Chart is clear, it seems that it will bounce back from from bottom boundary of the channel to other fibonacci resistances.
The chart is clear. Weekly closes fit the proposed trend fibonacci lines. It is charged enough, most propably, it will start to climb along the bottom channel support on following week.
Tgas in the chart explain the situation.
Explanation can be read in chart tag.
Explanation can be read in chart tag.
Chart tags speaks theirselves.
Chart itself has a long term cup with handle. My only concern is that pattern is not in an up trend which confirm cup and handle pattern. Plus, here are also clashing FA views: www.zacks.com www.morningstar.com
SKYY follows a medium term channel with the comfirmation of the fibonacci supports. In addition, bright future of the cloud systems is another feeder of its momentum. Moreover, fundamentals of it may be accepted as reasonable: www.morningstar.com www.zacks.com
CRM graph should be read with ETFs that hold vast amount of share. www.etfchannel.com Those ETFs seem that they reached their almost top resistances and most propably will drag CRM with them.
NOC follows trendline boundries strictly for a long time, as many other major defence players RTN and LMT. It seems that it will crawl up in the shaded box.