The chance that this is the long awaited uptrend is growing. This is an update of my original chart, which I created 1 month ago: In this update I optimized several indicators to better reflect the current trend. Overall it's looking good. But 2014's downtrend has not finally been broken as of today. That's why I post this as a neutral outlook.
THG is not a great trending stock but yesterday's gap up on the daily chart offers a possible short term opportunity. This stock may continue its general move to the upside but it is too erratic (at present) to trade with confidence for the long term. Price has dropped below the daily 200ma on several occasions recently, which prevents it being a good...
SRE has been a good long opportunity since breaking above the $72 zone. On the weekly chart the 50ma has acted as support throughout the trend. While the pullbacks on the weekly have all been within the normal parameters they have been a little more cumbersome to trade on the daily chart. The last two deep pullbacks both dropped to test the 200ma and figure 100...
Updated version of my BTC volume chart. 5 waves defines impulse. We are putting in abc now. I expect it be very shallow. To find out if this completed wave 1 of 1 of cycle degree 5 up check out my website bitcoinprotrader.com and sign up. I will be back to updating it shortly. Donations accepted!!!!
H&S target is not reached yet so I'm expecting another wave up. Buying blindly and looking to take profit this year. We might see prices around 50 in June, 2015
1. Each bottom represents an approximate $60 increase from the previous one ($55-$115-$175-$235) and on Friday we closed just above $235. 2. TSLA rebounded off of the orange trend line twice, seems like its going for a third time. 3. $235-$240 level has a history of being a support/resistance level dating back to March of this year. 4. The RSI shows TSLA is...
DAX Resistance The DAX is currently in a very strong resistance zone. In fact many of the largest stock indices are also in the same position please also see my trade on the FTSE (Global Equities Turn-Around) It has touched this level 2 other times this year, we have seen several retracements on the dax this year and this seems to be where it stops the...
Going long on the Dollar Index might be a dangerous move. We have seen a nice bull run. A Parabolic move that could come to an end. Fib Spiral credit ---> Kazonomics It is an idea. Against the trend is not always a good idea. The trend is your friend. At this stage greed is taking over & it would be perfect for the banks/institutions to dump. * REASON FOR V2 ?...
Chart speaks for itself: Positive NFP and unemployment rate send pair back into channel after correction down, This pair will go to test 2008 high @ 110.700 befe any signifiant correction down will occur again. Stoch RSI and bullish candle on Daily chart show uptrend will resume. On the 1H chart, R2 is broken, next target top of channel, then might rebound down...
Key Hidden Levels indicate that BBRY is having an easy time rallying and is set for a move higher, with a wide stop. There is a Key Level up at 12.50 that I am targeting. Buy dips to 10-9.80 and look for a move to a new 52-week high in the near future. Earnings due 9/26 Tim 3:09PM EST, Thursday 9/11/2014 10.73 last BBRY NOTE: Subscribe to Key Hidden...
up or down !! if up => go to 2050 if down => bridging the gap in 1950 and maybe later in the very long term go to "1800-1700" What is your choice ? up or down !!
Being in a daily uptrend, USD/CAD has strongly rejected a previous support level (1.0860), and the 0.5 and 0.618 Fibonacci level in its pullback and closing on Friday 29th August 2014 above the 50ema as both an outside bar and a low test giving well-founded signs of imminent bullish continuation. A drawback to this trade would be that the weekly chart is still in...
Tendence continues with this pattern for short entry Stick to your plan & follow your rules!
After taking a long position in this wedge we can expect the price to breakout in an up trend or going short to the next resistances
22/07/2014 Corning Inc (GLW) On the daily graph we can see an ascending triangle in an uptrend. There were breakout @21.74 and we can see there is an flag near upper line of the ascending triange, which is bullish signal. I'd bought at current market price with stop loss at $21,45. Measured price target is approx. $22,80. Extended price target is approx....
Preparing for the next uptrend with a nice RSI divergence from the on the 1 hour trend. The movement of Litecoin have been rather predictable so far with a triple bottom rise on 16th July to a H&S formation collapse on 19th July. Bots camping out at 8.455 area: imageshack.com It is now clear that $8.453 and $8.52 acts as a strong support for the current...
The current economical monetary situation leads the AUD to strenght and JPY is getting less worth because of money printing of Japan. Uptrend for the next weeks with Target on 103.000