Support line breached by US Small Cap 2000 Index
US Small Cap 2000 Index has broken through the support line which it has tested twice in the past. We have seen it retrace from this line before, so one should wait for confirmation of the breakout before trading. If this new trend persists, a target level of around 1709.2306 may materialize within the next […]
Possible breach of resistance level by US Small Cap 2000 Index
US Small Cap 2000 Index is moving towards a resistance line which it has tested numerous times in the past. We have seen it retrace from this line before, so at this stage it isn’t clear whether it will breach this line or rebound as it did before. If US Small Cap 2000 Index continues […]
Paypal Holdings Corp approaching resistance of a Channel Down
Paypal Holdings Corp is approaching the resistance line of a Channel Down. It has touched this line numerous times in the last 43 days. If it tests this line again, it should do so in the next 3 days.
Breach of important price line imminent by US Tech 100 Index
US Tech 100 Index is moving towards a line of 11090.5000 which it has tested numerous times in the past. We have seen it retrace from this position in the past, so at this stage it isn’t clear whether it will breach this price or rebound as it did before. If US Tech 100 Index […]
US Wall Street 30 Index approaching resistance of a Rising Wedge
US Wall Street 30 Index is approaching the resistance line of a Rising Wedge. It has touched this line numerous times in the last 2 days. If it tests this line again, it should do so in the next 11 hours.
Important price line breached by US SPX 500 Index
US SPX 500 Index has broken through 3600.8000 which it has tested numerous times in the past. We have seen it retrace from this price in the past. If this new trend persists, US SPX 500 Index may be heading towards 3511.0601 within the next 3 days.
Either a rebound or a breakout imminent on ALPHABET INC CLASS C
ALPHABET INC CLASS C is heading towards the support line of a Channel Down. If this movement continues, the price of ALPHABET INC CLASS C could test 88.0100 within the next 3 days. It has tested this line numerous times in the past, so this movement could be short-lived and end up rebounding just like […]
US Small Cap 2000 Index approaching resistance of a Ascending Triangle
US Small Cap 2000 Index is approaching the resistance line of a Ascending Triangle. It has touched this line numerous times in the last 3 days. If it tests this line again, it should do so in the next 17 hours.
A final push possible on US Wall Street 30 Index
US Wall Street 30 Index is heading towards 29820.1992 and could reach this point within the next 3 days. It has tested this line numerous times in the past, and this time could be no different, ending in a rebound instead of a breakout. If the breakout doesn’t happen, we could see a retracement back […]
Huge bullish move on Biogen Idec Inc
Biogen Idec Inc has moved higher by 33.6% from 199.1 to 264.32 in the last 12 days.