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First Majestic: Should I Stay Or Should I Go?“Darling, you’ve got to let me know – should I stay or should I go?” This song by The Clash seems to be sounding in the background while First Majestic is thinking. As it has already reached the ideal target point for wave 2 in turquoise, the share price could directly go upwards now, rising above the resistance at $19.41. Likewise, it could stay to finish wave 2 in turquoise a bit deeper in the turquoise zone between $12.36 and $6.89. However, there is also a 45% chance that First Majestic could drop below the support line at $5.30, thus activating further descent.
TSX:AG
by MarketIntel
1
First Majestic: There it is!There it is! First Majestic actually did it – it has advanced into our turquoise zone between $12.36 and $6.89. Now, things are getting interesting. As First Majestic has reached the middle of the turquoise zone and thus has tapped its ideal target point for wave 2 in turquoise, it could already start to move upwards, crossing the resistance at $19.41. However, there lurks a 45% chance that First Majestic could fail to turn and could fall through the turquoise zone instead. In that case, it could drop further below the support at $5.30.
TSX:AG
by MarketIntel
2
Zone d'incertitude pour ATOM #share2steemATOM/EUR reste toujours dans sa tendances bear avec les deux ligne de tendance rouge. On voit se former un triangle de compression entre le la bande supérieur et le support des 3.2 en vert. Le RSI montre cependant une divergence intéressante à la hausse. Attention à ne pas se précipiter, il faut attendre une bougie verte de confirmation qui cassera la ligne de tendance supérieur. On attend sagement, les volumes sont faibles et on peut partir à la hausse comme à la baisse.
by CryptoLascar