Simply Aluminum is in down trend and also LME raised some customs pricing this week this will trigger more short on this commodity. I'm sitting on short till chart shows me a reversal. Its good to take this risk.
Chart Industries reported an earnings surprise with Q4 income at $0.88/share, up 23.9% year over year. The chart is currently experiencing a bullish breakout over old highs. The ADX is above 20 which is important for a valid tradable trend that is not in a sideways consolidation mode. The new bullish change in direction is confirmed by the green DI+ line above...
SETUP for a Swing Trade with 5 to 1 and 10 -1 risk reward. ENTRY Range, Initial STOP, and 2 different Target levels listed on Chart. Any Questions happy to answer how I use this setup to make consistent profits. Setup= 1. Bollinger Band extreme with strong bullish candle followed by 2 days closing above that candles low. Pattern has repeated again and again. ...
Copper / USD Weekly chart Copper is breaking up the second Tentative Down Trendline. New Tentative Up Trendline in place. See the links below