Check the Flag pattern out, above 26 is a continuation of US$. Below the red line, I will revaluate it, no positions yet
A doji star candles was powerful in $EWZ as a counter trend signal on March 13th, higher prices w/ volumen we had on March 17th, April 1st and 2nd. Are we ready to breakout?
We are not out of the woods in the Gold miners ETF yet. I prefer to pay more but not here
Tableau is still in uptrend but it has not filled the gap, today candle bounces from support but sellers sold by the end of the day around 93, it means we need to be cautious (do not have position)
I would do nothing in Gold, this is an area for scalpers only
Trading at support, very dificul to break below 5.95 (Fib level). Very oversold, it might bounce to 6.62 (fib) or 6.81 resistance. I am bias towards lateral trading
I do not know your intentions and views with $BABA but pay attention to the levels that I see in the horizontal and diagonal lines, some failures may appear
I Don't have a position in Gold now, but I will probably open one soon again. I would sell gold below the red line and I would be neutral above it. I would also sell when Gold touches the yellow line (tight stop loss above the last 2 lines); I would be a more aggressive seller if it reached the blue line. However once it is above the blue line, I would be bullish...
Technical Analysis is probabilities, not certainty, well, Gopro (GPRO) shows a good probability to continue going up, it shows a good risk/reward as a trade. Also OBV (volume) looks strong and momentum which mathematically is the 2nd derivative of price movement is increasing fast (the 1st derivative is the slope of the movement). Finally the regression line is in...
$PDX looks bullish after filled the gap with strong momentum, and strong volume (OBV), if you are bullish in Oil, this is a must have.
Above the upper horizontal red line, we would be long, and we should add more positions if we are above the upper green diagonal line, as long as we stay within the yellow trend channel. We might have some targets: 99,102 and 106 ish. However, below the lower red horizontal line, there would be an "exhaustive gap" which would be filled and if we go outside the...
I only shorted Tesla once when it was breaking down @ 269 (GAP) in 2014, unfortunatelly I closed it too soon @ $250 ish. After that I have missed many short opportunities because I am still bullish in the markets. However with the last Tesla price action I believe it is going to $150. At that price I will be a buyer for sure. However it should not show strenght...