last days we see a volume increase and some bullish indikators like momentum and stochastik. but also we're hitting a gap resistant in the gold-ETF. i would wait for a consolidation respectiv a bounce back to the 170$ support to get into it. overall i think with high inflation and all the crisis over the world goldcould be more attractive in the next time. also...
I am currently watching Twitter ahead of the upcoming earnings. The last strong rise in 23 bars was consolidated for a very long time. The extended Fib would set a target zone of the psychological 100$ mark, which I think is realistic from a purely market-technical point of view. We are currently sitting on a cluster (58$ mark that has held again and again +...
This is just a low risk trade for me cause Ford runs last month's very well (picture) and the worldwide lack of chips is hitting the whole car sector. Not sure what's the long run for this. But I like the technical setup in my trading timeframe (1D) so far. After a increase in volume and price, we see a 1:2.4 consolidation. I like to see that there is buying...
Close to earnings, TSLA is sitting on a very good cluster. It's not just the nice 1:2.6 consolidation, TSLA is also hitting the MA 200,100,50,20, Fib 50, tight BBs looks good to me. The chance of a new bullish move is probably high if we get new momentum after earnings. If i see more then 1 rel. volume i like the trade more. Looking at the weekly view, we can...
Freeport is in a consistent uptrend and now pulling back. it was building a short low base and breaks out now. Supported by the SMA20 realistic target at expanded fibo?