Huge bearish move on Netflix Inc.
Netflix Inc. has moved lower by 44.98% from 384.73 to 215.42 in the last 26 days.
US SPX 500 Index experienced an exceptionally large movement
No matter your trading style, keep an eye on US SPX 500 Index after an exceptional 3.62% move. The movement has happened over the last
Huge bearish move on ALPHABET INC CLASS C
ALPHABET INC CLASS C has moved lower by 10.7% from 2,863.21 to 2,559.24 in the last 22 days.
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 Falling Wedge is yet another test of the line it reached numerous times in the past. This line test could happen in the next 2 days, but it is uncertain whether it will result in a breakout through this line, or simply […]
Possibility of big movement expected on US Tech 100 Index
US Tech 100 Index has broken through a resistance line of a Triangle and suggests a possible movement to 13913.3369 within the next 5 hours. It has tested this line in the past, so one should probably wait for a confirmation of this breakout before taking action. If the breakout doesn’t confirm, we could see […]
US Tech 100 Index – getting close to support of a Channel Down
US Tech 100 Index 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 14 days and may test it again within the […]
A final push possible on US Wall Street 30 Index
US Wall Street 30 Index is heading towards 34697.0000 and could reach this point within the next 19 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 […]
US Wall Street 30 Index – getting close to support of a Descending Triangle
US Wall Street 30 Index 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 2 days and may test it again within […]
What’s going on with AbbVie?
Those of you that are trend followers are probably eagerly watching AbbVie to see if its latest 2.84% move continues. If not, the mean-reversion people out there will be delighted with this exceptionally large 4 days move.
US Wall Street 30 Index – getting close to support of a Channel Down
US Wall Street 30 Index 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 10 days and may test it again within […]