Important price line breached by Netflix Inc.
Netflix Inc. has broken through a line of 518.9100 which it has tested numerous times in the past. We have seen it retrace from this position in the past, one should wait for confirmation of the breakout before trading. If this new trend persists, a target line of around 525.7160 can be expected within the […]
Will Biogen Idec Inc have enough momentum to break resistance?
Biogen Idec Inc is heading towards the resistance line of a Channel Up and could reach this point within the next 2 days. It has tested this line numerous times in the past, and this time could be no different from the past, ending in a rebound instead of a breakout. If the breakout doesn’t […]
Should we expect a breakout or a rebound on US SPX 500 Index?
The movement of US SPX 500 Index towards the support line of a Channel Up is yet another test of the line it reached numerous times in the past. We expect this line test to happen in the next 3 days, but it is uncertain whether it will result in a breakout through this line, […]
Should we expect a breakout or a rebound on US Small Cap 2000 Index?
The movement of US Small Cap 2000 Index towards 2225.3999 price line is yet another test of the line it reached numerous times in the past. We expect this line test to happen in the next 2 days, but it is uncertain whether it will result in a breakout through this line, or simply rebound […]
Breach of resistance line imminent by US Wall Street 30 Index
US Wall Street 30 Index is moving towards the resistance line of a Channel Up 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 Wall […]
Breach of support line imminent by US Small Cap 2000 Index
US Small Cap 2000 Index is moving towards the support line of a Triangle 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 […]
Resistance line breached by US Tech 100 Index
US Tech 100 Index has broken through the resistance line which it has tested twice in the past. We have seen it retrace from this position before, so one should wait for confirmation of the breakout before trading. If this new trend persists, a target line of around 15183.6506 can be expected within the next […]
Either a rebound or a breakout imminent on Microsoft Corporation
Microsoft Corporation is heading towards the resistance line of a Channel Up. If this movement continues, we expect the price of Microsoft Corporation to test 289.6300 within the next 8 hours. But don’t be so quick to trade, it has tested this line numerous times in the past, so this movement could be short-lived and […]
Either a rebound or a breakout imminent on Microsoft Corporation
Microsoft Corporation is heading towards the resistance line of a Channel Up. If this movement continues, we expect the price of Microsoft Corporation to test 289.8700 within the next 3 days. But don’t be so quick to trade, it has tested this line numerous times in the past, so this movement could be short-lived and […]
Important price line breached by US Tech 100 Index
US Tech 100 Index has broken through a line of 15093.5996 which it has tested numerous times in the past. We have seen it retrace from this position in the past, one should wait for confirmation of the breakout before trading. If this new trend persists, a target line of around 15200.9697 can be expected […]