NZDCAD buy idea. Am I the only 1 looking at head and shoulders??Well i guess this is clearly a HEAD and SHOULDERS PATTERN for thouse who dont know about it head and shoulers is a pattern that can show us
that the price will probably go on back to the way it came and the way the last shoulder goes on. so in our case it looks like a BUY to me but always keep in mind the supports and be ready all the time :)
Share
PTC India LTDThe share price of PTC Ltd has retraced to the monthly trend line and has shown signs of possible reversal on the trend line. The RSI and the Stochastic Indicators are also showing the price to be on oversold levels. The next resistance for this share is the 130 price range which is the previous high of 2017. The price did also revert at this resistance zone in the end of 2010. So this is a strong resistance zone, so if the bulls manage to break this resistance, the next level would be the 1.618 Fib zone.
AUDCAD Forcast on my viewsif AudCad breaks the red zone then we r goin to wait for a retest then we gonna sell till the tp illustrated down there but if its gonna break the blue zone then we gonna buy it till to the tp illustrated on the top but may we put in mind that AUDCAD is on a Downtrend(Major) So i jus suggest we wait till the zones a broken Then We can enter Safely We out risking our accounts......Thats my views on AUDCAD but i take suggestion on you guys what you think about this pair.....REmainder Am still learning on using support and resistance so your suggestion will be a great help for me to increase my knowlegde , thank you
Breakout for John Laing #JLGBreakout after good results.
Bullish.
NB: Posted early in the trading day, so there could be downward movement as the day progresses.
Is Albert Technologies about to break higher?ALB might break higher after breaking 35p,
retesting and now possibly moving higher.
Wait and see.
JBLU Approaching Resistance, Potential Reversal! JBLU is approaching its resistance at 18.59 (100% Fibonacci extension x2, 50% Fibonacci retracement, horizontal pullback resistance) where it could potentially drop to its support at 17.47 (76.4% Fibonacci retracement, horizontal swing low support).
Stochastic (55, 5, 3) has reversed off its resistance at 96% where a corresponding drop could occur.
Most holders at $NIPT are now underwaterNegative court judgement
has amplified the downtrend
which began in April 2015
It also broke below the 7.42 support.
Sirius Minerals has broken its trend channelSirius has broken its upward trend channel
and is at a crossroads.
However, although stochastic is trending down
another indicator, Bollinger Bands, is inconclusive.
Wait and See.
Is this Tesco's breakout moment?Is this Tesco's breakout moment
after breaking out of a triangle pattern started in early 2015?
Good figure from Kantar today have helped the share price
but this is just a small part in the general "scheme of things".
Limitations: 218p resistance and 200EMA resistance. Once past that then it has room to run.