Entry price: 335-340$
Target price: 352-354$
RSI: neutral, approaching 50 level, so there is potential for the future growth.
Candlestick Patterns: Hammer and Bullish Kicker
Fibonacci Extension: The last candle crossed the Fibonacci 161,8% level.
Conclusions: Candle patterns and RSI suggest bullish momentum of the asset. Moreover, the price just crossed the last...
A Bullish Kicker pattern has formed in a support zone for AZUL4. If it follows through,we should see higher prices in the coming weeks
A kicker is a two candlestick pattern, with it's bullish form being a bearish large bodied candle followed by and even larger bullish bodied candle. The second candle open has to be equal or above the first cande's open. It's...
Alibaba (BABA) gapped up recently on a Bullish Kicker candlestick, and was followed by an even larger gap up before a selloff today. Today's close formed a Dark Cloud Cover candlestick, and may indicate a downward continuation. Mixed with new global tensions rising with China, BABA may look to gap back down.