Have a great weekend to all, All details showed on graph. We are in a similar cycle and what i believe downtrend over. Similar weekly candle sticks with 29th March.
Hello traders, AAPL is forming a rising wedge and there is two different scenario but end of the trend both of ways going to make a BIG correction for APPLE Resistance:151,21 Support:130,95 Targe:112,00
GOLD Ready for up direction, Be fearful when others are greedy. Be greedy when others are fearful
Negative RSI Divergence (1D/4H/1H)
Extended fibonacci target 0.37, already breakout symmetrical triangle but be caution for false breakout.
ETH price action beautiful, extended fibo target 2770 and forming a inverted HS pattern in 4H
Energy sector cooling before ER season. And still bullish. Supports and resistances showed on graphic.
41.56 trend support, RSI,MACD showing oversold
Expecting good news from OPEC meeting tomorrow, Stoploss 39,67 target 42,05
In overbought zone, healthy pull back to 40,63 (fib 0,61) 39,16( fib 0,50)
Beat estimated revenue (0,01 EPS) on 10/20/20 gave momentum to stock and bounced ATH ( more than 51% in 3 days) All indicators started to show overbought. On monday can make another gap to up (45) (exhaustion gap) and my opinion will be pulled back fib retracement (0,618) $35-36 in short term. This is not financial advice.
From June to today, MRO drop more than %61 and trendline supports at 5.24 which supported at 4.97 before