An interesting reference of Fibonacci levels between all time high and all time low data for GBPUSD.
Nice uptrend but currently at sub optimal entry point. Wait for price move back to the averages for re-entry.
WEEKLY Upward move of last 6 months bounced off prior resistance around 12000. Could see a retest of this level. Price recently found support around 10000 and at the channel centre between the 2 MAs. Conversely, 10000 needs to break if a reversal from 12000 on this timeframe is to be called and price would need several closes below the MAs to confirm this. ADX is...
FTSE Weekly: downtrend, has been clinging to averages, 6000 support level failed Bullish Stochastic cross near oversold may mean short term bounce Daily: upward move from March low has now turned over and is slowly making LHs/LLs, price failed to reach 200 MA There may another retest of the 6000 level if price goes back up through 38 Fib level again but then...
See chart annotations for entry. Seasonax detrended data shows this stock is typically strong until the end of the year. Could be dependent on US election result however. Wide stop to account for several attempts to break through 40 and 200 MA. ALT 200 MA is down and if price can't break through it this target will never be reached. Position size 1% of...
Based on fundamental analysis from trusted expert source. 'Regeneron have been one of the few companies mentioned in the press since the pandemic began, for having an effective anti viral drug for treating the symptoms of Covid.' Recently mentioned and used in treating US President. Possible break through prior ATH resistance of August 2015. Averages up....
See chart annotations for entry. Pulled off a similar move from mid 60s up past 100 in 2016. Seasonax detrended data shows this stock is typically strong until the end of the year. Could be dependent on US election result however. Wide stop to account for several attempts to break through 75 and 200 MA. ALT 200 MA is down and if price can't break through it...
IPO long term buy and hold following analysis from a trusted expert source. 5-10 year timeframe. See chart annotations for entry. Position size 1% of account as usual.
See chart for annotations and entry. Sell in May and go away, come back again on Labor Day
BTC Weekly: Upward move of last 6 months bounced off top of range resistance around 12000. Needs to blow through this level to be convincingly bullish now. Conversely, 10000 needs to break if a reversal on this timeframe is to be called. Bearish signal line and histogram cross look imminent but the averages are still currently up. Look to shorter time frame for...