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PHM is going to see some massive support jump in2 massive trend lines on the bottom side of price, one of which is likely to spring the price to at least 95, and possibly even 130. Even if we drop past 63, there is still price support and a likely chance you'll see price jump from these levels. This stock is massively bullish. These trend lines are BIG. There is potential to see the price move quickly, and there is even more potential to see it reject that top trendline. It's close for sure, I think these next few moves likely occur over the next few days to weeks. So you could see some up and down getting ready for a bigger move to the upside. There is so much support layered on this chart, it's hard to be a bear in the long term. Buy zone is somewhere between like 65-54. I draw snakes on charts. thank you for looking.
NYSE:PHMLong
by nicktussing77
DXY! Always up to something!DXY is sort of annoying sometimes to use as an indicator and even fails half the time properly showing the strength or weakness of the dollar at any given moment. However if pressured to do an analysis on this... here is my call. Just going with the trend of the four hour chart, expecting some sort of pull back would ultimately be the only chance at going long here. Again a lot of mistakes can be made looking at this chart to use it as an indicator for other securities. So that in mind take this with a grain of salt. DXY is going up. For how long, no clue. Would I ever make another trade based on what this one is doing. no. I just know a lot of people are interested and use this as a gauge. In a time when the news is signaling a depression I am here to be the light and tell you that the dollar will strengthen not because the dollar is getting any stronger but the yen and pound and other currencies even bitcoin are just hitting rock bottoms. To each their own, apples and oranges, tomatoe tomateh. Happy Trading all!! Thanks for your support! Stay tuned for more signals coming at you Towards the end of the week! My Ethereum call is playing out nicely if your late to the party I still think we have a ways to go. look for a pull back!!
TVC:DXYLong
by LiveTradingHouse
The Daily Show with LTCSo, it has been a few days and we have seen some consolidation occurring. For me I want to be bullish on LTC and I really do not want to see it drop below 100. However, action on the 4H is just not cutting it. We need to see a break above the 55 EMA and a green candle close. Surprisingly, that would just require a push to the 119-118 mark. But here is the challenge : 1. RSI is above 50 on the 4H but about to test it. If it can't hold we drop and go bearish. 2. Volume is not on the side of the bulls 3. Overall trader sentiment is we are going to drop below 100. 4. The lower time-frames have work to do, specifically the 4H. 5. BTC .... My desire is we do not drop now, but go sideways till late June. That is when the long-term trend line will be above 100. Not advice, just my opinion.
COINBASE:LTCUSD
by croleyjon