08 Jun 2017 @ 17:39
BMR stock (
LSE:BMR) is a bearish, losing market and this is what could continue. The market was bullish until February 2017, when things started coming down. The current bearish movement has been in place for more than 3 months, and this just seems to be the beginning. The EMA 21 is sloping downwards as price […]
07 Jun 2017 @ 08:39
AUS200 Dominant bias: Bearish On this market, a bearish signal was generated last month, when the market lost over 23,000 points. This has resulted in a Bearish Confirmation Pattern, as this month was also opened on a strong bearish note. The market has lost more than 10,000 points this month, and this is just the […]
03 Jun 2017 @ 01:17
GOLD (XAUUSD) Dominant Bias: Bullish Gold began the current bullish movement on May 9, 2017 forming a bullish bias on the market. Price is currently above the support level at 1270.00, going towards the resistance level at 1280.00. Before May 9, 2017, there was a severe selling pressure in the market, but that May loss […]
01 Jun 2017 @ 00:56
The problem of trading in uncertain times crept up on the Mentor Program Alumni forum and I have been thinking about my answer. The original answer I gave is shown below – I think one of the things you need to be able to do is to define what uncertainty is. If you opt for […]
31 May 2017 @ 04:00
Petrofac shares (
LSE:PFC) have crashed seriously. Price consolidated in February and March this year, and then formed a bearish signal in April, and then collapsed massively in May. 4 EMAs are used for this analysis and they are EMAs 10, 20, 50 and 200. The color that stands for each EMA is shown at the […]
31 May 2017 @ 03:52
Fusionex stock (
LSE:FXI) has broken downwards, after several months of tight consolidation, which became a base. Some think price ought to break upwards from a base. Well, Fusionex broke downwards, forming a bearish signal. The market had been consolidating since last year; plus price has broken downwards recently, going below the lower Trendline. At the […]
25 May 2017 @ 15:53
Hurricane Energy shares (
LSE:HUR) have generated a new bearish signal. The bearish signal could become significant over time, resulting in a serious bearish trend. The price has been going upwards since July 2017, until recently. There is a now a movement below the EMA 21, while the Williams’ % Range period 20 is in […]
25 May 2017 @ 15:36
Xtract resources stock (
LSE:XTR) is a no-go area for those who invest logically. The price has just been going sideways for the past several month, and that has formed an extremely tight base. Although the ADX period 14 is above the level 80 (strong momentum), while the DM+ is above the DM- (bullish signal), the […]
19 May 2017 @ 23:43
Premier Oil shares (
LSE:PMO) may soon experience a severe pullback, based on what is happening in the market at the moment. 4 EMAs are used for this analysis and they are EMAs 10, 20, 50 and 200. The color that stands for each EMA is shown at the top left part of the chart. All […]
19 May 2017 @ 23:31
WPP PLC stock (
LSE:WPP) is a sideways market. Price has been moving sideways since April 2017, oscillating between the upper Trendline and lower Trendline. A breakout is imminent in the market, which may take price out of either of the Trendlines. A movement above the upper Trendline would signal a bearish bias while a movement […]