Natgas had just broken its downtrend line and the 50-day SMA is now acting it's support. Let's see if this breakout will confirm in the coming days.
Probably a good time to short sell Xiaomi as it breaks down from the symmetrical triangle in confluence with a break down as well on its 50-day SMA.
Lyft just breaks down from its uptrend line but is trading at 0.786 fibonacci level. Breaking the 0.786 level could mean further downward movement towards $37 area to create a double bottom pattern.
Confirming a breakout from the descending triangle pattern supported by volume.
Ebay has made a successful bounce at 0.618 fibonacci level but $36 level is still a resistance.
Watch out on these significant levels, 0.382, 0.50 and 0.618 fibonacci levels for better pullback entry points.
Gold is clearly showing signs of a bearish signal as it forms a rising wedge area pattern. This usually indicates that the upward movement is losing momentum and that the price may drop anytime soon.
Currently retesting its trendline support (previous resistance) in confluence with the 50-day SMA.
Breakout or breakdown from the symmetrical triangle pattern would give a long or short position opportunity.
Showing a bullish scenario as it forms an ascending triangle pattern while in consolidation phase.
Watchout for potential breakout from a big range in the coming days.
Consolidating within 4.20 to 5.60 levels. Successful breakout from consolidation phase could probably make this stock to move up significantly.
After it's successful breakout, it did a pullback and bounce for those traders/investors who wanted to enter some positions with a very low-risk yet has a high upside potential.
Currently in consolidation phase after its successful break out from 7.40 resistance area.
Tesco may still consolidate for a little while but it seems it's gonna breakout from the falling wedge pattern in the coming days.
Currently on a high volatility. Best thing to do as of the moment is to wait for the price to stabilize and find its base before entering for position trade.