FACEBOOK – getting close to resistance of a Channel Up
FACEBOOK is moving towards the resistance line of a Channel Up. 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 23 days and may test it again within […]
US Tech 100 Index – getting close to psychological price line
US Tech 100 Index 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 15 days and may […]
Microsoft Corporation 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 13.8% move on Microsoft Corporation. The movement has happened over the last 13 days. For those trend followers among you, you may think about riding this trend.
US Tech 100 Index approaching important 13461.2500 price line
US Tech 100 Index is approaching the support line of a Support. It has touched this line numerous times in the last 2 days. If it tests this line again, it should do so in the next 9 hours.
Breach of resistance line imminent by US SPX 500 Index
US SPX 500 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 SPX 500 […]
Either a rebound or a breakout imminent on US Tech 100 Index
US Tech 100 Index is heading towards the resistance line of a Rising Wedge. If this movement continues, we expect the price of US Tech 100 Index to test 13611.0000 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 […]
A final push expected on US Small Cap 2000 Index
US Small Cap 2000 Index is heading towards a price line of 2092.1450 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 […]
US Wall Street 30 Index – getting close to psychological price line
US Wall Street 30 Index is moving towards the resistance line of a Resistance. 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 […]
Either a rebound or a breakout imminent on US Tech 100 Index
US Tech 100 Index is heading towards the resistance line of a Channel Down. If this movement continues, we expect the price of US Tech 100 Index to test 13035.5500 within the next 20 hours. But don’t be so quick to trade, it has tested this line numerous times in the past, so this movement […]
Breach of resistance line imminent by Biogen Idec Inc
Biogen Idec Inc 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 Biogen Idec Inc continues […]