Unitedhealth Group Inc. – psychological price line breached
Unitedhealth Group Inc. has broken through a resistance line. Because we have seen it retrace from this price in the past, one should wait for confirmation of the breakout before trading. It has touched this line numerous times in the last 10 days and suggests a possible target level to be around 487.8770 within the […]
Important price line breached by US Wall Street 30 Index
US Wall Street 30 Index has broken through 34659.1016 which it has tested numerous times in the past. We have seen it retrace from this price in the past. If this new trend persists, US Wall Street 30 Index may be heading towards 34776.4492 within the next 14 hours.
Tesla Inc. broke through important 262.1600 price line
Tesla Inc. has broken through a resistance line. It has touched this line numerous times in the last 41 days. This breakout shows a potential move to 284.9370 within the next 2 days. Because we have seen it retrace from this level in the past, one should wait for confirmation of the breakout.
US Tech 100 Index – getting close to resistance of a Canal ascendente
US Tech 100 Index is moving towards a resistance 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 3 days and may test it again within the […]
US Tech 100 Index – getting close to support of a Canal descendente
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 4 days and may test it again within the […]
US Tech 100 Index – getting close to support of a Cunha descendente
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 21 hours and may test it again within the […]
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 6,87% move continues. If not, the mean-reversion people out there will be delighted with this exceptionally large 12 days move.
Breach of important price line imminent by US Wall Street 30 Index
US Wall Street 30 Index is moving towards a line of 34930.5000 which it has tested numerous times in the past. We have seen it retrace from this position 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 Wall Street […]
US Small Cap 2000 Index has broken through support
US Small Cap 2000 Index has broken through a support line. It has touched this line at least twice in the last 4 days. This breakout may indicate a potential move to 1912.6886 within the next 6 hours. Because we have seen it retrace from this position in the past, one should wait for confirmation […]
Coca-Cola Co. – psychological price line breached
Coca-Cola Co. has broken through a support line. Because we have seen it retrace from this price in the past, one should wait for confirmation of the breakout before trading. It has touched this line numerous times in the last 10 days and suggests a possible target level to be around 59.6910 within the next […]