US Tech 100 Index approaching resistance of a Rising Wedge
US Tech 100 Index is approaching the resistance line of a Rising Wedge. 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.
Will US Small Cap 2000 Index have enough momentum to break support?
US Small Cap 2000 Index is heading towards the support line of a Channel Down 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 […]
Resistance line breached by US Small Cap 2000 Index
US Small Cap 2000 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 2314.4498 can be expected within the […]
Biogen Idec Inc – getting close to psychological price line
Biogen Idec Inc is moving towards the support line of a Support. Because we have seen it retrace from this positions in the past, we could see either a break through this line, or a rebound back to current lines. It has touched this line numerous times in the last 9 days and may test […]
Will Amazon.Com Inc. have enough momentum to break resistance?
Amazon.Com Inc. is heading towards the resistance line of a Rising Wedge and could reach this point within the next 21 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, […]
Either a rebound or a breakout imminent on Tesla Inc.
Tesla Inc. is heading towards the resistance line of a Triangle. If this movement continues, we expect the price of Tesla Inc. to test 623.1400 within the next 17 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 […]
Should we expect a breakout or a rebound on Coca-Cola Co.?
The movement of Coca-Cola Co. towards the resistance 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, or simply […]
Breach of important price line imminent by US Tech 100 Index
US Tech 100 Index is moving towards a line of 13677.5996 which it has tested numerous times in the past. We have seen it retrace from this positions 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 […]
Either a rebound or a breakout imminent on Microsoft Corporation
Microsoft Corporation is heading towards the support line of a Channel Up. If this movement continues, we expect the price of Microsoft Corporation to test 231.2309 within the next 2 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 […]
US Tech 100 Index approaching resistance of a Rising Wedge
US Tech 100 Index is approaching the resistance line of a Rising Wedge. It has touched this line numerous times in the last 5 days. If it tests this line again, it should do so in the next 15 hours.