Descending broadening wedge invalidated. Price came back, tested the trend line and bounced back up. Earnings date coming in on the 25th of Feb. Europe was locked down for most of 2020's Q4 so I expect a lot of Christmas shopping was done on Farfetch. As long as we don't go back in the broadening wedge I think this might have room to run into earnings
Descending triangle seems to be forming.Breakout to the upside was tried and failed. Watching if it plays out on the downside
Consolidation and breakout in the form of a bullish pennant
Risky? Yeah after running 1000% since October. That said, I don't see why the influencer marketing hype will go away any time soon.
For all the cries about the dollar going to zero, the upward channel started in 2008 still holds. If we don't break 89 on the monthly, this might just prove to be a double bottom
Dubai's financial market index has been in a downtrend since 2015. Residents living there can you tell you the index mimicked overtime the overall sentiment in Dubai, with oil and property prices never really recovering since 2008 with the exception of a a small bubble formed in 2013-2014 and visible on this chart. Strengths for the Dubai economy: - With it's...
Breakout on huge.volume. Medium term play should yield some good results.
Falling wedge forming on the 4h chart. As always, wait for confirmation beforee getting in. If it holds, Monero seems to have found support on the long term treadline. As long as it's not broken we're likely to move higher from here
Broke out of the downward channel started at the end of 2018. Trying to form a new upward one. All Oscillators bullish, volume confirming moves. Weekly pivot at $12ish got rejected this week so waiting for a close above it as confirmation
Dubai has established itself as a major financial hub and even though its tourism and aviation industry has slowed down right now, it is a great place to live in and I think there is tons of potential for it to grow on financial services or technology over the next 10 years. The coronavirus crisis has been managed effectively by the UAE government, much better...
We broke out the neckline of an (albeit stretched) inverse head&shoulders pattern. Big resistance coming up. I'd go long if resistance is broken and support retested & confirmed
If the daily MA keeps getting rejected we're probably heading to $100. In addition, RSI Bearish divergence and sell signal on MACD daily chart