SmartVest
Three white soldiers is a bullish stock pattern. Bitcoin broke above resistance and has a pattern that is bullish. Hopefully, it can break into a new level. Thanks, like, and follow.
The Euro consolidated, after a small up-trend. The channel is getting more volatile and is ready to breakout. It will take some time, though the consolidation could be ready for a breakout. Remember to always wait until the price breaks above, and then you buy. You always have to have a signal before you buy. Like and Follow.
Bitcoin has had a long uptrend for years. Though, finally, it broke above it. It was at the top, but a little too overbought. So, Bitcoin took a small pivot, and then jumped above resistance. This could be a good sign, and it could be up to a 30% gain if this is a breakaway. Like and Follow, thanks.
Facebook is in an upward channel, and it is currently at support. It is the time to buy and then sell at resistance.
The S&P 500 had hit resistance in a channel for two times. Both of the times it failed, and went back to support. On the third time, it hit it and then made a tiny pivot. Then it just climbed back up to resistance, and that is where we are today. The S&P 500 may break above because when the index had a small pivot, it gained buying pressure, and was not as...
Gold has has been rising over the last few months, though it seems to have a new trend. It is now in a falling channel, and the support level is getting weaker. Gold may have a new downward trend!
Apple had a uptrend late 2019 to early 2020, and then it followed with a big pivot. The stock continued to rise after that in a channel. Then there was a runaway gap, which is a continuation gap. The stock was then followed in a descending triangle which is neutral. This is a make or break moment. Because this is a consolidation pattern, and it can rise after...
This could be a Bearish Flag Pattern. The stock could rise back to resistance, and then fall through support.
The stock will most likely drop back down to support in the coming week. This is the time to buy. After, either wait to sell when it his resistance or keep it if you think it will break out.
Buyers think it was a good price when it dipped below support, so it was bought. It is overbought and is waiting until a reversal.
The stock had a reversal or small up-trend after it had fallen. Now there is a long consolidation and is ready to breakout.
There is a possible symmetrical triangle forming in the S&P 500. This means that it could consolidate, and then continue the trend or reverse it.
GE had a gap, which could possibly be a breakaway gap. Then there is a Bullish Harami, and could keep going up. The ADX was also at 37, which means it is a strong trend.