Tesla Inc. – getting close to support of a Canal ascendente
Tesla Inc. is moving towards a support line. Because we have seen it retrace from this line before, we could see either a break through this line, or a rebound back to current levels. It has touched this line numerous times in the last 21 days and may test it again within the next 15 […]
US SPX 500 Index has broken through resistance
US SPX 500 Index has broken through a resistance line. It has touched this line at least twice in the last 22 days. This breakout may indicate a potential move to 4541.9485 within the next 3 days. Because we have seen it retrace from this position in the past, one should wait for confirmation of […]
A final push possible on Unitedhealth Group Inc.
Unitedhealth Group Inc. is heading towards 493.1800 and could reach this point within the next 7 hours. 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 down to […]
US Wall Street 30 Index broke through important 34386.1992 price line
US Wall Street 30 Index has broken through a resistance line. It has touched this line numerous times in the last 6 days. This breakout shows a potential move to 34628.9688 within the next 14 hours. Because we have seen it retrace from this level in the past, one should wait for confirmation of the […]
Either a rebound or a breakout imminent on US Tech 100 Index
US Tech 100 Index is heading towards a line of 14887.9004. If this movement continues, the price of US Tech 100 Index could test 14887.9004 within the next 23 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 end […]
A possible start of a bullish trend on US Tech 100 Index
US Tech 100 Index has broken through a resistance line of a Canal descendente chart pattern. If this breakout holds true, we may see the price of US Tech 100 Index testing 14852.6569 within the next 2 days. But don’t be so quick to trade, it has tested this line in the past, so you […]
Huge bearish move on Alibaba Group Holding Limited
Alibaba Group Holding Limited has moved lower by 11,18% from 100,43 to 89,2 in the last 7 days.
US Wall Street 30 Index approaching resistance of a Canal descendente
US Wall Street 30 Index is approaching the resistance line of a Canal descendente. It has touched this line numerous times in the last 7 days. If it tests this line again, it should do so in the next 2 days.
What’s going on with AbbVie?
Those of you that are trend followers are probably eagerly watching AbbVie to see if its latest 13,92% move continues. If not, the mean-reversion people out there will be delighted with this exceptionally large 31 days move.
Will Apple Inc. have enough momentum to break resistance?
Apple Inc. is heading towards the resistance line of a Canal descendente and could reach this point within the next 7 hours. 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 happen, […]