Everyone is talking about a crackdown, a meltdown, a bubble burst.... I think this is just a (heavy) correction. At the moment $BTC is trading at $10000 per share, which is a major psychological level. Chances are this price level can hold, but if it doesn't there's no support until the next threshold which is $8000. Are you going to buy? At what price?
Waiting for a retest of price structure
Ultra precise technical analysis pattern just completed; WMT has been on a super steady run and it has potential to grow further. Considering a long position from here.
The power of price structure: previous resistance is now support. Pretty much lines up with .618 fib retracement level, so a bounce from here could be in the cards. Projected target is 100% fibonacci expansion (or ABCD pattern completion).
Waiting for a break upwards to confirm the technical figure; let's ride some pips!
Not only is $100 a major psychological level but also a previous resistance which should serve as support in the future.
Willing to invest for the long term in this Amazon competitor, $170 seems a pretty strong support and psychological level.
Technical analysis sometimes can help you fine tuning an entry when looking to pull the trigger on a trade. I'm bullish on this stock, and now it's sitting around $255 which is a former resistance; hopefully it will hold as a support.
Activision is another solid company from a fundamental standpoint; I'd like to add near the support @ $60, hopefully we'll see a dip.
Fundamentally this is a sound company and its stocks should be held throughout 2018. Ready to buy any dip around support level.
Should favor the upside breakout, let's see how this unfolds.
Technical analysis figure had its confirmation with today's candle (wait for closure). Hopefully another test of the demand zone around 109.00 is in the cards.
Price structure @ 0.9000 acted as resistance in the past and after it was broken it was retested as support (check the two big breakout candles). Now it's about to be retested as resistance and there's a nice confluence with an Bearish Cypher harmonic pattern formation lining up with such price level. Time to go short from there!
Could resume short term downtrend if completed.