I'll be watching ABX.TO tomorrow for a potential swing entry. My entry stop will be below the last hourly support and if I do take this trade, I will monitor any SPY consolidation to ensure my position is not in danger.
Key resistance 17.40
Big move today following a tweet buy President Trump that he has accepted the resignation of Attorney General Jeff Sessions
twitter.com
This came after a clear hourly bear break across the sector singling some daily consolidation was coming, but this breaking news clearly sidetracked that plan and delayed consolidation for at least a little while. I am closely...
Big move today following a tweet buy President Trump that he has accepted the resignation of Attorney General Jeff Sessions
twitter.com
This came after a clear hourly bear break across the sector singling some daily consolidation was coming, but this breaking news clearly sidetracked that plan and delayed consolidation for at least a little while. I am closely...
CGC saw a huge move on President Trump's tweet that he has accepted the resignation of Attorney General Jeff Sessions
twitter.com
This came after a clear hourly bear break singling some daily consolidation was coming, but this breaking news clearly sidetracked that plan and delayed consolidation for at least a little while. I am closely watching for the hourly...
Bulls definitely showing they're not going to roll over here.
Key levels:
S: 279.00 - lose that and we lolk for healthy 4hr and daily consolidation
R: 281.10, then a lack of resistance until 286.91
We've now bounced over half way from the low of the dump back to all time high
As you can see the MACd is brutal up paralel with two lines. it is uptrend. Yesterday I made a videoconferency with hungarian guests. If you like it I found out Time anomaly. So it is working. 5% . support and resistance also work in this chart.
WTI and BRENT has been a great source of trades for us this past month and downside looks likely to continue however we would like to see the market retrace after breaking through the key support level around 64.80.
Seasonally Crude Oil through the end of November to the middle of December sees significant downside which lines up with the technical analysis...
ACB gapped up over the key resistance and saw profit taking, fighting back throughout the day to climb to a new high of day.
Levels I'm watching
S: 9.07
R: 9.88
CGC had a nice little move after breaking the daily inside bar today. I'm looking for some profit taking tomorrow as the hourly chart needs a new support above 36.67
S: 36.37
R: 41.06, 42.43
A simple idea of what to look for when we finally break this bearish trend.
We see late in 2015 how the most simple price action and EMA concepts can give us an undeniable reason to start building a long position.
Once price broke above PA-based resistance, we got a retest of both the PA and the 55 EMA, we also see that the EMA's has flipped to bullish...
We have been talking about NZD strength for a while now as the Long contracts saw another boost this the week from the Commitment of Traders Report. Looking at the market technically we can see price has created a higher high on the daily chart. This indicates we could see further upside to come. Looking for a retracement into the previous daily highs with...
SQ has a night daily equilibrium playing out. We're looking for the hourly supports to break next week to signal healthy daily consolidation is coming to set a daily higher low above 64.69. I will potentially buy the hourly trend change, another strategy I may employ is to wait for the daily trend to change and break our resistance of 80.32 - that would...
Have you ever thought bout investing in stocks for the dividends? Technical Analysis can absolutely help you pinpoint the best time to invest so that you don't have depreciating capital masked by small dividend payments.
APHA has an hourly uptrend on watch to determine if we're going to see bounce continuation or healthy daily consolidation.
Key levels
S: 15.07
R: 16.17
Watching the ACB hourly uptrend, the loss of which will signal healthy daily consolidation is coming. A break of Thursday's high of 9.28 will have us looking for bounce continuation.
Key levels:
S: 8.84
R: 9.28
Decided to try something a little different today because I don't want to type up a bunch of analysis.
I'm watching the range of Thursday to break to tell me if we're going to see bounce continuation of a healthy pullback to form a daily higher low, and then try to change the daily trend with a higher high.
Key levels:
S: 35.85
R: 38.28
