20 Jan 2018 @ 21:34
FTSE 100 shares (
FTSE:UKX) have been moving northwards strongly in the past two months. There is a Bullish Confirmation Pattern in the daily chart, and so, the pullback we are currently experiencing would be a temporary thing. 4 EMAs are used for this analysis and they are EMAs 10, 20, 50 and 200. The color […]
13 Jan 2018 @ 00:22
Google stock (
NASDAQ:GOOG) is a bullish market. Price consolidated in April to September 2017, and the assumed a bullish journey. The ADX period 14 is almost at the level 40, signifying a strong momentum. The DM+ is above the DM-, meaning that bulls reign. The MACD, default parameters, has its signal lines and histogram above […]
06 Jan 2018 @ 02:09
Facebook shares (
NASDAQ:FB) have been able to maintain their bullishness so far, in spite of occasional bearish corrections, which are temporary in some cases. The overall bias is bullish, and recently, the New Year has started on a bullish note, which promises further bullish movement in the year 2018. The RSI period 14 is above […]
02 Jan 2018 @ 10:34
GOLD (XAUUSD) Dominant Bias: Bullish Gold dropped massively in the first half of last month, reaching a low of 1236.21 on December 12, 2017. At that juncture, further bearish movement was rejected, as price went upwards by 7000 pips, ending the month on a strong bullish note. There is a Bullish Confirmation Pattern in the […]
01 Jan 2018 @ 13:32
The USD/JPY went sideways during last Monday and Tuesday, and then began to drop on Wednesday, until the market closed on Friday. There is a Bearish Confirmation Pattern in the 4-hour chart (though the outlook on the market is neutral), which would become strong as price moves further southwards this week. EUR/USD: The EUR/USD rose […]
26 Dec 2017 @ 20:52
Microsaic shares (
LSE:MSYS) could now be rated a “buy” as a result of the recent great bullish breakout, which should continue for several months. The market consolidated to the downside between July and October 2017, and then went flat from October until December, when it had a major breakout, going northwards wildly. Price has […]
26 Dec 2017 @ 20:34
Legendary Investments stock (
LSE:LEG) seems to have come out of rough waters (choppy, unpredictable market conditions), as it assumes a bullish bias. The ADX period 14 is rising above the level 20, meaning that the momentum may be rising. The DM+ is above the DM-, showing the bullish strength. The MACD default parameters, has its […]
14 Dec 2017 @ 22:06
Petrel Resources stock (
LSE:PET) has started to recover its recent losses as it spikes legitimately upwards this week. The upwards spike is better referred to as a bullish breakout and it would be sustained as the market fully recovers. Price went below the lower Trendline before shooting upwards above the upper Trendline. Price is currently […]
14 Dec 2017 @ 21:38
IQE shares (
LSE:IQE) are in what can be called a correction in the context of an uptrend. The correction would allow traders to go long at a better price, for price would go upwards again to overcome the resistance level at 180.00. 4 EMAs are used for this analysis and they’re EMAs 10, 20, 50 […]
07 Dec 2017 @ 21:00
Advanced Onco stock (
LSE:AVO) has surprised investors. Price was bullish from July to October 2017, and then started going downwards. Price has now shot upwards this month, and would keep going upwards in spite of a possible retracement along the way. The ADX period 14 is at the level 30, showing that the momentum in […]