USDJPY bearish resistance Right now, USDJPY has tested resistanceline and the price was rejected. We might see the price fall downto supportline around 105-106. Before taking any trades on this pair, I will wait for the MA200 line to be crossed. When this happens the Wil%R might go below 50 line and MACD will be bearish aswell. Remenber stoploss around 112.
Nifty Metal bearish formation Nifty Metal is about to form a shoulder head shoulder formation (HSH formation). Normally a HSH formation is bearish and we can expect a fall of about 20%. For the HSH formation to be valid, we need the price to finish below 3425 and I would like to see the prise testing the same level again before I go short.
Nasdaq100 MA200 Crossover 2018-05-23 Moving Averages, also named MA is an important Technical analysis indicator. The Moving Averages of the last 200 days can indicate how the trend is formed on a certain stock, index etc. It is general knowledge that MA200 (Moving Average over the last 200 days) on a daily timeframe, will indicate if assets is in uptrend or downtrend.
TAN Guggenheim Solar bullish TAN Guggenheim Solar is forming a triangle bullish formation and testing resistance line. The question is, if the breakout will come now or next time it hits resistance line. I will follow the $TAN for the next days and will be ready to buy.
Merck bullish divergence Just found this candidate for a nice profit. Merck has just tested the supportline and ready to raise. Stoploss around 74.00 Good luck Merck bullish divergence Check also this trading idea
Nasdaq100 Dividends 2018 may 23 Nasdaq100 Dividends 2018 may 23
SWK Black&Decker bullish A few says ago I found this potential shoulder head shoulder formation (reversed). But I did not manage to trade it because I forgot all about it :-( Let's see if the target price will be a hit. SWK Black&Decker bullish
NZDCAD bullish support On the daily timeframe the currency strength shows that NZD are very strong and CAD is very weak. If you combine these two currencies then you have a strong pair in NZDCAD, If you check the chart, you will see that NZDCAD has been in uptrend for the last 4 years. Even back to 2009, but you can not see that on this chart.
Moberg Pharma double in price Will Moberg Pharma double in price within the next year ? Moberg Pharma is a Swedish Pharma company with headquarter just outside Stockholm, Sweeden. Fundamental the company is doing very well, provenue been raising every year with aprox 35% from 2013 till 2017.
Teva pharmaceuticals bullish breakout Teva pharmaceuticals has since october 2015 been in a downtrend. The price has gone down from 72 when it was on the highest level downto 11. Now the price is 21.23 and on the W1 chart, the MA50 line has been crossed this week which can indicate the downtrend has stopped. We are now waiting for the resistance line at 22.90 will be crossed and tested.
Urban Outfitters profit UPDATE, UPDATE.... About 1 week ago on May 9th, we posted a Buy recomendation for Urban Outfitters inc. Yesterday on friday May 18th, the price has raised almost 8% and we have closed our positions and are now waiting for a new setup.
Cisco reaching supportline Cisco reaching supportline within the next days. If the supportline will be testet and the supportline holds, then we can expect Cisco to raise in price again and provide a nice profit. Cisco reaching supportline
Nifty50 update 2018 may 18 Nifty50 has just crossed 3 important indicators. Moving Averages 20 has been crossed, MACD line has been crossed and RSI 50 line has been crossed. The indicators shows, that we might go into a periode with bearish recommendations. We advise to look for a short entry and avoid any long entries as long as these 3 indicators are valid.
XAUUSD Gold bullish recomendation Right now we see a bullish divergense in RSI and MACD. The RSI and MACH is raising while the price on the chart is falling, which indicate a bullish divergence. 1. target will be around 1302-1304 and 2. target will be around 1316 and then 1322. SL around 1275. Please also remember when Gold price is raising, the stocks are falling.
EURUSD multi buttom breakout bullish The Euro / Dollar pair has formed a multiple buttom formation and are breaking out of this formation now. It is a good idea to go short and set a tight stoploss right over the green line. EURUSD multi buttom breakout bullish
Treasury Wine Estate Supportline Treasury Wine Estate Supportline is being tested these days. A place to go long will be at the green area and if that fails, then start a long position at the purpel area. Treasury Wine Estate Supportline