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 line before, so one should wait for confirmation of the breakout before trading. If this new trend persists, a target level of around 1859.2883 may materialize within the next […]
Possible breach of support level by AbbVie
AbbVie is moving towards a support line 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 AbbVie continues in its current trajectory, we could see it […]
US Tech 100 Index broke through important 11667.0000 price line
US Tech 100 Index has broken through a support line. It has touched this line numerous times in the last 7 days. This breakout shows a potential move to 11544.1602 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.
What’s going on with Meta Platforms, Inc. – Class A Common Stock?
Those of you that are trend followers are probably eagerly watching Meta Platforms, Inc. – Class A Common Stock to see if its latest 25,79% move continues. If not, the mean-reversion people out there will be delighted with this exceptionally large 12 days move.
Either a rebound or a breakout imminent on Tesla Inc.
Tesla Inc. is heading towards a line of 186.7600. If this movement continues, the price of Tesla Inc. could test 186.7600 within the next 7 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 up rebounding.
Huge bullish move on Amazon.Com Inc.
Amazon.Com Inc. has moved higher by 15,89% from 86.77 to 100.56 in the last 3 days.
Huge bullish move on ALPHABET INC CLASS C
ALPHABET INC CLASS C has moved higher by 7,83% from 87.43 to 94.275 in the last 2 days.
US SPX 500 Index approaching support of a Canal descendente
US SPX 500 Index is approaching the support line of a Canal descendente. It has touched this line numerous times in the last 15 days. If it tests this line again, it should do so in the next 3 days.
US Tech 100 Index – getting close to psychological price line
US Tech 100 Index is moving towards a support line. Because we have seen it retrace from this level in the past, 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 […]
US Tech 100 Index approaching resistance of a Canal ascendente
US Tech 100 Index is approaching the resistance line of a Canal ascendente. It has touched this line numerous times in the last 4 days. If it tests this line again, it should do so in the next 10 hours.