Current trend lines suggest IBM heading to around $177 by mid July. Possible reversal of trend if trend lines broken are broken. Little indication of a change in trend are given. Most indicators reading flat or short.
Gold seems to be a haven asset for investors in terms of tensed siituations all around the world. Iraq is a key oil market player and there also is a difficult situation. Rebel activity in the North of the country has forced the U.S. to send to Iraq 300 military advisers. From the point of view of technical analysis there was a lot of tips and trading signals....
This TA is a part of my last one I have published. To understand this btw. the other you need to check both.
...so here's the link:
(and for all those even don't know me yet, sry but english isn't my first language, and I hope I don't sound like a complete idiot ^^)
Let's have a short view to this one:
We have crossed the most optimistic trendline from the...
**UPDATE** **WE ARE NOW IN A DOWNTREND**
See:
With more information I can say that the green triangle was already the (short) uptrend after the inverse head & shoulders completed the right shoulder.
Because we broke through the neckline at 600 US Dollar, when Bolivia announced that they ban Bitcoin and meanwhile Bitcoin exchanges like BTC-E and Bitfinex have...
Break above previous high of the day means that buyers are nterested in higher prices.
Tight consolidation gives good risk/reward opportunity with high probability as markets hitting new historical highs.
8 rising EMA controls price. 8/21/50/100/200 rising EMA with higher lows and higher highs - that is definition of UP TREND.
Check out my idea in link below
If you've been following my weekly charts, you'll see that my predictions of the recent uptrend from the $440 area were justified. Now we see that the confirmations I've been pointing to are also coming to pass!
This is a major uptrend. We might see some profit taking over the odd day, but sticking to a long term view - you may be wise to hold and not take a risk...
One of the strongest trends of the recent days have allowed this market to recover more than 61.8% of the last swing down (seen on a daily chart). Now 0.83 is in sight. It can be reached and breached, as such strong markets tend to test the upper median line parallel.
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Disclaimer:
There is a very high degree of risk involved in trading forex. I assume...
AMD has been trading around 4.04 for a year now, seems like 4 is the middle of both buyers and sellers. Even reporting good quarters it did not manage to go above 4.5. Good news is Lows are higher and higher, and the trend channel is going up. Traders cannot avoid the fact that the business is going somewhat up. And it is harder to manipulate the stock price...
30 - Year Treasury Bond
Long entry on Tentative Up Trenline and Resistance Line Level that can act like Support Line..
Stop loss below Resistance Line Level.
Take profit at 3.73.
See below the links TNX 10 - Year Treasury Note
With the market trend (currencies and commodities, stocks) I know that each and every one of us has a different perspective from the others and I will write my opinion in the direction of the market (currencies or commodities or stocks)
I posted a case on the daily taking some liberty with the possibility of a symmetric triangle -- I determine a bullish case due to MACD/RSI/OBV suggesting a positive divergence with respect to price. In this case, I with a descending triangle, I see a channel that is forming in a possible uptrend with significant fib resistances.
We do see some volatility in the short term with the market not understanding which way a break will come. However the investor with a longer term view should take into account the weekly charts where stochastics are showing a repeatable and inevitable uptrend in the making. The Summer period is looking to provide the next significant uptrend starting within the...
Market is choppy in 2014 with lack of continuation moves both sides. So, theme of the year is stock specifique approach. I am looking for strong stocks, buying pullbacks and support.
Intel is in strong uptrend since the beginning of 2013 year.
Now, stock is wedging. Support at $26.00 could be our stop.
Next resistance (target is $27.12 double top)
If it will...
The very steep rally stopped at 113 ext. of previous high. NU going to test the breakout, or ret. all the way to supp. #1 at channel median line? But one thing my attract the PA to 88 level - the fib confluence of 161.8 and 113 ext.
Very possible run to 88 on NZ employment data this and next night.
![BTCUSD: [Uptrend] Bitcoin - Leaving Inverse Head And Shoulders](https://s3.tradingview.com/6/68i54fVW_mid.png "[Uptrend] Bitcoin - Leaving Inverse Head And Shoulders")
![AMD: AMD - more of a pop than drop [or "stuck in the middle"]](https://s3.tradingview.com/n/nbwwTjno_mid.png "AMD - more of a pop than drop [or \"stuck in the middle\"]")
