The stock has broken the short-term resistance level with high bullish volume after bouncing on the bullish trendline. The resistance and the trendline created a triangle pattern. It could be a signal of a new strong uptrend creating after the consolidation. The informations and the strategies discussed are NOT recommendation to buy, sell or trade any securities....
The pattern is confirmed only if the price breaks the resistance level at 387 with high volume and if it keeps going higher without breaking down the trendline. The target is around 500. The informations and the strategies discussed are NOT recommendation to buy, sell or trade any securities. They are strictly for educational and illustrative purposes.
The stock is around the target area of the ABCD pattern started more than 4 years ago. The target is around 405 and bullish volume is slowly decreasing. Price action may change around this area. Always pay attention to the bigger picture. The informations and the strategies discussed are NOT recommendation to buy, sell or trade any securities. They are strictly...
Apple has broken the short-term trendline with very high bearish volume. Price may retest the support area next days. The informations and the strategies discussed are NOT recommendation to buy, sell or trade any securities. They are strictly for educational and illustrative purposes.
Maybe gold's price is making a long-term ABCD pattern. The B-C leg bounced around the 0.5 fibonacci level and now the price is creating higher lows with high bullish volume. If the it continues increasing, the minimum target is around 1920 (the previous high). Pattern's target is around 2700. Always pay attention to the bigger picture when investing or...
As you can see from the chart, gold seems to have finished the retracement started on 2012 that bounced right around the 0.5 fibonacci level. While price is moving up, volume is also increasing. This is a strong bullish signal. Always pay attention to the bigger picture. The informations and the strategies discussed are NOT recommendation to buy, sell or trade...
If the price breaks the 192 resistance level with good volume the pattern would be confirmed, but pay attention to the trendline , if the stock breaks lower, it wouldn't be a good signal. The minimum target is around around 210. The informations and the strategies discussed are NOT recommendation to buy, sell or trade any securities. They are strictly for...
The price seems to have bounced but the bullish volume is weak. The bearish volume is slowly decreasing but the stock has still enough power to break lower or to continue the consolidation sideways. The informations and the strategies discussed are strictly for educational and illustrative purposes. They are not a recommendation to buy, sell or trade any securities.
JNJ is consolidating the previous bullish movements by moving in a sideways parallel channel. If the stock breaks lower the minimum target is around 126 and if the bearish movement goes on the T2 would be around 122. If the stock breaks higher, then the target is around 144. The breakout must be confirmed by very high volume. If it doesn't, it may be a...
As you can see from the chart, Apple may have completed the first part of the Elliott Waves pattern. The first part is made of the 1,3,5 impulsive waves and the 2,4 corrective waves. This pattern is confirmed only if the price doesn't break the resistance higher. Anyway, every action is always followed by a reaction. The informations and the strategies discussed...
It might be a very interesting moment for traders and investors. The stock is around the target area of the ABCD pattern started more than 4 years ago. Volume has slowly dried up after the retracement (that bounced between the 0.50 and 0.618 fibonacci levels). Now the price may start strugling so always pay attention to the bigger picture.
Apple's price is around the resistance level of the main long-term bullish parallel channel. Always pay attention to the bigger picture. The informations and the strategies discussed are strictly for educational and illustrative purposes. They are not a recommendation to buy, sell or trade any securities.