CW is in a short term uptrend, which looks to continue due to volatility up to earnings!
The RSI and SMII are looking oversold on the daily time frame. Probability is that price will drop come earnings time. Resistance looks to be around $122.05.
If price breaks decisively above $122.05, look for a retest of new support and price to continue upwards (unlikely)....
ETHUSD has clearly broken out of the inner bearish channel as previously shown in my last ETH post (), shown in the yellow channel. ETH has currently met a key resistance with the outer bearish channel shown with the white diagonal lines downward. The diagonal white line showing ETHUSD's recent uptrend has recently broken, and bearish divergence is showing on both...
SPY has been in a long term channel on the Monthly and Weekly time frames, however on the daily, it is currently on a down trend as indicated by the downward sloping diagonal white line. A break above the white diagonal resistance line will indicate a push to the upside of the channel, while a push to break the lower red diagonal support would confirm a reversal....
With earnings coming up, there is solid uptrend continuation as drawn by the lower diagonal support. However, a head and shoulders pattern looks to be forming with indicators looking to be close to oversold. Probability is that price will drop shortly after earnings. A solid entrance will be a clear break below the red horizontal support.
If price holds up above...
TSLA remains in a channel as stated in my previous analysis (). Breakdown below the $242 range or breakout above the $390 range will be a key entrance for a swing trade. The RSI on the weekly time frame has formed a bullish divergence which is key to keep eyes on. TSLA price action is in a short term uptrend which could push price towards the upper channel.
Happy...
PRU is trending upwards for the time being, however indicators and price action are giving clues that strength may be running out.
The horizontal red lines are key resistance areas, along with the downward sloping red line for the longer term bear trend. Price is currently at a key resistance, which may chop price around until earnings.
The white diagonal...
FIS looks to be consolidating between $94.60-$110.50 after a longer term uptrend. The short term uptrend to the yellow diagonal (previous uptrend support) is acting as a current resistance. Price action leading up to earnings on 2/11 may push to the upper portion of the horizontal channel, and have enough pressure to continue the long term uptrend. If there is no...
OOMA is currently following a bullish channel, with earnings set for 3/5. The White diagonal lines are the support and resistance channel for price. The diagonal solid red line is the outer resistance line and the dotted red diagonal line is the inner resistance line. Price is probable to follow the channel and the red resistance lines up until earnings. Closer to...
With Earnings set for 02/21 GMED looks to be chopping around at the key resistance line as indicated in red.
The support line short term uptrend has recently been broken, which indicates that price may push lower and chop around the current resistance point until earnings.
It is probable that price action will build up for a break out and push higher,...
AIG looks to be following the depicted Channel as shown by the upward diagonal white lines. The Downward red diagonal line is the longer term resistance for price to breakout of or be pushed back down.
The RSI on the one hour chart is moving to the oversold area and the SMII is also pointing upward, indicating that price for the short term will continue a move...
GOOGL is in an upward trend, following the channel depicted by the red and white diagonal resistance and support zones.
The RSI and the SMII are both trending upwards with a recent cross on the weekly SMII. Price held at the 100 EMA.
Long term GOOGLE looks to continue a steady uptrend.
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This is not...
On the Hourly chart SLB is in a short term bull trend (White Diagonal Line), meeting the long term downtrend resistance (Red Diagonal Line). Although WTI seems to be on an uptrend, it does not look like it may have a positive correlation for price for SLB in terms of a swing trade.
Beatish Sentiment:
The RSI has shown oversold and the SMII is down trending,...
This is a minor update to my previous post () for the longer term. Price is currently meeting key resistance, which gives high probability to push price lower. Watch for what will happen at the Resistance of the white downward diagonal line. A clear break above the resistance will confirm a push to the upper portion of the long term channel. Most probable is the...
WTI is in an upward trend and looks to follow to the upside of the channel to around $83. Although the RSI is looking to be reaching oversold, the inverted Head and Shoulders looks to push the price up. A resistance at the 100 EMA on the daily is sure to give a slight downwards push before confirming the uptrend.
Entrance on confirmation on the RSI divergence...
TPX is in a short term uptrend, yet strength is beginning to dissipate. Key resistance is the daily trend indicated by the diagonal white line. Keep an eye on the RSI and the beginning SMII indicator to enter the short. Entrance on the 1 hour time-frame for an optimum swing trade down.
This analysis is only for educational use, and is in no way advice for buying...
BCH had a nice pump this morning 1/30/2019, another surge is likely to follow. Keep an eye on the white diagonal resistance for a break or an opportunity to short. The red horizontal lines are resistance for key areas to pullback. A decisive push above these levels will confirm a reversal wave to long (unlikely).
Indicators to short:
1.) When the SMII begins to...
Despite the BTC short over the weekend, there is significant support in the area of $3465. Thus, a probable bounce is sure to come in the next 48 hours to around $3600.
Bearish Sentiment:
Make no mistake we are in a bearish trend downward, as depicted by the downward diagonal trend lines, thus we may sink lower (roughly %32 probability). The difference between...
The TRXUSD bullrun has yielded roughly 223% since the last week of November 2018 to the peak on 01/09/19.
Bearish Sentiment Daily Time-frame:
1.) Candles indicate loss of strength upwards
2.) Bearish Divergence
3.) SMII losing strength along with bearish crossover
4.) Head and Shoulders pattern forming (LS 12/24/18, H 01/09/18, RS 01/27/19)
5.) Volume Head and...
