“Darling, you’ve got to let me know – should I stay or should I go?” This song by The Clash seems to be sounding in the background while First Majestic is thinking. As it has already reached the ideal target point for wave 2 in turquoise, the share price could directly go upwards now, rising above the resistance at $19.41. Likewise, it could stay to finish wave...
There it is! First Majestic actually did it – it has advanced into our turquoise zone between $12.36 and $6.89. Now, things are getting interesting. As First Majestic has reached the middle of the turquoise zone and thus has tapped its ideal target point for wave 2 in turquoise, it could already start to move upwards, crossing the resistance at $19.41. However,...
42.53 ENTRY PRICE. 38.28 10% STOP LOSS. 44.66 5% TARGET. 46.78 10% TARGET. RSI above 50 with a steep incline. Volume at 100% +. Price above 200 sma uptrend bias. Hugh large Bullish engulfing candle. Price above both all ma's. Price had a bullish breakout of range top. Price closed above 50 sma for a bullish bias.
All description on the chart. Please, don't forget to like and follow. Thank you.
MONTHLY TIMEFRAME 3RD TRENDLINE TOUCH, EXPECTING A BOUNCE OFF TO THE UPSIDE
Le scénario bear est finalement en train de se confirmer. On est clairement sortie de 2 jours en range pour en entrer dans un triangle descendant. Il n'y a plus qu'à attendre... Je sais cela fait quelques jours que je le répète mais là, clairement, il n'y a pas matière à rentrer.
Le RSI qui pique du nez, le Stoch qui descend et surtout on a percé la ligne de tendance par le bas... Il faut encore attendre une confirmation franche pour se positionner. Mais LEO va être une valeur a suivre dans les prochains jours...
ATOM/EUR reste toujours dans sa tendances bear avec les deux ligne de tendance rouge. On voit se former un triangle de compression entre le la bande supérieur et le support des 3.2 en vert. Le RSI montre cependant une divergence intéressante à la hausse. Attention à ne pas se précipiter, il faut attendre une bougie verte de confirmation qui cassera la ligne de...
The 6 banks wont let the market reach fair value for now. It is bearish for libertarians / patriots. Trade at your own risk!
The target for FR is under 5,50$ CAD. Gold/Silver will make a correction but won't break the low of the last impulse. Trade at your own risk!
Bullish momentum is present on France 40 Index. We can expect other Euro pairs to go up as well as the indexes show good bullish signs.