Last week’s strong rally looks ready to propel USDCHF all the way back to the strong resistance in the 1.0250 region. It may also help that the CHF momentum is very bearish. Longs are the safest bets at the moment on the pair. Good luck fellow traders
Despite the long term impecable bullish trend in Bank of America share Price, the recent events have changed momentum in the short term. It appears the share price, after 3 bearish signals is going to look for decents levels of support in order to try to climb up a step further. A strong reversal pattern either in $28.90 nor $27 will make attractive a bullish...
This week we have witness the pair battling against a multi-decade downtrend. The EURUSD lost the first round, but it seems that the pair price, after taking a break around the neckline of the long-term triple bottom pattern formed in between 2015-2017, may try again. The USD Index appears to have gained momentum, and a surprising bullish leg is likely to form...
It seems Kroger share price has been forming a bearish base. A new bearish leg in the short run may be seen. Target: $20.80-$21.10. Good luck fellow traders.
Petra share price is forming a triangle with bullish implications. It is too early to confirm the scenario, however I believe the upside potential of Petra is notable enough to keep an eyer on her this year.
1.5410-25 is likely in the next sessions. Good luck fellow traders
Tesla may continue to drop in the following weeks. Good luck fellow traders
Netflix share price continue to weaken. With a P/E above 100 while other content providers are trading at 15 P/E ratios worries some big names right now. In addition a poor quarterly is expected which can add an extra bearish pressure on the stock. If the share price does not surpass the $300 resistance, a big sell off towards 248 and 235 may be witness. Good...
The stock price is close to a strong long term support and the Oil price remains bullish in the medium term. Tullow’s CEO and management stabilised the business between Q1-17 and Q3-17. Asset sales and efficiency goals helped reduce its debt balance and capital expenditure commitments to manageable levels. Tullow Oil is generating free cash flow since Q317. An...
I believe Silver is an underrated commodity which has been now under the shadow of a correction for far too long. We remain into a very interesting lateral market for Silver, but the weekly chart indicates that this trend may finish in 2018-2019. Despite the big manipulation of some commodity price by big institutions, the price of certain assets like Silver,...
This major russian blockchain technological company has not participated into any crypto rally. And I like that. Strong numbers expected for 2018 and 2019. The share price is still moving lateraly, but bulls are building momemtum. Any dip is seen as a good opportunity to Buy. Good luck fellow traders
The Stop continues to be near the entry point. It looks like the share price is looking for a nice rebound. Good luck fellow traders
Shares of Apple Inc (AAPL) jumped in early trading on Tuesday just ahead of comments from new Federal Reserve Chairman Jerome Powell. A doucle top is in play at the moment, what it may indicates that a healthy correction is likely for the sessions to come. Good luck fellow traders.
JPY is gaining momentum and although the euro remains one of the strongest currencies against the Yen, it is likely that the pair will capitulate in favour of the yen side in the upcoming sessions. Good luck fellow traders
Despite the undeniable bearish momentum, the €63.50 support is a mayor player in Sanofi. It is likely that a rebound towards at least the €68 zone occurs during the next weeks. A second likely bullish target is €71.95. Good luck fellow traders
Longs are not interesting unless we see Ripple price either dipping towards €0.60, nor overcoming the $1.05 resistance. Good luck fellow traders
Overhead resistance could be very difficult to break. The technical significance of the 1350 to 1390 resistance zone cannot be over- stated. Nevertheless I believe Gold is bullish in the long run. After 60 months consolidating the previuos bullish trend, it is likely that the price will rip through resistance to commence a new bull trend. Good luck fellow traders
Thyssenkrupp share price has bounced back towards an important support zone. A possible long strategy has been depicted in the chart. Good luck fellow traders