Bearish candlestick pattern printed on the weekly chart. Pay attention to the wicks; the newest candle tried to retest the high and reversed before it could get back up there.
Here we have the daily chart showing MSFT breaking trend, as well as a bearish reversal pattern confirmed with a mini bear flag.
Current target is $192-$195, but i'll be watching price...
The daily candle for today rejected at a previous resistance. We also see the lagging span reject the same area as last time.
The previous two times when the price closed under the $219.25 price level, it continued downwards.
I am planning to short until $215.72-ish, which is where I will be watchful waiting since I expect a bit of resistance there. It is still...
AMTD intially dropped due to news of them getting rid of commissions and it looks like it's starting to head back up there.
-The stock is currently in an uptrend and I think it will move something like this
-We see the first resistance level around $36.15 back in Apri/May 2017 and the lagging span bounced off of it
-The next resistance is around $40.26 and I'll...
RL has been rejecting near the bottom of the cloud for the past couple of days, and it just broke past the moving averages. We see it breaking through the top purple line, which has been acting as a support/resistance level dating back since 2010. I think it will move down to ~$84.90 which is where we have been seeing resistance/support action since 2/10/16, and...
The candle for friday closed green above the cloud and we have an uptrending pattern with the tk crossover. I think it will run up about 3.7% and stop around $75ish which is where we saw previous resistance action on 7/3/19, 7/24/17, and there's the sharp chikou pattern at that price level on 5/28/19.
