MACD bullish cross, expected jump to next resistance level at 14.85 then momentum should carry price action to higher resistance of 16.75. Going long on VALE calls here.
The Swiss sneaker maker recently broke out of the downward triangular pattern, but now looks poised to head downward. Looks to me like a failed bullish breakout here. MACD signaling more downside is on the horizon for the short term. I predict A break below 36.30 support will lead to stock price dropping to 34.15, and from there possibly further losses down all...
This analysis is through a 1yr timeframe so keep that in mind when considering your trade timeframe. MACD signaling a bullish cross should lead to strong price appreciation in PM in the short term. If PM is able to pass above the channel resistance line (red trend line) then I expect to see a large break to the upside. If it does not reach and or break above the...
MACD signaling another large drop in bitcoin price. Expecting a retreat in price to 37k mark rather quickly.