Once in a lifetime, the indicators are not even halfway up to the signal. Even if it meets the center line, that's a staggering 20%. On top of that, the crossover on MACD and curving moving averages are ready to confirm a new bullish trend.
Waiting for the sideway pattern to be attentively structured, historically, squeeze happens, and a large candle breaks the cycle, working on breaking the resistance. Still, it's long and maybe a little too early.
It has an excellent sideways movement, and the resistance has been known to stop this in its tracks, but that being said, still, room to run if they want to give it some locked-in gains as I see room to run by 5 points, I wouldn't be sure if it goes beyond it.
With sentiment and excitement, it could continue another day or two as new investors focus more on how great this deal is. Indicators are too high, but specific indicators are bullish.
The heading speaks volumes; it may see 515-520 as it does not have a good outlook, and with no positive news and over-extended technicals, a correction might be a better word.
While the irons are hot, indicators are overbought, the good catalysts could continue with the bullish sentiment and fundamentals. Not done yet, expect a retrace at some point too.
The catalyst was suitable as both revenues and EPS were beaten, and future earnings see a bigger jump, making it better, but due to the glitch and other technical pointing to a continuing pattern, a 5-10% change may still be in play and not priced in.
I have been watching closely; stochastics need to come down reversal indicators on the Heinkin MACD death cross, a slow-down correction.
Just crossed over to positive on the indicator; the reversal isn't given the continuation is far from over, even stochastic; rsi is bending down a little and may also play in the channel after it's formed, but still confident of a breakout due to catalyst fundamentals and technicals.
Macd is approaching 0, still higher, and other candles are continuing. There is no sign of fade or slowdown; it is just ready to distribute. I am still very bullish based on technicals, price sentiment, and value. With this still priced low, I could see 50-60 in the short term. Stochastics are not high, either. They will reset, but I don't think it is likely yet.
Indicators on the rise show no sign of slowing, and with the resistance of a channel that hasn't broken in 2 months, we could see that pattern shift in the next session or two,450.
The price has stabilized, but there is no reversal candle. I am still looking to move up from here, but there isn't any indication that it will, or the bull candle wasn't enough to sustain buying. It will be interesting to see if we can capture another decisive indicator or catalyst, but until we do, it looks very bearish to me.
We could continue to see a sideway pattern for a little more, giving it time to position itself even higher. It is still uptrending higher highs and lower highs and continues to strengthen on many indicators and areas. Another crossover on MACD crossing the signal line suggests a breakout to 200.
All indicators are still poised for newer highs; the sideway channel may have disembarked on an opportunity to continue into higher highs. Other indicators following suit could continue steadily closing in on the 200 mark.
The trend is exhausted. It has stopped moving due to increased price stability. Buyers have slowed, but the pressure of selling hasn't come in quite just yet. There is a divergence between the MACD being bearish and stock bullish, candles also fading, may see a drop of 6-10 points, possibly picking up from 95 range.
MACD going sideways stochastics has been hovering around at the top in a flat line and has slowed down; I could see a sideway between a few points before the next breakout right now, so I could see a few points shaved off at this area.
Has been volatile, and after the initial breakout, we are now looking for a continuation breakout into the second phase of the resistance and make it to 140 before possible signs of weakness in buying and sentiment reversal.
The retrace after we mentioned it was at a stage of correction and needed a retrace. The MACD death cross is still over 0 and running out of green histogram. Structurally, the red box could be a bounce opportunity until then, with many indicators still poised not to make any reversal sign as of yet, continuing to go down more.