May go two ways, fast drop like in 07 and 08 or meander
With an earnings and revenue beat, Baidu is poised for a bearish upward trend once headwinds from delisting and clampdown from the Chinese government are decoupled from the company. Technical analysis shows Baidu trading are key Fibonacci levels and forming a falling wedge pattern. Price Target: Near term: 212.08, with a 60% confidence Mid-term: 260.87, with a...
Indicators are showing very mixed signals.
Markets have been relatively bullish. Will not be surprised if we see another correction.
Will expect prices to be artificially inflated again due to battery day announcements. Observed that there was some residual sell momentum too which may further push prices up. Target: slightly above 500
Seems like there is still some momentum here
We have seen this before, and I expect to see us entering the same high as before
Key levels passed. Do look out for recommended levels to buy back in
Would Amazon ever undergo retracement?
We are still under the clouds so watch out for key supports. I believe many of you are familiar with this.
following a very similar trend as before. Lookout
USD is in general, in a downtrend, however we can expect it to retrace to fib .382 of all time high.
H&S formation on 1D chart. Ichi cloud suggests further price meander
Need more conformation and will update accordingly. There is a possibility this is not the end too
Lookout for 0 - B trendline. if ths is roken, using Bulkowski's Simple ABC correction, we can see a bull run is imminent
Bearish market now. Ichi cloud suggests further price fall. We can see next fib to be hit. Look out for next fib time zone in March