EURAUD bouncing off support and consolidating to go higher.
Looks like after hitting the same support zone a 3rd time that EURNZD is consolidating to go back up again.
NZDUSD broke to the upside very strong. Consolidating sideways and goign to go long some more.
Watching for a break of the supporting up trend to short.
AUDJPY impulsed to the upside and has been consolidating sideways. Looking for more upside
Looks like EURGBP is inside a consolidation and going to go back down.
After a good impulse down the S&P500 has been consolidating again making a bear flag. Waiting for a break of the consolidation to confirm the down movement to the previous low. Might take profit depending if it holds or not.
I believe we are looking for more downside of the S&P500. The market seemingly overbought in January, fears of rising interest rate,s and inflation putting a scare in investors caused a roughly 12% drop. On the hour time frame it appears a rising wedge pattern is forming indicating more downside. Interest rates and inflation have both gone up since the first drop....
BABA appears to be consolidating after a nice run up. Waiting to see if this goes near it's trend line and see how it reacts. Assuming it will continue to rise as the company is profitable.
JD has broken out of it's down trend. Confirmation will be if it impulses to the upside and does not slowly go back down.
NVDA appears to be entering a down trend/consolidation period. A bear flag pattern appearing to confirm more down side movement. Will wait to see how this plays out over the next month or two for possible entries.
MU looks like it is doing the same thing as NVDA. Entering a downtrend and already dropping more than once. I will be looking for entries based on price and charting in the coming months.
I missed the big run up on Realty Income. I was looking at it and before I knew it I decided not to chase. Now that it has spent 356 days in a down trend and is down around 22% nearing it's trend line , I think it is going to be soon for it to start going back up. I am sure a lot of dividend investors owning this stock have been worried over the past year. About a...
MSFT appears to be overbought and is showing signs of losing strength and momentum from buyers. I believe it will drop towards the first red arrow at least.
ADBE is consolidating from reaching it's high after it's last earning's report. Waiting for it to drop more and break out of consolidation.
MO has been in a downtrend recently from it's high. Looks like it found support at a previous resistance and is trying to push higher. Very soon I believe it will break it's downtrend and go up to start a bull run to enter. I currently already have shares of this stock and plan on adding more soon.
Shell has been gradually heading into a ascending triangle pattern. Going long after restistance breaks after OPEC meeting.