motleifaul

motleifaul

After a little correction until the former upward ressistance it can be assumed that the uptrend will be followed again now.

motleifaul

At least the former uptrend shall be tested again.

motleifaul

The uptrend is intact and nothing happened so far. So let's think that this was ahealthy correction which can be bought now.

motleifaul

I took the profit of the GBPUSD position an start a short USDCAD adventure now. Looks corrective, doesn't it?

motleifaul

I think that the uptrend came to a halt and we will see a retest of the median line at least. I bought a June 72.5 Call.

motleifaul

Upward trend is broken. Let's buy Dollars now!

motleifaul

Should the uptrend remain valid the the rate shall remain within the pitchfork finally and revert to the edian line somewhen.

motleifaul

Following the trend it's time to buy again. We got a support as well as by the trendline and the pitchfork. Targets are also marked by them.

motleifaul

The trend looks neutral but the current downmove becomes faster. We face a resistance at 28.74. If this will be broken then we can expect rates around 27 or even lower till 25.

motleifaul

It looks like a downward correction towards the cloud now.

motleifaul

A break above the falling trendline would confirm the renewed uptrend.

motleifaul

Bottom fishing

motleifaul

Correction due

motleifaul

Couciously we can begin to build first positions I think. It is afallig knife but the fall is slowing. :-)

motleifaul

This looks like the formation of a bottom now.

motleifaul

The low of the trading range and the channel makes hope for a ratracement at least.

motleifaul

The MA 21 serves as a lid at moment. Nevertheless, 31 looks supportive and we are trading in a range since February 13th. At 31.28 a large volume of buyers came in. So it seems tat there may be the present minimal value of the stock. I consider the fall to 31.28 as part of the sideward correction of the stock with hope for a continuing uptrend, at least a retest...

motleifaul

There is a big downgap to be closed around 70. The price is holding well above 60 which should be the support for the next time. Stopp below 59.