Sometime ago all newspapers writing about bad boeing plens and another things after which price for this stock strongly go down. But now all these worries have left the heads of investors and you can safely invest in the company's shares. There is accumulation zone for purchases 361 - 392. First level for sell is 431. So strong up.
Tracking...Golden Cross on the 24 Hour Chart and Positive Mobility Back Upwards shows a Re-Break of $310 will lead to a massive breakout this weekend.
Anticipating a close of $10-$11.50 by Friday or Sooner.
Since the end of August volume has been high on MTN indicating that someone is buying while everyone else is panic selling. Last week was the highest volume since October 2015. Following the Wyckoff logic we expect a Automatic Rally (AR) which will form the upper bounds of a Trading Range (TR). We will then have to watch if this is another redistribution or accumulation.
Ok, like i see this situation, i draw on the chart. In past we have "selling the hopes " after which people who disappointed in ada start they native selling. So now market is empty and crypto maker need a new victims. So we go up.
Ok, today i will analize Apple on Nasdaq. There is strong upper trend after big sells under 199. This position is confirmed by volumetric analysis using x-volume indicator. Like show x-lines on day timeframe there is strong level 209. And i think be better to sell some part of long position there. Next we have accumulation zone 216-220 which is represented whith 3...
So, what we see there ... new crypto on Kraken. So young, exactly we have only one interesting price on x-lines indicator. Seller do first money on none proffesional buyers. Price will go down and stop only we find better price for big volue purcheses. Like you can see there is some volume in the past after wich price still go down so it was sellers. Strong short...
Datatec has formed an accumulation trading range (TR) and backed up (BU) to the TR after the breakout. Today there was a breakout of the BU Trading Range. The markup in Phase E can now be expected and potentially could close the gap formed in January 2018.
Transaction Capital has been in a steady uptrend with reaccumulation range stepping stones. With each reaccumulation, a similar price and volume pattern was followed, with a spring and test on increased volume. We are now at that junction again and a markup can be expected. The next markup can be expected to be smaller than the previous markups as there is...
After a high volume selling climax in 2018 Standard Bank is now at the top of the Trading Range (TR) that was formed. A smaller distribution range has formed, there is a divergence with the Volume RSI and some selling volume. The expectation is that the price will move in steps to test the bottom of the TR.
After a sharp decline with a Selling Climax (SC) Old Mutual has been ranging. Now after some low volume accumulation price has pulled back to the bottom of the trading range also on low volume. The spring off of support has been on good volume and after a test, we can expect a mark up in the Trading Range (TR) in Phase D to the top of the TR. We can then look for...
On 2H timeframe there is strong short trend which is well confirmed by the volumetric method of analysis using the x-volume indicator. Purchase zone: 0.0635-0.0715. Levels thanks to X-Lines indicator.
Good time for long position it exactly show my x-volume indicator. Kraken sell big volume from 168.5 and now price can go up free. Levels thanks to X-Lines indicator.
Overnight price continued to the downside as noted yesterday. It took out last week Friday's low. In overnight session, it has taken out Asian highs. Today I expect the price to be on upside. Note last trading day of the week, so everyone should be flat by end of the day as you never know what will happen during the long weekend.
Dis-Chem has started a long term and large Trading Range in June 2018. The range boundaries have been set in Phase A between R24 and R35. After a Selling Climax (SC) and Automatic Rally (AR) we have now seen a Secondary Test (ST) of the SC lows. A small TR has now formed at this support and we have seen a Spring. We are now expecting a markup out of the small TR...
A little like Kumba S32 is looking week in a strong sector. The relative strength to the resources sector is rolling over. I previously looked at the structure as accumulation but this seems to have been an upthrust (UT) that met with supply (Increased volume on UT). The volatility to the downside has increased from 19 to 28 to 34%. The upward stride has been...
I prefer identifying horizontal trading ranges (TR) but in the case of Mondi I will make an exception due to the clear change of character (CoC) that was seen in the previous decline. At the end of 2018 we have seen a decline that has never been seen in the stock before, with some volume. The attempted rally has been weak and I am expecting a markdown to begin....
With the platinum price improving there has been strong buying pressure in NHM. We see this with increases in volume on up moves and decrease on pullbacks. However, there has still been significant supply keeping volume high. However, now we see a decline in volume indicating that supply may have dried up. I am now expecting a strong move out of the trading range.