Technician

Technician

A potential long term inverse head and shoulders. A Break above the neckline of the pattern should signal further long term upside as the main descending resistance will be broken too. -The recent downside pullback retested the 52-week average before bouncing, price is currently retesting the main descending resistance again. -Ill be watching the neckline around...

Technician

Technical developments point to a brightening picture - Shares completed a double bottom reversal on the main ascending trend line for the bullish trend. - Shares broke the descending reisstance for the recent correcion -Shares settles back above the 50-days SMA -Main target at 38.00 and probably higher

Technician

After the prolonged down trend the U.S. dollar witnessed from 2002 to 2008, the greenback entered a phase of sideways movement, clearly illustrated by the symmetrical triangle formation. Meantime, volatility has been on the decline for more than a year, which is clear on Bollinger bands as bands squeeze, low volatility periods are usually followed by sharp...

Technician

-Bullish bottoming formation in the process -Pattern is not confirmed yet, as a decisive break above the neckline with good volume levels is required now -RSI Momentum breaks its bearish trend line -MACD competes a bullish crossover -If pattern is confirmed, ideal target would be around 44.50 -37.20 is another key resistance and possible conservative...

Technician

-Shares completed a multi-week double bottom -Bullish Outside bar breaks neckline of the double bottom -Decent volume on break -If price manages to hold above the 52 week average this week as well, that would increase the chances of further upside over the medium term. -A potential upside target could be at 2013 highs near 27.30 -25.45 is another overhead...

Technician

A shooting star on heavy volume. While Momentum is showing extreme overbought signals alongside a bearish divergence. In addition to a bearish divergence on the CMF volume/price indicator. I think its time for a real deep correction. A break above 260 may abolish this setup.

Technician

Multiple rejection at broken resistance-turned-support at 36.85 area, looking bullish for me over the short to medium term

Technician

Price has broken-out of a a bullish falling wedge pattern on heavy volume, first target was at 9.93 resistance level, and a break above this resistance may extend the upside to 10.90 next resistance level. Overall, I have a bullish bias for the stock.

Technician

Bearish candle pattern on heavy volume, probably shares headed for high volatility and a downside correction

Technician

Weekly hammer at support, looking for long opportunities as long as 35.75 is holding.

Technician

I think the share is excessively overextended/overbought at current levels, my bias for a downside correction remains in play as long as the high of the major weekly shooting star at 390 is intact. By intact i mean price fails to hold above the level for few days.

Technician

This could be a normal strong volume on a breakout above 1810.00 resistance, however volume spikes following a sustained up or down trends usually signals a pullback. If the index manages to break and hold below 1810.00 that may favor the bearish scenario, Otherwise bullish trend remains intact.

Technician

1.0655 continues to hold, rejecting price for multiple weeks, this is not as screaming sell signal per se, just telling me to consider short positions over the lower time intervals.

Technician

Alarming a Strong Momentum divergence

Technician

Potential for a short term downside pullback after forming a bearish shooting star at 1.5460 major resistance

Technician

I am not suggesting a bearish outlook here, but the late session rejection formed a shooting star candle(not a major one though) accompanied with strong volume, therefore there are good chances for a pullback near term

Technician

Udate: stopped out Profit/loss(pips)=-47 The price failed to trigger my entry for a short position at 1.3710 as pullbacks were halted below 1.3700, before price headed lower to touch levels just above my first target. hitting my targeted area without entry invalidates my setup. However, renewed strong selling pressure is clear on broken support turned resistance...

Technician

Internal strength remains weak despite the SPIKE higher in the SP500. As trend of stocks above 200-days Average remains diverging. I would like to see black line breaks above its descending trend line to negate this bearish signal. Until then, I am not a buyer, i remain unconvinced and strongly cautious on this bullish run. If this divergence persists for a...