IWN on the reliable daily chart has been trending down for two in a descending channel as shown on the chart with upper and lower trendlines drawn with the tool. The Stochastic RSI oscillates in the interval between oversold and over bought and presently is well overbought at nearly 100. While the RSI may double top like it did in July, it is at least...
IWN as shown on the weekly chart has been obviously in a downtrend as also shown by the EMA ribbon. Using the uptrend from the Covid crash into November 2021 and then a retracement from that, IWN is approchaing the 38.2 Fibonacci level at 128 From there it could bounce up or continue the downtrend. The Mass Index being below 27 suggests a continuation before...
Sector Rotation from Small Cap Growth to Value - IWO: the Ishares small-cap Value ETF IWN: The Ishares small-cap Growth ETF. This chart plots the strength of Value vs Growth - if its trending Higher Value is in favor by the markets. If it's trending lower, Growth is in favor.
Follow where the Price Action is going. I back tested and it works 85% reliable. Follow the trend and you'll get more winning result.
$165 calls for 8-20. Price Target $170. Looking good for a MACD cross above the 200 MA and parabolic sar showing
Good risk / reward ratio on this trade. Breakout past a 3-month correction. - Target Entry: $167.50 - Target Stop Loss: $165.02 - Target Exit: $185.29 - Risk / Reward Ratio: 7.17 About me - Note that I tend to adjust stop losses in order to secure profits early and preserve capital. This means that the target price is going to be achieved as long as there are...
Could take a long trade on the breakout of the diamond formation
Looks like its ready for a mini bounce then back to completing the correction. Gann and fib line u pretty well.
IWN is definitely under-performing large caps. Unlike in previous years, it has not started it's December rally. We just need to wait and see which direction it is breakout.
Russel done making it's correction with a EW triple combination. Finding support at the middle of trend channel. More important...Closing within bollinger band.... I see a move up here. Safe trading Ladies and Gents! BM Music at work: open.spotify.com www.youtube.com