Hi Guys, As you can see in the chart, It had a healthy correction and heading towards the upward momentum. And also crossed the 55 EMA line which is a good sign for it.
"Moviepass seemed like a deal that was too good to be true. For a low monthly fee, subscribers could get unlimited tickets to first-run screenings. The intention being that with all the data collected from the users, Helios & Matheson believed they could monetize their information. As the company flirts with bankruptcy, they spend each day hemorrhaging...
Actually it's not correct counting in indices like this but just trying.
2 days ago Applied Materials found support level at $47.2 This was a good opportunity for traders to take a long trade. 2 days later it flew to $49.8
2 days ago, Applied Materials found support level at $47.2 This was a good opportunity to take a long trade. 2 days later it flew to $49.8
Interesting Thursday, a lot more volatility, and more trading opportunities. We had a couple of good trades, both trades were to the long side, one from YL and the other from S2, you can check our trades in the comment section of our last post. Moving forward, we expect a little more weakness, price was rejected from the March high, making a double top. PLAN...
The price above 200 MA, indicating a growing trend. The MACD histogram is above the zero line. The oscillator Force Index is above the zero line. If the level of resistance is broken, you should follow recommendations below: • Timeframe: H4 • Recommendation: Long Position • Entry Level: Long Position 372.00 • Take Profit Level: 380.00 (800 pips) If the price...
The price above 200 MA, indicating a growing trend. The MACD histogram is above the zero line. The oscillator Force Index is above the zero line. If the level of resistance is broken, you should follow recommendations below: • Timeframe: H4 • Recommendation: Long Position • Entry Level: Long Position 1145.00 • Take Profit Level: 1160.00 (1500 pips) If the price...
The price above 200 MA, indicating a growing trend. The MACD histogram is above the zero line. The oscillator Force Index is above the zero line. If the level of resistance is broken, you should follow recommendations below: • Timeframe: H4 • Recommendation: Long Position • Entry Level: Long Position 208.00 • Take Profit Level: 210.00 (200 pips) If the price...
Fibonacci and formations worked very well. On the monthly chart I also pointed to the returns from the Fibo supports and resistance. 17.73 (0.618) - Even if it turns, it can continue to move up 20.65 (0.5) - Important and equilibrium point 23.56 (0.382) - Most likely to return The first target is 20.65 but 17.73 is important too. You can sell at here and...
New high will not be late as a month for finance sector. $120 and more is a little range for JP Morgan Chase & Co.
Another retest and hold of the Feb lows indicating this bull run might not be over just yet. still think bulls have control Trade the triangle.
Expecting more downside for the Dow Jones in the medium-term. Looking for discounted entries around the beginning of Q3, assuming the downtrend continues along these lines.
As you may know now, the Federal Reserve eventually left interest rates unchanged and with no move to change its inflation outlook. A reasonable reaction was a resumed US Dollar appreciation a lot more consolidation for equities. The Dow Jones Index finished the session just off their low levels for the day, slumping 174 points or 0.7% to close at 23,925. The...
Pretty straightforward bracket here. Picking a high around $74 and a low in the high $40's. If I had to pick one, I would say due to the chart pattern the $74 is most likely, but watch for volatility taking this thing down to $48. Will keep an eye on it, options trade anyone?
Another big down trading day for equities. As Trade Selected Signal projected DJIA losses additional 2% on Friday session to head towards our T/P of 23375 (See Dow Jones Industrial Average Index_UPDATE chart). This VIX chart demonstrates the VIX Volatility Index (Chicago Board Options Exchange) featuring investors complacent. From the VIX Index, a displayed...