1) For past two years FDO remains in strong side trend deviating in region between 74 USD and 55 USD. 2) At current moment stock price came back to lower part of long term side trend. 3) Weekly and Daily Stochastic indicator shows, that FDO remains in oversold levels, increasing chances for upcoming bounce. 4) Tight trading range suggest that selling pressure...
1) Las Vegas Sands stock for more than two remains in strong technical uptrend, defined by its series of "higher highs" and "higher lows" 2) At current moment stock price remains at lower part of well defined trading range and 15 percent below March top. 3) MACD shows weakening downside momentum and possible formation of BUY signal. 4) I suggest this trade...
1) There is no clear evidence that long-term down trend is broken. 2) Most likely, currently we are at the intermediate side trend and at this moment we are moving to lower part of trading range. 3) Gold price did not maintained 1 300 USD support point and as prices moves lower attracts more and more sellers. 4) This is indicated by MACD, showing increased...
1. Microsoft stays in strong uptrend and maintained support levels (long-term trend line), signaling about sustainable flow of buying signals. 2. Broke-out from its natural trading range with increased volume, suggesting about increased buying pressure and changes in the market situation. 3. MACD shows increased momentum and makes buy signal, confirming...
1. Decreased volatility suggest about temporary balance between sellers and buyers, but this balance wont last long and will end up with break-out. 2. Throats and peaks deviate in smaller magnitude also signalizing about breakout. 3. Strong demand zone should direct breakout higher.
Breakout was supported with increased volume and by comparison pullback have been shallow and driven by lower volume, suggesting that selling pressure remains limited.
1. The "Coach Inc." for last three years remains in strong side trend, fluctuating in the range between 45.36 USD and 62 USD. 2. In the beginning of last month price successfully tested support zone, attracted buyers and pushed price higher. 3. A tight trading range of past few weeks increase chances of upcoming break out and path of least resistance points higher...
For more than two years RIG company stayed in strong side trend defined by its upper limit at 58.79 and lower limit at 38.18. At current moment RIG shares are very well positioned at lower part of natural trading range and for this moment remains oversold, increasing chances for upcoming move up. Stock has very good risk/reward ratio with huge upside and very...
• For last seven month stock price remained in tight channel between 31.72 USD and 38.89 USD and recent breakout from this range, supported by higher volume, suggest about possible changes in the market and positions the share for next move up. • By comparison the ensuing pullback after recent breakout has been shallow and driven by lighter volume, suggesting that...
It is highly likely that sell-off will stop and bounce-off from long term trend line and support zone.
Hourly charts shows last 20 trading days with major support.