Hello everyone
the weekly chart for this market shows the downtrend in the next week.
also we must be vigilant of the change in the direction of the market
please subscribe for more details
Hello everyone
the weekly chart for this market shows the downtrend in the next week.
also we must be vigilant of the change in the direction of the market
please subscribe for more details
#FOX has been trading inside a rising parallel channel, looks like a possible bear flag with 40% targets on the downside
I see this move to print a Bullish divergence on weekly timeframes with Price making a lower low & RSI making a higher low
will keep you guys posted in timeline as PA develops
I have been watching Fox Corporation for a few days now and they are steadily rising. With a break above the upper channel resistance and a perfect retest and then bounce, this should now push upward to a target of around $31-32 before a pullback.
With filming returning and lockdown measures easing, Fox Should be primed for a 8-10% profit over the next week or...
RSI @ 50%
StochasticRSI is OVERSOLD
BUY BUY BUY!
TakeProfit @ 38,93$
StopLoss @ 35,66$
R/R 1:1.7
Thanks me.
Ki$$
WARNING! this is not an advice! you have to do your own research before investing
Fox has broken through its long downtrend, it is beginning to form a new upward trend, this may lead to new runs. An island bottom can also be observed. Nice buy opportunity currently.
Good evening and Happy Thanksgiving,
We have a potential Bearish Shark Harmonic on the daily time frame. That being said, we are showing Strong Class A Bearish Divergence on the 4 hour time frame. I am not sure on how much selling off that will result in but we definitely have have the possibility of running up on the daily time frame between the .886 and 113%...
FOX,FOXA: Fox Corporation
2019-11-06 16:05:00
Fox Corporation Announces $2 Billion Stock Repurchase Program and Execution of a Stockholders Agreement with the Murdoch Family Trust
Quick video recap of mega long breakout trade on FOXA using our B.I.T.S Breakout Intelligent Breakout Signals Indicator for TradingView.
Original trade idea here on Tradingview can be viewed >>HERE<<
Our B.I.T.S indicator is perfect for instruments that have volume and price action, so Stocks, Futures, Commodities and cryptocurrency
We have identified a potential long breakout swing trading opportunity on FOXA using our Breakout Intelligent Trading Signals Indicator (B.I.T.S).
The indicator using price action and volume with proximity to our Points of control to identify high probability breakout trades both long and short.
In this situation we are looking to go long through our automated...
