A price action above 135.50 supports a bullish trend direction. Crossing below this level will negate the bullish stance and act as a stop-loss. Further bullish confirmation for a break above 137.50. Increase exposure for a break above the 138.00 resistance. Decrease exposure for a break below the 136.50 support. Target set at 140.50 which is just below the 50%...
A price action above 11400 supports a bullish trend direction. Crossing below this level will negate the bullish stance and acts as a stop-loss. Further bullish confirmation above 11700. Increase exposure for a break above the 11800 resistance. Decrease exposure for a break above the 11500 support. The 200-week simple moving average acted as a some major...
A price action above 1770 supports a bullish trend direction. Crossing below this level will negate the bullish stance. Further bullish trend support above 1790. Increase exposure for a break above the 1810 resistance. Decrease exposure for a break below 1790. Testing it 200-day simple moving average, which might change the long-term trend to bullish.
A typical 1, 2 and 3 wave pattern is busy unfolding. It appears that the price action is busy with wave 4, which is a corrective wave. The net movement of corrective waves is against the trend at one larger degree. Corrective waves typically consist of three sub-waves. The target is set at 4650, which is just below its 200-week simple moving average. Crossing...
It seems like a bull flag pattern is busy developing. A price action above 870 supports a bullish trend direction. Further confirmation above 890. Crossing below this level will negate the bullish trend and acts as a stop-loss. Increase exposure from a break above the 910 resistance. Decrease exposure for a break below the 880 support. Target is set at...
A price action above 21.05 supports a bullish trend direction. Crossing below this level will negate the bullish stance. Further bullish trend support above 22.55. Increase some exposure for a break above the 23.50 resistance. Decrease some exposure for a break below the 21.85 support. Target set at 25.95, which is at the 200-day simple moving average, which might...
A falling wedge pattern seems to be developing. A price action above 20.70 supports a bullish trend direction. Crossing below this level will negate the bullish stance. Further trend confirmation above 21.30. Also testing its 200-day simple moving average. Target 22.45. Remains a risky trade.
A price action below 107.45 supports a bearish trend direction. Crossing above this level will negate the bearish stance. Further bearish trend support below 106.45. Consolidation price range from 105.75 to 106.85. Crossing below 106.85 might support the price action to target 104.65. Crossing above 105.75 will be the first sign of pending strength.
A typical a, b, c (Eliott wave) pattern is busy unfolding. It will appear that the price action is busy with wave c. A price action below 144.60 supports a bearish trend direction. Crossing above this level will negate the bearish stance. Downside target 140.95. Remains a risky trade.
Might the ascending triangle pattern unfold in some upside potential for the share? A price action above 2600 supports a bullish trend direction. Crossing below this level will negate the bullish stance. Further bullish trend support above 2800. Target 3100. Stop-loss 2600. Remains a risky trade.
A price action above 27600 supports a bullish trend direction. Crossing below this level will negate the bullish stance. Further bullish trend confirmation above 28800. Consolidation price range from 28400 to 30100. Crossing above the 30100 resistance might support the price action to reach 32600. Crossing below the 28400 support might be the first sign of pending...
A price action above 0.6625 supports a bullish trend direction. Crossing below this level will negate the bullish stance. The term “risk on” refers to the market sentiment where traders and investors in the financial market are taking on risk. In a “risk on” environment,one notices prices of high-risk assets such as stocks and commodities rising. Expected target...
The pair is testing its 200-day simple moving average. Furthermore, a price action above 1.0325 supports a bullish trend direction. Crossing below this level will negate the bullish stance. The Eliott Wave count assumes the pair started with wave 5, with alternative outcomes. The preferred target is around 1.0665.
A price action above 65400 supports a bullish trend direction. Crossing below this level will negate the bullish stance. A perfect Elliott wave count is unfolding. It will appear that wave 5 started with alternative outcomes. The preferred target is around 68 800. Remains above its 200-day simple moving average.
A price action above 1730 supports a bullish trend direction. Crossing below this level will negate the bullish stance. Further bullish trend support above 1750. Consolidation range between 1740 to 1770. Crossing above the 1770 resistance might support the price action to target 1800 (200-day). Crossing below 1740 support will be the first sign of pending weakness.
A typical Elliott wave count is unfolding. A corrective wave back to 760 and 520 seems likely. A break above wave b which is around 1150 will negate the wave count. The Elliott Wave theory is a theory in technical analysis used to describe price movements in the financial market. Waves can be identified in share price movements and in consumer behavior. Investors...
A price action above 18000 supports a bullish trend direction. Crossing below this level will negate the bullish stance. Further bullish trend confirmation above 18800. Price consolidation between 18400 to 19300. Crossing above the 19300 resistance will support the price action to target 20600. Crossing below 18400 will be the first sign of pending...
A price action above 560 supports a bullish trend direction. Crossing below this level will negate the bullish stance. Consolidation price range between 565 and 585. Crossing above 585 might support the pride action to reach 615. MACD bullish crossover supports a bullish trend direction.