• Slightly upside corridor since beginning December 2022 (daily chart on the left side) • The stock is currently trading at the bottom of the corridor (left side chart) • Low volume in the last days (left side chart) • Break out of the decreasing trend line in the last weeks (weekly chart on the right side) • Supportline at 2.654 (right side chart) • MACD line...
BTC acting as expected. The current support line is very strong that stretches through 2021 June-July. The current corridor is formed in 30,000 to 35,000 with some up or downticks below. General sentiment stands to hold well- relief for markets. This comes due to many macro indicators and some chain-data suggestions. As with the previous TA, we should validate...
In my opinion we are not going to see more correction on ADA
Hello Traders! The price of BCE Inc has moved in fast bullish jumps and slow bearish corridors for two times in a row now. The 200 SMA has already acted as a resistance in June and it is reasonable to believe it will act this way for the next jump as well, which is just about to happen. The first goal for a short position is the 41.83 support/resistance and the...
Hello Traders! BCOM seems to move in a very big price corridor and has just peaked. A new short-term downtrend is confirmed by the price, the MACD, and the RSI. This is the perfect time to go short! VF Investment cannot be held responsible for any financial damages suffered from following our well-funded but personal opinions and trading ideas. Please, maintain...
Hello Traders! Abbott Labs had been on a clear and strong uptrend for quite some time before the crisis in March/April. But now that it has recovered and broken out of the short-term downtrend bullishly, the MACD has moved away from the 9 EMA and the RSI is a good bit away from overbought, it is very likely that the price will regain its previous upward momentum...
Hello traders! After overshooting all moving averages, the price of Advanced Energy Industries has broken out of its corridor and bounced off of the bottom of the corridor, which confirmed the breakout. The RSI is far away from being oversold and the MACD looks pessimistic. I believe the MACD crossing below the 9 EMA and the 100 SMA crossing below the 200 SMA...
Hello Traders! After recovering from the shock in March, there is no reason for the price of Bonanza Creek Energy to not revert to its normal range. It broke through all the moving averages and the support/resistance at 16.43 without problems and the MACD looks very optimistic as well. It's already impossible for the next high of the MACD to be lower than the...
Our price remained in the corridor. Taking into account the reversal from the upper boundary, we expect testing of the lower level, which is at the mark of 1.1625. In case of breaking through the level and fixing of the price, we expect the continuation of the downward movement and the expansion of the corridor boundaries. We recommend taking short positions and...
Since the beginning of today's trading session, the pair is slowly rising. We still believe that the pair will fall below the 1.15 mark. However, at the moment, the price has turned around. The price began to rise not reaching the lower border of the corridor. On Thursday, amid fears of investors about the trade war and Friday's completion of the week, investors...