XAG/USD Silver Price Analysis: Bullish Continuation or Rejection📉 Current Price: 32.3715
📊 Key Levels:
Support Zone (~32.00 - 32.20): Price recently bounced from this level.
Resistance Zone (~33.20 - 33.50): A potential target for an upward move.
📈 Potential Scenario:
The chart suggests a bullish breakout after retesting the lower support zone.
If the price successfully retests and holds above 32.00, it could continue towards 33.50.
A break below 32.00 could invalidate this bullish move and lead to further downside.
🎯 Trading Outlook:
Bullish Bias above 32.00, aiming for 33.50.
Bearish Risk below 32.00, which could lead to further declines.
TECL trade ideas
TECL Fibonacci Retracement Coronavirus CrashThe thick red line and the extra 50% drop by Dec 2020 reflects the possible slow cooling of the economy as the world shuts down to contain the coronavirus. I am long term bullish, so I will be buying at this point, and buying at many points in the future, not selling.
Technology Set For A Massive Upside AdvanceMy analysis suggests that the Technology Sector is set for a massive upside price advance in the near future. My other analysis suggests the US stock market could begin another massive upside move as well. I believe the Technology sector has been push dramatically lower by fear and missed earnings data in relation to the recent Q3 earnings cycle. I believe many technology companies are experiencing a massive oversold price level at the moment that could be setting up for a perfect reversion trade back to near recent highs.
I suggest a 20~25% minimum upside potential currently exists in TECL for a move towards $160 before the end of 2018.
Follow my work. Read my analysis. Try to understand that much of my work consists of advanced predictive modeling systems and adaptive learning price models. I believe I can accurately predict just about any market nearly 4~6 months into the future. Visit www.ment.com to learn how I can help you.
Buy Alert for TECLMy WT Cross Strategy has alerted me to a buy signal for Direxion Bull Technology 3X Shares ETF ( TECL ), at a price of $155.38 using a 120-min time frame. My idea is to buy the dip, at price below $155.38. I will update when I get the signal to close the trade.
I am using the following parameters for this trade:
Channel Length - 1100
Average Length - 1
Average Length2 - 17
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I have a Pro+ subscription for Tradingview so this gives me access to more data than someone with a free or even a lower tier sub. More data should enable me to construct a more robust model, so your mileage may vary if you are trying to use this strategy for a free account. Please use caution, and be advised. Good Luck All!
Buy Signal for TECLMy WT Cross Strategy has alerted me to a buy signal for Direxion Bull Technology 3X Shares ETF ( TECL ), at a price of $153.50 using a 120-min time frame. My idea is to buy the dip, at price below $153.50. I will update when I get the signal to close the trade.
I am using the following parameters for this trade:
Channel Length - 1100
Average Length - 1
Average Length2 - 17
***
I have a Pro+ subscription for Tradingview so this gives me access to more data than someone with a free or even a lower tier sub. More data should enable me to construct a more robust model, so your mileage may vary if you are trying to use this strategy for a free account. Please use caution, and be advised. Good Luck All!