Should we expect a breakout or a rebound on Coca-Cola Co.?
The movement of Coca-Cola Co. towards the resistance line of a Ascending Triangle 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 […]
Apple Inc. – getting close to resistance of a Channel Down
Apple Inc. is moving towards the resistance line of a Channel Down. 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 19 days and may test it again […]
What’s going on with Apple Inc.?
Those of you that are trend followers are probably eagerly watching Apple Inc. to see if its latest 6.82% move continues. If not, the mean-reversion people out there will be delighted to cash in on this exceptionally large 8 days move.
Huge bullish move on AbbVie
AbbVie has moved higher by 9% from 105.53 to 114.68 in the last 28 days.
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 2294.2978 can be expected within the […]
Will Paypal Holdings Corp have enough momentum to break support?
Paypal Holdings Corp is heading towards the support line of a Triangle 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 from the past, ending in a rebound instead of a breakout. If the breakout doesn’t happen, […]
Important price line breached by US SPX 500 Index
US SPX 500 Index has broken through a line of 4194.2002 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 4223.8901 can be expected […]
ALPHABET INC CLASS C experienced an exceptionally large movement
For those of you that don’t believe in trends, this may be an opportunity to take advantage of an exceptional 4.44% move on ALPHABET INC CLASS C. The movement has happened over the last 3 hours. For those trend followers among you, you may think about riding this trend.
US Small Cap 2000 Index experienced an exceptionally large movement
For those of you that don’t believe in trends, this may be an opportunity to take advantage of an exceptional 2.57% move on US Small Cap 2000 Index. The movement has happened over the last 5 days. For those trend followers among you, you may think about riding this trend.
US Small Cap 2000 Index is on its way up
US Small Cap 2000 Index has experienced an exceptionally large movement higher by 1.52% from 2,231.71 to 2,278.05 in the last 4 days.