Hidden bullish divergence giving a good opportunity to add to my position. Been bullish on this ETF for a little while (see earlier weekly charts). Targeting 38.50 initially
I covered this yesterday in the Monday Market Update ( which you can watch here ). Fascinating chart to look at and I think if it breaks above 1500 we are bullish back towards recent highs.
If the 200 period MA supports the price, it seems like a good buying opportunity with a stop-loss order below the local low at 1750 USD. Price quotations over 1900 USD are a good sign for continuing the bullish trend. At least targeting the ATH at 2600 USD.
BME doesn't do tight trading channels very often. The last time it did a rapid 7.5% surge upwards followed. BME is now going through almost the same shaped trading channel. Is it going to surge up again? Goldybug thinks so. That's why he's heading to a line just slightly above 600p. Good Luck everyone. Goldybug's opinion only.
Alien metals, which has been correcting for months, might now turn up, judging by its RSI support.
PXC in ascending channel out of consolidation zone no advice given
Predator Oil Share Trades (PRD) over sold scenario we have gone done too far and could be looking at a trendline bounce. Give it a few days for the most recent news to digest before investors will be looking to re enter at these low levels.
BMN really looking for some sort of breakout indicator
Strong Elliott Wave structures from 2003, looking to complete the final 5th wave in the next 12 to 18 months.
LSE:SOS As my first post I thought I would post this as its an excellent example of the strategy I use. Using the Wycoff method I only trade price and volume, used together they can be incredibly powerful. The strategy is almost as simple as it gets, its gets rid of the clutter and keeps it simple. Please note Each of these notations on the charts are...
LSE:TGP Tekmar I find it hard to believe that this (fairly newly) listed green energy backing company has suffered such a beating - even with the Global Pandemic. There has been almost all positive news since inception and a series of growth figures and contract wins that quite frankly put a number of considerably larger companies in the sector to shame. With...
In volatile markets, traders can benefit from large jumps in asset prices, if they can be turned into opportunities. Gaps are areas on a chart where the price of a stock (or another financial instrument) moves sharply up or down, with little or no trading in between. As a result, the asset's chart shows a gap in the normal price pattern. The enterprising trader...
Update the chart this time without error The worst possible situation occurred and dropped to the range of 420