Looking for a break of the weekly rising trendline @ c.646 for entry short and then a pull back to c.580. Now back to watching 'The Lost Pirate Kingdom' on $NFLX
Trendline breakout. Falling volume on price decrease, reversal inbound. Looking for a c. 10% move up over November. Let's see how this one fairs...
BP looking to fall away into earning to complete retrace of previous failed breakout. Potential buying opps at 276 and 250 before continuing upwards to 355.
Against the backdrop of deal negotiations coming to a conclusion with AE + the breakout & subsequent backtest of copper 9 year downtrend... I would expect this to give the impetus for LSE:ARS to break out of the c. 2 year downtrend that it finds itself in (see weekly chart). Support levels in yellow, trend lines in white. Has recently bounced quite nicely of...
Interesting point for copper - at cusp the cusp of a breakout from downtrend, if so $3 levels and then $3.30/lbs look achievable over the next year.