Bollinger Bands getting tight, signaling a possible breakout soon. Heavy buying volume throughout the last week. A move up toward 21.50 would confirm the trend change from consolidation to bull run. Long Sprouts!
The trend line from the March lows has been broken and the ETF is on the cusp of breaking below its 50-day EMA. What's more, the MACD is showing a hugely bearish reversal, even more dramatic than it did back in March. This suggests further weakness for QQQ. SQQQ offers 3x inverse leverage to the QQQ ETF. QQQ tracks the Nasdaq 100, an index consisting of the 100...
The stock has entered a consolidation pattern, poised for a breakout to either direction soon. The trends seem to indicate a possible move to the downside, looking at the MACD and 60-day and 180-day EMAs. MU has exhausted the rocket fuel it gained from a good earnings report last month, as future estimates have flatlined.
The CDC may issue guidelines that Americans should wear masks when out, even if they are not sick. APT manufactures N95 masks, which had led their share price to see big gains recently. The stock is trading above its 200-day EMA and looks to be in the middle of a bullish setup. The MACD is trending higher but not yet at oversold levels.
Despite silver miners getting hammered lately, FSM looks like a good buy at these levels. Both the MACD and KST indicators show a bullish crossover happening right now. This comes at a time when the stock has bounced off its one-year support level of $2.40. A close above this level should mean further upside potential in the near-term.
LRTNF looks like it could see further losses, but is becoming oversold. There has been huge buying near current levels, as you can see by the volume indicator. The RSI is almost flat at just below 50. Look at the support level of $0.35 for a good buying opportunity, assuming the trend doesn't break beneath that and become the new resistance level. LRTNF has...
There's only one indicator here: the 200-day moving average on the S&P 500. For the first time in almost ten years, this level has been breached to the downside. We are officially in a bear market, and there could be much farther to fall. Today's close will be a historic one, as the Fed pumping over a trillion dollars worth of liquidity into the markets didn't...
Inovio Pharmaceuticals has skyrocketed amid reports it may be developing a vaccine for the Coronavirus. There's no patterns that can really be drawn on this chart, it's so vertical. The RSI says conditions are overbought, as to be expected, but the rally can easily continue after some profit-taking. Buyers still outweigh sellers in terms of volume.
It looks like BTC/USD has found a floor and is starting to rebound from the recent sell-off. After breaking through an ascending channel pattern the last few weeks, it appears the cryptocurrency has bottomed out and will resume its current bull market. The MACD is signaling oversold conditions with the potential for major reversal coming soon.
VICI Properties is doing well despite all odds. The company missed its recent earnings estimates and should be hurting due to the virus outbreak. But the rally continues.
MEET still has room before reaching its ATH of $8.11. It's starting to look overvalued with the near-vertical moves and the RSI beginning to move into overbought territory. There could be a short-term correction but the overall trend remains bullish.
Binance/BTC hasn't broken out of its long-term bear market just yet. There has been heavy selling on high volume and money flow. The MACD has begun to roll over as well. Prepare for more of a short-term correction.
While BTC/USD may have made a golden cross today, other technical indicators spell potential trouble. The MACD is showing a bearish divergence while the parallel channel established in recent months is in jeopardy of being broken to the downside. Watch for support about 9,180 – a break through the bottom of the channel could mean a retracement to this level. If...
DASH has entered a period of consolidation after its recent rise and resulting correction. Depending on price action in the coming trading days, a buying opportunity could be emerging. Watch the support and resistance levels marked by the horizontal lines in the above chart.
Shopify has been enjoying a terrific tear, with the MACD entering beyond overbought levels. But investors don't seem to care, and they continue to buy the dip, even when there's no real dip there to be bought.
K92 has been having a very good couple of months. The parallel trend channel established recently is strong. The MACD is going off the charts, however, suggesting potential trouble ahead. For now, the bulls remain in full control.
The chart looks similar to the last one of SLGWF. Signs of a potential bottom showing with support being established around $1.25, MACD turning bullish.
After a long and protracted selloff, Slang Worldwide appears to be reversing its trend. MACD turning bullish and there was an upward slope after bollinger bands tightened around the low of $0.19.