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Goldencross

SCHW - Looking Bullish Following Gap Up ConsolidationCharles Schwab gapped up back on November 21st, I believe that may have been related to the news that they were looking to buy TD Ameritrade. Since then, the stock has consolidated but managed to hold its gap level. The stock seems ready to exit an oversold condition while the RSI level held its 50 mark. The gap up in November has allowed a Golden Cross to occur on the daily chart as well. I have some price targets noted on the chart. The green lines are standard Fibonacci levels (61.8% and 100% levels). The light blue line is based on a dynamic P&F chart but the price coincides closely with the Fibonacci Extension 50% level as well & I love when multiple analysis seems to corroborate each other. There is still some potential resistance until around $50.20 but if the stock price can break through that level there shouldn't be much built up resistance ahead.
NYSE:SCHWLong
by Chartimistic
SLV - Weekly Chart BreakoutThe weekly chart for the iShares Silver ETF shows how it has been pulling back from its recent highs back in early September. The stock broke down in early November but was able to find support along the 50-day EMA line. It has managed to break out again this week as it nears volume levels that will not be able to hold much resistance against the price. Continued strength in price should help a Golden Cross occur to confirm the bullish strength behind this commodity. I would like to see this ETF clear $17.10 just so it gets above and holds that last volume level but definitely looking promising. My potential price targets are noted.
AMEX:SLVLong
by Chartimistic
Golden Cross and High Book Value$partanNash Industry; Groceries Sub-Industry; Food Distributors Sector Retail/Wholesale Fundamentals Book Vakue pr share: $19.92 P/E Ratio 7.48 Institutional Ownership Percentage: 80.95% - More buying than selling in Q3/4 Insider Ownership Percentage: 2.20% Debt situation, probably not a hold in a recession Debt-to-Equity Ratio 1.39 - Should be below 1 Current Ratio 1.72 - Is actually decent. Above 1 / Below 3 Quick Ratio 0.74 - Should be above 1 Technicals Golden Cross has occurred 20 & 50 crossed 200 MA A small paralell uptrend has begun, still needs to break out of the LT downtrend line, to be a buy. A Bounce on the 200 MA could also present a buying opprtunity
NASDAQ:SPTNLong
by UnknownUnicorn2034381
FireEye Tries to Bounce Following Golden CrossCybersecurity innovator FireEye has been trying to stage a turnaround in the last few months. The stock went through years of weakness after a high-profile IPO in 2013, but new products have helped drive growth more recently. Takeover speculation initially lifted FEYE in early October. This was followed by an apparently promising analyst day on October 10 and a decent earnings report on October 29. FEYE rallied at the time, lifting its 50-day simple moving average (SMA) above the 200-day -- a "Golden Cross" chart pattern. It's now pulled back to the 50-day SMA and held its July peak above $16. Some traders may want to watch those levels for risk management. FEYE may also appeal to some investors on a valuation basis because it trades for less than 5 times revenue, far below the multiples of most software companies.
FLong
by TradeStation
Valero Pulls Back to Old Level After a Golden CrossLots of things are happening on the chart with oil refiner Valero Energy . 1) VLO had a Golden Cross pattern in late October, with its 50-day SMA rising above the 200-day SMA. 2) In recent weeks, it pulled back to find support at its old resistance zone between $92 and $94. That goes back to October 2018 and April 2019. 3) VLO has also remained near its 50-day SMA, creating a setup similar to Nike early last month. Energy stocks in general have shown positive relative strength lately as oil tries to push higher. There are a few positive forces at work: OPEC extending production cuts, calming of trade tensions between the U.S. and China, a better economic situation in Europe and low production in the U.S. Refiners have been popular trading vehicles for energy in the past. As long as VLO holds this support zone in the low-to-mid 90s, will traders get interested in it again? NYSE:NKE
NYSE:VLOLong
by TradeStation
ASGN: Feeling quite bullish again!Update on ASGN: As I had hoped, we printed a weekly candle ABOVE the dark red decending resistance line we have been fighting forever since the large sell off. I am now super bullish on ASGN and here is why: 1) The stock market as a whole is bullish 2) We have officially broken the resistance and printed a HIGHER HIGH on the weekly. 3) We are printing an excellent candle above the weekly pivot with a beautiful bear rejecting wick below. 4) RSI is bullish 5) If you switch to the daily, we've officially had a golden cross in mid Nov. Just a little history: The last golden cross was followed by a 136% gain, and the one prior was follow by a 63% gain. If we break through the $82-85 resistance zone, I strongly feel we will be testing the previous high or establishing a new one.
NYSE:ASGNLong
by infbp22
1
Bitcoin, what's next?Welcome fellow Tradingviewers, We will be looking at the price action from Bitcoin using a top down strategy where we are going to analyze down from the monthly. Monthly: - The last monthly candle did NOT close as a bearish engulfing which was important for the bulls to not loose all the strength. - The RSI is in neutral position. - The MACD is starting to make a bearish crossover, which can still be averted this month. Bearish. - Moving averages, Bullish. Weekly: - We are currently looking at a golden cross where the 50 MA is going to cross the 100 MA. - RSI neutral. - MACD is still in bearish territory and now crossing below 0. Bearish. - The last weekly candle closed between the 50 and 100 MA - The last weekly candle volume was overriding the big bearish engulfing candle that we saw 2 weeks ago, which usually is a very bullish sign. - Moving averages, Bullish. Daily: - Daily candles have not shown much except confusing. Neutral. - RSI is in neutral territory, coming from oversold. - MACD has just crossed bullish. - RSI and MACD convergences are to be seen on the daily graph. Bullish. - Moving averages, Bearish. 4H: - Still below the 100 MA, needs to close above to try and attack the 200 MA till then bearish. - Had a breakout of the bearish wedge, target would still be around 6600. Bearish. - The last 4 hour candle has closed as a bullish engulfing, resulting in the pump afterwards. Bullish. - We bounced of the neckline of the inverse head and shoulders displayed 22-27 NOV. - RSI going into oversold conditions, Bearish. - MACD has just crossed Bullish. - Moving averages, Neutral/Bearish. Taking all of these facts into account gives me a pretty decent view on Bitcoin. so what's next? The pump of today has already corrected over 50% which usually isn't that great of a sign. Preferably this 4 hour candle is going to close above 7600 to find support on the 100 MA, to try and attack the 7800 resistance area before going for the 200 MA located around 8200. But there is a big chance that we don't close above the desired MA which would mean that this whole rally was just a whale (or some whales) shaking out the guys who shorted the lows. Indicating that this simply was a retest of the resistance and that we might continue to fall. Overall: Monthly: Neutral Weekly: Bullish Daily: Bullish Short term sentiment is hard to say with these low volume spikes going everywhere. This analyses is only showing you guys my vision on BTC and should not be considered as financial advice. If you agree or find this analyses useful, don't forget to leave a Like ! Let me know what you think in the comments below! Kind regards, Forallcrypto
BITSTAMP:BTCUSD
by ForAllCrypto
5
Gold: Daily Long Bias (Fundamental Analysis) [Equally Weighted]We've seen a very significant phone in the dollar today compared to the euro . China may have to wait until after the 2020 election to handle the trade disputes between not only the United States but also emerging markets.All in all this is not made the dollar week and in terms of the dollar in a relative relation between the yen for example, Dollar going down against the Japanese yen represents obvious risk off scenario and equity markets across the world overnight since the closing of the New York equity session yesterday.It does look as if Japan is preparing another stimulus package which we may expect to we can the end but it hasn't yet because the dollar has more relative strength versus the Japanese yen . The German ten-year boon to yield has increased because of the threat of the SPD leaving the SPSOU government coalition. Other things being equal you would expect this to boost the euro however this is a counterintuitive market. Completely flat maybe marginally trending upwards in the last few days however the significance in the lower term time frames are of interest because of the identified support in the chart above. -1454 to 1469 is the current range but all in all you can say that this is flat.
FX:XAUUSDLong
by UnknownUnicorn3442968
6
BATBTC, above 200MA and ready for a golden crossWelcome fellow Tradingviewers, This analyses is only showing you guys my vision on BAT and should not be considered as financial advice. If you agree or find this analyses usefull, dont forget to leave a Like! We are a huge fan of BAt because this is one of the crypto projects that is already showing real world use-cases. (if youre not familiar with the use case, check: Brave Browser) A few weeks ago we spotted a great buying opportunity because of the huge MACD and RSI divergences that were seen on the daily and weekly timeframe. Now that we have cooled of a bit from that first run it is time to see if we can go for a second leg up. BATBTC has been consolidating above the daily 200 MA for almost two weeks now, with the 50MA almost crossing above the 200MA to create a golden cross we are confident that prices will start rising again. This was a short one, still hope that you guys enjoyed! KR, Forallcrypto
Long
by ForAllCrypto