It broke out the trendline. It ready for agressive entry.
Falling wedge, needs weekly close above $27.93 and rsi trend break out
After such a huge drop needs to correct upward. Double bottom and positive divergence on 2 hourly chart. needs break out $26.39
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$SPX seems very bullish. It needs to hold above the trend by the end of the months. If not, drop will continue till MA100 and MA200 support levels. If the chaos lasts, it may drop to the main trend.
double bottom and positive divergence for $CGC. Watch for break out of $25.64
Double bottom and positive divergence for $CRON. Watch for break $9 out for coming weeks
It needs to get in the channel before to be trusty. $371.98 is first resistance to overcome and watch for rsi break out as well
It hit the trend resistance, rsi broke the trend though. This stock would be healthy after it broke $13. However, weekly volume is well above average for two weeks.
Just a trading idea, not trading advice. Quit the shock of a move over a little bit of virus fear that will almost certainly soon blow over. Not even 100,000 recorded patients infected to date, with a world population of over 7,700,000,000. Some predict further, some predict recession, some predict the end of the world. At least in the short term, I predict a...
After the little downtrend from the last days I see a possible entry possition in this stock. But, I will wait a little bit in order to see how it will bahve in the resistence line. What do I mean? If the RSI and Stochastic revert it might indicate that the trend is changing and the price will increase. Besides, the stock is trading quite below the moving...
I honestly thought we'd get a better pullback than we did last night in the futures. Obviously that didn't play out and right when I went to bed, the futures started selling off. Now...I'm an Elliott wave trader by trade, so I use that lens to view the technical aspects of charts. What I can see here is that we may be looking at another bloody day tomorrow...
A good bullish start for the day I say another green week next week be safe out there
Just try and go against it the force is strong with this one dump the corn and dump those yellow bars
Dow Jones as well as S&P500 are interesting on the 1h chart. Lets see what todays session brings. At the moment I prefer the scenario that we are currently in a corrective ABC up which will find its end around the 61% retracement. At this level another leg down could very well start, target area blue box. However should we rise over the 76.4% retracement this...
As long as we stay under the 76.4% pullback retracement a second leg down is likely. Keep in mind there is a FED Meeting taking place today which could turn things around. Lets see...
Is another leg down in the US Markets coming? If yes than it would be highly possible that this move originates in the 50-76.4% area. Trump Impeachment Process and Coronavirus (especially the shut down of china) are we weighing heavy on the markets can the FED tonight save the situation? It will get interesting.