CTXS at Strong ResistanceCTXS has risen with momentum to challenge its previous all time high resistance level. It is currently in a retracement that has been triggered by High Frequency Trader selling. Support is weaker at this price level.
Alltimehigh
ADSK Compression at New HighADSK had a breakout last week to move above its previous all time high. ADSK is now in a compression mode, which tends to precede breakouts.
FMC Compression Pattern at New All-Time HighFMC is in a tight sideways formation at its new All Time High. The compression of this pattern often precedes a sudden breakout.
ORLY HFT Gap Up to New All-Time HighORLY broke out of its sideways pattern with a High Frequency Trader gap up. It is now at another new all time high.
LULU in Speculative Run at New HighLULU has been trending upward and gaining momentum as it enters a new all time high price level.
KLAC in Hyper Speculation ModeKLAC weekly chart view shows the extreme Angle of Ascent™ on speculation at a new all time high. Professional Traders are likely to start taking profits due to the technical resistance level.
IDXX Breaks to the DownsideIDXX stepped down after reaching a new all time high. The stock is under moderately heavy Dark Pool Quiet Rotation™ at this time. The bottom red line indicates the top completion level support.
SPY Relative StrengthDaily candle RSI highest its been since Jan 2018. Not a full analysis, just a warning signal.
CHTR at New All-Time HighCHTR has moved with momentum to a new all time high. The stock is experiencing some profit-taking by Professional Traders at this time.
SMWH.L breakout, near all time highs, ok last earningswhat's the potential upside on this..? is it potentially a laggard?
IDXX Slips Below Previous All-Time HighIDXX has dropped down below its previous all-time high after retesting the high resistance level. The stock has fairly consistent lows within the range. Support levels are potential bounce areas.
CTAS Uptrend SlowsTrading Range sideways patterns have slowed the ascent of CTAS as it reaches new all-time highs. The stock is at risk of a Flat Top formation.
Absolute proof we are indeed in a bull market!Once again a clickbaity title, but if you came here just based off of that you should feel a little guilty as well eh? Nothing is certain in our game. With that being said, I think I can deliver what was promised, have a look below.
Palto Alto Networks - New uptrendTechnical Analysis
We are breaking a previously tested resistance at $230.
To enter the new channel, we probably need to close above $235.
OBV is at all time highs.
RSI(10) @72, has been following setting lower lows and higher highs.
Overbought can continue to be overbought.
Check risk reward ratio in-chart.
** I would wait for a breakout to the new channel, or at least a pullback to the $230 now new support.
LINKBTC longterm bullishLINK is long-term bullish, but before new All time High there have to be ABC correction. Targets, Supports, Buy zones in chart ;)
Bitcoin Long Term TrendGood evening ladies and gents. I have spotted Weekly Hidden Bullish Divergence on the MacD as well as RSI Bullish Convergence. These are both starting to round out. I am aware that many people are looking for a measured move down to around the 6800-7400 area, but that may not happen. Still could of course, but looking at the larger time frames, it's looking less likely ;) . I'd also like to mention the alt coins and where they are at. A lot of these alt coins are at the bottom of their overall bull trend showing Hidden bullish divergence, regular Bullish Divergence and Bullish Convergence. Too many coincidences for this to be just another random idea. These are actual technicals that I am displaying. This chart is on the log scale by the way! We have been in a down sloping channel for the last few months now after a large rally from our 3k bottom. We have only retraced 38.2% of the way. We are in common retrace areas after an impulse. So Price reversal from where we are at is most certainly possible! This is the .382 on the log scale! On the Linear scale, you have retraced over 50% of the way and nearly hit the .618 which is at $7200. In my chart, I have depicted two measured moves. This is a potential bull pole, bull flag pattern. In that case, the measured move takes is perfectly on the Log Scale at the 1.414 Fib extension around $42k. That is right, I fucking said 42k. Just an idea for now of course. This isn't certainty. The Gaussian Channel Tool is also teal on the Weekly time frame. Currently testing the top of it ;)
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Bitcoin New All Time High Near?Bitcoin forming a bull flag.
Elliott Waves say new all time high coming.
Buy every dip.
KLAC Compression Pattern Ahead of Earnings SeasonKLAC has hit a new all-time high and is now in a tight compression, even as Dark Pool Quiet Rotation™ continues.
SWKS Developing Symmetrical TriangleSWKS shows an unusual Symmetrical Triangle formation ahead of Earnings Season. The triangle follows a failed attempt to break out above the previous all-time high.
MCD Loses Its All-Time HighAfter running up due to corporation Buybacks, MCD has failed to hold those new highs as heavier than normal Dark Pool Quiet Rotation™ to lower inventory of shares continues. The stock is now stepping down in a short-term topping formation.
EURNOK in resistance zone near all-time high (rising wedge)EUR/NOK has reached a resistance zone near the all-time high of 10.1573 + spread and may be in a rising wedge. It could be a good long-term short from here (over 10.06), as NOK have been raising interest rates this year (last on Sep 19th), now at 1.50%, due to a solid economy. I'm short from 10.06237 and 10.06587. A short with TP 2000 pips (9.862) SL 2000 pips (10.262) makes the TP within reach and the SL substantially above the all-time high, and if approaching the TP the stop could be moved to 80% of the current profit, and the TP pushed down - perhaps with a partial close performed at the TP level - it could go down to 8.794 if the rising wedge is real and broken or even much lower. Be careful - spreads are wide, pips are small and volatility can be high on this exotic pair! If you take a position (do your own analysis), I recommend very small positions held for the long-term.
