The charts seem to show that there wont be any really major re-tracement in EUR until 1.22 levels because of a multiyear wedge formation. In the interim tho, we could have a potential re-tracement because of a multi year support/resistance line that could push the EUR up to 1.29 levels before resuming it way down to the target of 1.22 where there is a high...
The charts seem to show that there wont be any really major re-tracement in EUR until 1.22 levels because of a multiyear wedge formation. In the interim tho, we could have a potential re-tracement because of a multi year support/resistance line that could push the EUR up to 1.29 levels before resuming it way down to the target of 1.22 where there is a high...
Facebook seems to have a very bullish bunch of investors as the stock seems to want to target $100 / share before the end of the year. I'm neutral on the stock and would rather see a good correction and see the true performance on earnings before seeing this stock hit 79+. If the October earnings is good then we'd have a better gauge/reason for a strong rally...
Facebook seems to have a very bullish bunch of investors as the stock seems to want to target $100 share before the end of the year. I'm neutral on the stock and would rather see a good correction and see the true performance on earning before seeing this stock hit 79+. If the October earnings is good then we'd have a better gauge/reason for a strong rally and...
The dollar seems to be in a Bear market B wave, contracting triangle. Due to the duration of the correction it is likely a B vs the 4th wave of the 5th and confirms a bear market triangle. Now given that we may be on the verge of a break down in the C wave and could have a pottential throwover before a sharp move lower.
A traders view of Facebook. Note: The current wave has a very impulsive structure irrespective of the 5 wave down from wave 5 to form A. The only reason to be sure it is a wave B up is because of the symetical triangle formation in the B wave. I had lost enough shorting this stock and wave B is a sucker by its unanticipatable projection. If your long, stay long...