Negative RSI Divergence indicates a strong bearish signal. RSI is currently at 53, the trend reversal will accelerate once RSI falls below 50.
Negative RSI Divergence indicates a strong bearish signal. RSI is currently at 58, the trend reversal will accelerate once RSI falls below 50.
RSI is bullish. Mine construction is almost finished : 29 weeks to production.
Healthy Upleg and Bullish RSI. This stock is a great way to play the bull silver market. It is a cult stock, with famous and great management. This is the largest silver producer (operations mainly in Mexico) with long term reserves. Great long term play. Not cheap but marginal when looking at the current silver price...
Since May 1st, gold has only closed below $1,700 3 times. This is a positive consolidation for a stronger base.
The strong rebound that occurred Friday, confirmed the lower level of the Pitchfork. Friday's strong selling volumes suggest we marked a low.
The breakout occured with large volumes on 7 May followed by a confirmation pullback on 27 May. Those two signals suggest a bullish momentum.
Gold could reach $1900 before the end of the month, finding resistance at the upper channel of Andrew's Pitchfork.
Multi-year breakout is confirming as the price rebounded on the upper-channel resistance during the last 3 weeks.
The Breakout is confirming as a Trading Range formed with low volumes during the past few weeks. Following a few weeks of low activity, very-large volumes were registered today. Price is heading toward the next Resistance of the upper Ranging Channel at $7.8. This movement could very easily push the price all the way to the next Resistance at $8.0 to a new...
Ranging Channel Between $4 and $5. Negative RSI suggests we are heading toward $4, which would represent an excellent buying point.
Negative Divergence on 26 May RSI and Stochastics are bearish Next support at $0.44
Facebook hit a new all-time high today. Two days ago, very strong volumes pushed the price just over the long term resistance. However, the high RSI and stochastics combined with a lack of volume (yesterday and today) suggest we are due for a correction.
The stock rallied strongly today after the announcement of a major partnership between TGOD and Shoppers Drug Mart (large Canadian retail pharmacy chain). A shooting star candle appeared later during the day today with high volumes, which indicated a strong bearish signal. A breakout over $0.64 is not likely in the very short term, unless large volumes pick up in...
New multi-month support at $32. GDX needs to stay above $32 for the rally to resume.