" www.reuters.com
"Dow closes above 23,000 for first time" www.reuters.com
First of all; when I publish this idea my drawing gets messed up so please look at this image instead of the chart because I’m not redrawing this. So I’m not an expert but I am obsessed with crypto and watching the charts. Ignore the white unfilled triangle. But I was very right on that idea too. LOOK AT THIS. THE SIMALARITIES ARE UNBELIEVABLE! SEE THE...
Price remains in a bullish trend, reaching a new historic high level.
Price has reached a new historic high level with a hammer candle.
Price remains in a bullish trend, reaching a new historic high.
Price has reached a new historic high level.
"After a seven-session winning streak that included six straight record highs, the Dow Jones Industrial Average broke above the 22,000 level on Wednesday, powered by gains in Apple Inc (AAPL.O) after the largest U.S. company by market capitalization reported earnings." www.reuters.com ,
Looking at historic prices of bitcoin. Correction is comming
One Historical Perspective look. Trade ideas posted are only my journal, not a recommendation to buy or sell. I do appreciate all views be it a like or comment. Thanks
On April 26, 2017, Delta Airlines ( DAL ) crossed below its 150 day moving average (DMA). Historically this has occurred 41 times and the stock drops a minimum of 0.194%. It has a median loss of 6.485 % and maximum loss of 40.441% over the next 15 trading days. When we take a look at other technical indicators, the relative strength index (RSI) is at 52.8562....
Here we are now, SPX500 is most likely at his historical top and had started its correcting move. Next stop is 2147. Trade safe everyone. Cheers, Keops
Hey everyone, Just wanted share some levels I'm watching as we slowly creep higher. The overall trend looks bullish and a leg up here could be getting close to last stop territory before things open up for a test on the all-time high. We're not parabolic and extended into space from here either. There's plenty of support with very little in comparable resistance...