P&G always gives constant dividens and almost same earnings. We will have over than 0.75$ earnings with 0.66$ dividend per stock. This week is good time to buy if you dont have any. In long term this stock will give more than we expected. Market is dynamic so we are!
Chart saying much more. I'm waiting a retrace before going higher and this is an opportunity that we all can take.
Yes weekly is for long term trader so I am. Lots of thing giving long signal on this pair, market is dynamic so we have to wait and see if price hit our entry point @0.7256
NZD gaining power on everywhere including futures, fx, CFD and options. Now we have to wait a retrace or a breakout to enter this trade. Then lets wait.
I'm still on the bear side of the COPPER 2.120 can be a stop loss to enter a trade when prices crosses below 2.012 Lots of bears waiting on 2.00 to be broken.
We have waited this moment almost 2 months and now triangle broken. First have to wait to break the top (0.68775) then we can hold longs till 0.72 area. For stop loss previous daily low or weekly low can be applied (depending on your money management).
Oil prices will need a retracement depending on Weekly chart, because of the political and geo-political risk on OIL prices can go higher without a retracement. Question mark implies this possibility. One way or another prices will go higher for long term ( 1 - 2 years). USOIL Weekly Chart;
The biggest channel is from Weekly chart. I'm waiting this retracement on Daily chart is being finished with this channel breakout. After breakout first support area will be 1.4057 and after this 1.3835 - 1.3840 will act as a good support area. Above the price 1.4460 will be our resistance but trend is down so I think we wont touch that point these days. Let...
Downward movement is just started on daily basis. 14.775 will act as support if this point will break then sellers will get in the market in no time. Also COT report must be tracked this weekend.
As I described on the chart. This week is important because of the last week's weekly candle. Market is dynamic so we are.
Green Trend Line is not significant but that will show us when bears could come to market. 124.670 is good point to putting a short order after breakout of that level short positions will increase. 127.300 is strong resistance for now. If this area broken then short orders will be canceled; Below 122.00 - 122.100 will act as support but after previous breakout...
Chart saying much more than words.
Short is much more possible on this commodity according to channel and bears on the market. On downtrend we have 2 more support areas. But always market decides the way we just follow it :)
As I described my thoughts on the chart.
Chart describes better than words. :) Short's possibility is much more than longs but have to watch prices carefully.