The stock looks very bullish on both the daily and weekly charts.
First let's see the price structure in the daily chart: It moved between the dashed line and the red line, forming higher highs and higher lows, and showing good respect to the 50-day SMA. Recently it moved strongly upward, breaking the red line then a setback to test that broken line. Entry at...
The stock looks very bullish on both the daily and weekly charts.
First let's see the price structure in the daily chart: It moved between the dashed line and the red line, forming higher highs and higher lows, and showing good respect to the 50-day SMA. Recently it moved strongly upward, breaking the red line then a setback to test that broken line. Entry at...
The stock looks very bullish on both the daily and weekly charts.
First let's see the price structure in the daily chart: It move between the dashed line and the red line, forming higher highs and higher lows, and showing good respect to the 50-day SMA. Recently it moved strongly upward, breaking the red line then a setback to test that broken line. Entry at...
EURUSD lies on a good support level that comes mainly from:
1- Target from broken ascending wedge.
2- 0.618 retracement level for the previous rally.
Odds favor a rebound from current levels to target resistance level at 1.35 before resuming its downward move.