$220 target for next year, breaking out of channel, Volume increasing on the up waves and breakout, low volume pullback to retest resistance as support.
The oscillating market is a market that accumulates momentum. The longer the oscillation lasts, the longer the unilateral continuation will last after the breakthrough. This is the basic law of the market trend. In the morning of December 9, the price of gold rose first, which was a response to the risk events over the weekend. The safe-haven property of gold was reflected again. The situation in the Middle East (Syria) is deteriorating continuously and rapidly. Its opposition has seized control of the capital Damascus, and the top leader has been forced to flee. This "evolution" is the key to the deterioration of the incident, which has aggravated market concerns. Intraday analysis suggestions: In the short term, the support below the gold price is $2,620. This position has been tested and tested many times in the early stage. The upper pressure is at $2,660 and the strong pressure is at $2,670. The early week period can maintain a bullish trend on the strong support of $2,620. The pressure shown by the technical side is very obvious at the moment, but the fundamental support factors also exist. This is the reason for the continuous struggle between long and short positions, and it is also the reason for the breakthrough. On the whole, after the oscillation or struggle between long and short positions, the probability of the long side winning is relatively high. Therefore, the transaction can be mainly long on dips
NYSE:BAC with pretty clean H & S top... Not playing, doesn't fit my current narrative. But this is how Eye Spot them, catch that ;p - Prophecies_U_Can
Bitcoins price runs have been almost, SO PREDICTABLE its scary. 1 Year ago I said BTC would break 6 figures, People called me crazy. I charted BTC last ATH after the last halving 2k off and less than 30 days (charted out over a year in advance). Not to toot my own horn but TOOT TOOT lol Anyway, After every halving BTC reaches new ATH, before dropping about 80%, and the whole thing begins all over. Like Clock work. Want a cheaper way to cash in on BTC run. Did you miss the Bull Run, or Just not have enough to make anything of it. Well you can always short it, in the options market and clean up . GLTA
Early momentum, Longer timeframe trade with 1/2 risk to compensate a larger drawdown. This trade has huge upside potential, momentum is onside with potential for 100+ % gains.
the Momentum ETF (MTUM) is showing signs of a potential top (at east an interim top for a 10% sized correction if not larger). Momentum is waning, RSI is diverging, wave patterns can count as complete and the market in general is looking stretched at least short term. Watch the main component stocks like JPM WMT NVDA ORCL for clues.
Hello PA is trading below sept ATH. Price might still test low 2600s, before long term bulls come into play. Not financial advise and observe proper risk management
1) trendline breakout 2) recently Promoter increased buying 3) high volume 4) BB Widening & above 40 EMA Showing bullishness in stocks Target: 1057. or Trail above 15 % sl: previous candle low. rsi is in over bought so a consolidation or support level pullback can expected.
Not financial advice! Not a professional! Just trying to learn! lol I will try to get in around 0.452 XLM needs hold the support line 0.4473
Nifty future and banknifty future analysis and intraday plan. Interesting stock charts. This video is for information/education purpose only. you are 100% responsible for any actions you take by reading/viewing this post. please consult your financial advisor before taking any action. ----Vinaykumar hiremath, CMT