I expected this EFT to get down to the $70 neighborhood before I'd step up - and it has. Seems to have bounced nicely and is trending upward.
I suggested in an earlier post that I'd buy tech ETF's if they dropped to my target of $25. In this case, it got there and is rebounding nicely. Suggest it is okay to own.
The worst of the troubled industry seems to be over. Good results from Canopy and continued management restructuring in other companies having the desired effect. Oversold sector has room to go 'higher'.
- Trend is up - Price came back to test the breakout area and consolidation zone - SL below the - MANAGE YOUR RISK - Disclaimer: All ideas are my opinion and should not be taken as financial advice.
AMAT is trending upward shown in the weekly chart view, after dropping to the 50% value loss level. This is a common area for a bottom formation to commence.
LXRX is a penny stock that has performed well over the last few weeks but looking at the chart, shares are trading within the gap zone. Volume this week compared to previous weeks is lower. Is that a concern or just a slow week? "Shares of LXRX stock have been on a tear for around a month. This was ever since terminating its partnership agreement with Sanofi....
Celer Network At Binance Will Pump 100%
This is the greatest opportunity of a lifetime to buy alltime low and reversal towards a massive 100%. Pump.
ANTM has established support at $284 and if you look at the graph. Each green line shows a support level. The first resistance level is at $294. If it breaks the resistance level then it will easily pass $300. The technical analysis pattern is a BULL FLAG and is trending upwards. It's most recent support level is at $284. Volume is staring to increase which makes...
'bout to hit a lick on these AMD 30$ Calls. Papa needs a new Benz; lets go.
from the pass 10 years, there is a unidirectional movement of the currency start in mid-Apr. either up or down for 1-3 months. At this moment, DXY show a impulse leg going up, so the assumption is DXY go up for 1-3 monts to test 100. according to EPSR report, money is flowing into US equity market, and selling European stock is most crowded trade. so there should...
NASDAQ:CRON AS Cronos tries to get back to the ascending triangle, notice the money flow getting better. Although the volume has been almost non-existent. Watchlist**
Drove Elliot wave count on 4 hourly. We are trending up in short term and if we continue to retrace to 0.382-0.5 Fib on each wave, this is how it would look like. I believe 4400$ is imminent in short term. If you want to know my take on monthly BTC price action check my previous post!
#PriceAction, #FOMO, #Trending
Price have shown a significant pullback to test an important area around 0.88195. Medium term; market is in a uptrend with a possibility for it to continue its trend up to test the 1.272 Fib level. Kept S/L relatively close to the support. A break of the 0.88575 level will clearly support the direction of this trade. Needless to say, fundamentals and news related...
I took some of the countertrend before it continued on the trend, which I saw happening on the MONTHLY a few weeks ago off a butterfly pattern. It would be fine to just treat it as an upward trending BUY on a 4HR interval that still has room for at least 30 pips considering the RSI.