Here we see a completed Cypher pattern on the Canada japan charts. The pattern suggest a continuation in downtrend and appears to be respecting the linear regression. I believe that the market will rally down into the 1.618 extension of the BC leg before consolidating again, or reversing. I have placed my entry at current market price, my stop is at the...
Not much to say here. We see an obvious regression going on indicating an uptrend is about to take place, however it's also possible the stock price follows the triangle pattern plotted breaking through the bottom (bearish) or top (bullish). It's any mans guess at this point.
Green: lin reg of all time price action on Bitstamp Red: lin reg of downtrend Assuming price is going to spend same time bellow the green line as above it, and also move the same amount (in %). I'm using linear scaling because linear regression doesn't seem to work well on log scale. We might see a last push towards 130 - 152(last major low). place your bids in...
Gold has been trading in a descending triangle. Read the full write-up with more charts: www.enhancingcapital.com
I know it's an oil stock, but technically it looks primed for a rebound. I love the double bottom from 12/15/14 and 1/15/15 and there's been responsive buying recently. Also, the double bottom is from support levels on a regression channel spanning quite a ways back, so there's probable cause for longs to profit at these levels. There is also a positive...
NZD/CHF has clearly been in a slight uptrend for over a year. Here is a simple model that may help you find the right time to buy or sell.
The mainstream press like CNN, Bloomberg or The Guardian thinks that Bitcoin is dead by simply comparing the price change from December 2013 to 2014. Bitcoin is far from dead, but there is a risk of a new downtrend if the price falls below $315 - Bitcoin Bears Say Told You So As Digital Currency Falls (Bloomberg. December 15, 2014) www.bloomberg.com - Bitcoin...
FDX is another one of our preferred trending stocks and has been discussed in our private forum a few times. Price broke out of the regression trend channel almost 2 weeks ago and continued to trend upward. Yesterday price closed above the resistance level and this has now been placed onto our bullish watchlist. Wewill wait for a chart pattern to set up any long...