As always, thank you for watching my charts and listening to my bias on this stock. I pray you and your family have a wonderful and blessed rest of your Christmas!
Hello everyone. Crude Oil Inventories will be released in 30m. If Actual data is significantly deviated from the forecasted -1.9M, big move is expected to happen then.
On the daily chart, price is going to collide with the downtrend line. So, bearish on the daily.
On 60m chart, it's bullish trend with price consolidated on the short-term MA. So the big...
BKNG looks good here for some movevment, definitely worth putting on your watchlist if you can afford the expensive contracts.
LONG
-Bullish Above 1940
-PT @1969-1976, @2000-2010, @2024-2033, @1982-1986 (Resistances)
SHORT
-Bearish Below 1935
-PT @1920-1925, 1900-1905, @1883-1886 (Supports)
Timeframes - Weekly + 4HR
If a continued FB rally will happen it will be after the break of 254-256. There was some good news coming from the FB side, not just from ER but as well as the "Tik-Tok" news. So maybe if they release their very own "Tik-Tok" investors will buy the early rumors/news. We are due for correction from a TA POV, but if the market movers...
As analyzed sometimes before, I am expecting the German Index to be in a bigger consolidative wave 4 which I am expecting to play out as a "abcde" triangle. Within this triangle wie can observe 3 wave moves "abc". I am expecting the DAX to have finished an "a" and "b" wave and a "c" wave could now be about to start which should bring us lower. Therefore I am...
TSLA stock is at a crossroad and maybe hard to admit that its lost in direction and headed back down for a recharge. I do see the potential for this stock to rebound if it does drop. Longer term, aside from all negative headlines TSLA is a threat to the old standard traditional car makers, dealers, auto mechanic. Its also a threat to indirect markets such as...
NYSE:BHP
02JUN16 (Daily) - Low risk short trade if the market re-tests lows after a solid post brexit rebound.
BHP should revert and test back at around $26.
