For whatever reason, Russia is not tied to oil price from the technical analysis point of view, could it be geopolitical issue at play? A Trump win in Nov could lift the sanction? I don't know. Nonetheless, RSX is poised to run toward 21
Oil rebound ran it's course. The Primary Trend is still down. The best case scenario is making a double bottom around 8 by year end. the worst case???
Renewed GDX rally will take it to 35 resistance in 3-4wks
Both trendline as well as 20ma support. it'll go up from here for the next few days.
a long bearish formation is finally broken. Long from here. Initial target 3
A GIANT head and shoulder formation. good short entry spot
the flame from a break out ER has died down. Time to rally.
found support at previous resistant @19.5, which was broken in Feb. Look for it to move north from here.
VERY SPECULATIVE STOCK. short term a technical entry point. could potentially turn into a mid-long term bull. luxury retail is a growing industry in China where more and more affluent client looking for upscale goods. Same category as VIPS
This is a stock off its prime, broken down below key support. a pretty safe short here. looking to make lower low.
Seem like a climatic run - The sharp uptrend will pause. reduce holding. If the momentum carries it to $26 line, will sell out.
CLF seems to have found bottom at previous low where the uptrend started - $17. also a trend line connecting April 2010 peak and Oct 2011 bottom. A sizeable rebound is on its way. First resistant will be the upper trend line of this giant wedge.