Resistance became support at $206 and ETH is still bullish. It has every chance to get to $514, but in this market, fortune only favours the brave, and sometimes they get wiped out.
Gold has broken out from its rectangle pattern. Definitely bullish.
A breakout on the daily chart for Aluminium. China is reducing capacity and is trying to prevent speculators from taking the price "too high".
Is this the start of a bullish breakout? Too early to say yet. Wait and see?
Resistance has become support, although RSI is showing divergence. As with many shares, wait and see.
Is BKG forming a bearish H&S? Wait and see in the next few weeks.
Is this too easy to predict using a charting principles or will wheat follow and break out later in the year? Wait and see.
H&S pattern forming on weekly Nat Gas. Bearish formation in a downtrend.
Today FLX closed below 5.39 resistance at 5.26 The 50 period daily EMA has also crossed below the 200 EMA Since May 2017, the daily MACD and RSI have both been down-trending Finally, the cup and handle pattern it formed since Jan 2016 looked to be bullish. Unfortunately it failed in May this year.
LRD - Has every chance to go over 155, but needs some positive news to give it a push Wait and see.
Kromek is now in the middle of a convincing breakout after breaking the downward triangle pattern on 7th June.
Silver has hit it's resistance line of 16.84 and after the non farm payrolls, it has fallen. RSI and MACD are both in a down-trend, and price is also below its 200 EMA. In my opinion, that's a few good reasons to go short.
Next direction for BILB? Broke its 200 EMA retested (imperfectly) Wait and see.
There have been 5 separate attempts to break 73p in the past few years and all have failed. The price continues to range and I can't decide if it should be a long or a short.
Edging above the cup and handle pattern. Will it break out much further?
Despite positive results, the fundraise has depressed the shares. A quadruple top in a ranging market is not bullish and the shares are going nowhere.