This price move could indicate a change in the trend, and may be a buy signal for investors. Tickeron A.I.dvisor found 38 similar cases, and 32 were successful. Based on this data, the odds of success are 84%. Current price $496.17 crossed the resistance line at $497.15 and is trading between $497.15 resistance and $483.18 support lines. Throughout the month of...
It is swinging very smoothly on monthly. I would put an alarm when it meets again with 20SMA (red one) to be long.
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Please don't trade according to the ideas, rely on your own knowledge.
Thx
Hey traders, the SP500 may be beginning it's next down leg and as such I've added 5 more shorts in overvalued stocks that the company insiders have also been selling in significant amounts recently.
Follow along as I will update these trades as they unfold.
Jared.
This stock has made someone a lot of money as it has really been on a rocket ride since it started it's climb from around $4 back in 2009. This count suggests that it still may have another wave up of it's current leg with the question for me being whether the 4th wave correction finished already or if it has another leg to correct before continuing on it's way.
5 Waves Up in Elliott Waves Reached near the Resistance level and the Hanging Man Candlestick.
Suggesting the bulls are exhausted and the bear is taking control.
