100 day weighted moving average Red Arrow is broken by positive trend Blue arrow the next day. Weekend vibes. 24 hour stock market trading future? Support and resistance bands showing; newly formed 50 day lookback input data (in red), scenario.
I think there is a chance of a possible uptrend after losing -3% from the top price of $84.00/share. Based on the lines shown on the graph that appear to line up, if the price were to go up, it would be going up.
Friday's session presented a retracement on the 20 EMA Line, as predicted. I still believe in the continuation of the bullish trend. However, the bearish divergence needs to be monitored, since further price correction could occur. Disclosure: My ideas contain statements and projections based on assumptions on capital markets, and therefore inherently subject to...
Today's session generated a bearish divergence on CCI. I am still bullish, but always ready for a trend retracement on the 20 EMA Line. Disclosure: My ideas contain statements and projections based on assumptions on capital markets, and therefore inherently subject to numerous risks and uncertainties. Before buying or selling any stock you should do your own...
Intuitive Surgical produces robotic-assisted surgical systems. Currently, the company holds a significant market share in urology and gynecology areas. However, the business model is predicted to expand to other areas such as thoracic, colorectal, and other general soft tissue procedures. From a technical point of view, the stock recovered the highs registered in...