ch241

ch241 Updated 

It looks like EUR/NZD Pair is forming head and shoulders on the weekly time chart. There's a slight bounce from the support this week, but I think entering short sometime this week will be profitable. Keep updated for the new few days. Target: 1.60 SL: 1.74 Entry: Not yet

ch241 Updated 

As we can see, I think the Cypher pattern for NZDUSD is about to complete, so we have an opportunity to short this pair. I will keep updates until tomorrow morning.

ch241

There could be potential for Apple to bounce up in the upcoming week. Apple is currently sitting on the weekly 200 ema, which indicates strong support from the last week. Even though it is at the 200 ema, my indicators still say that the current trend for Apple is bearish. We need to confirm three things before we can see an Apple bounce: RSI uptrend (breaking...

ch241

From the trend line data, we can see that Disney may appear to be bearish at the moment. However, we may see several buy in positions in the next few months. We have a heavy Support line (Support 1) from the 200 Moving Average (MA) coming in around 105.5, which could be a potential short trade to ~118. If the moving average does not hold, Support 2 may provide...

ch241

Based on the charts, we think that IBM is close to a breakout. It has been moving (downwards) towards the long-term trend line (the one moving upwards), which is also a nice resistance line. Keep you guys posted.

ch241 Updated 

I apologize for the late analysis on Google, but I have been looking at it for the last week or so. After bearish run last week, Google seemed oversold. Currently, the stock is in a nice bullish position, and I think it will remain bullish until it hits the resistance line at 1126. Then, it will fall to the support line at 1090. Google is forming a symmetrical...

ch241 Updated 

Intel is forming a broadening trend. If it breaks through the resistance at ~47, it has the potential to reach a target of 52-56. Additionally, the candles remain above the 50 and 200 moving averages. We will see in the next couple weeks!