Possible cup and handle pattern forming here. Major support ($6.18), Major resistance ($7.76) and break above (8.00) psychological resistance for retracement to gap fill territory ($9.20).
$FVRR Fiverr is an online marketplace for freelance services. Founded in 2010, the company is based in Tel Aviv, Israel, and provides a platform for freelancers to offer services to customers worldwide. Starting to get more attention after bouncing from oversold territory when it hit 52 week lows here a few weeks ago. It's setting up to break 50-Day MA ($21.68)...
Continuing to breakout here. Next key levels to break are $1.07 top end of gap fill and $1.13 (200-Day MA). First PT: $1.13 (200-Day MA) Second PT: $1.25 !
ZKIN breaking out on Friday and closing at the highs. Broke above its 50-Day MA @ $1.34. Would like to see it continue to form higher lows and break above its 200-Day MA @ $1.53. Pivot @$1.65 and major resistance @ $1.84 we could see move back to $2.00+. China stocks are starting to catch momentum and will continue to watch them going into September as the trade...
Higher lows since it bottomed out at 52 week lows (.65) back in June. Built new support @ $1.20. Would be ideal if it can continue to hold above new support.
Next major resistance up @ $1.65. Pivot $1.93 and I believe we can see retracement back to (April highs). PT: $2.40
While stock market investors have been chasing the market rally this year, central banks and hedge funds have been quietly buying up Gold over the last half a century. Major hedge funds including Bridge Water Associates founded by Billionaire Investor Ray Dalio have increased it's holdings in SPDR Gold Trust in the second half of 2018.
The long term trend in...
