The longer term chart looks like this stock is going much higher based on the massive amount of buyers coming in. It is much stronger than its sector and has the Canada Pension Fund as one of its big investor. I'm sure they did their home work before plopping down $550 Million of its members money. The low volume test that we had last week meant that there were...
USDJPY has a monthly, strong trendline - which is moving down (green trendline on the chart).
There's a weekly uptrend, supported by 2 trendlines - hitting both the monthly trendline, inside a monthly s&r zone.
These are weighing heavily on the trend and is likely to break at least 1, maybe both weekly trendlines. A smaller, weaker trendline is already being...