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In a previous post I explained how traders should watch out for selling or long positions being covered near crucial long-term resistance zones. You can see these resistance levels above highlighted by the 200-day moving average and the downward trending bear market resistance level. The bear market resistance is the same dynamic resistance level of the expanding triangle or wedge pattern. Will the market breakout to the upside into a bull market? O...
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$Bitcoin(BTC.CC)$ the stock market has been going down when do you think the market will go back up from your perspective.
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72781138
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A fake in basketball is when a player pretends to either shoot, move or pass and does a different action in order to separate themselves from their defender. Sometimes, we can also see the stock market making fake moves, like people doing them on the basketball field. A sudden up and down is somehow deceptive. Investors should see through the intention and roll with the punches.
@SOARMAN: This week in a nutshell… $SPDR S&P 500 ETF (SPY.US)$
@Adolphn: Markets will...
@SOARMAN: This week in a nutshell… $SPDR S&P 500 ETF (SPY.US)$
@Adolphn: Markets will...
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72781138
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It has been a while since my last analytical BABA post. But things are looking up for Chinese equities lately so now is a better time than ever for an Technical Alibaba update.
The long-term picture is starting to look much brighter for $Alibaba (BABA.US)$ and $BABA-W (09988.HK)$. BABA's price has climbed above a downward trending resistance that has kept pushing its price down for about two years. You can see this illustrated in the chart below. This is a bul...
The long-term picture is starting to look much brighter for $Alibaba (BABA.US)$ and $BABA-W (09988.HK)$. BABA's price has climbed above a downward trending resistance that has kept pushing its price down for about two years. You can see this illustrated in the chart below. This is a bul...
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