Technology

Premier African stock (LSE:PREM) is currently in a tight equilibrium phase. Price would soon go out of balance as momentum rises in the market; and this is something that may eventually favor bulls. 4 EMAs are used for the analysis and they are EMAs 10, 20, 50 and 200. The color that stands for each […]

AUS200 Dominant bias: Bullish This market is bullish as well as volatile. Price swung wildly upwards and downward in April, and it has started pulling back again this week (all in the context of a bullish bias). This month, the volatility would continue as price continues its wild upswings and downswing, while the general movement […]

GOLD (XAUUSD) Dominant Bias: Bullish Gold is bullish in the long-term and bearish in the short-term. Price went upwards from April 3 to 17, and then began to be corrected lower. The lower correction has not been significant enough to override the recent bullish bias on the market. However, several more days of bearish movement […]

Nokia stock (NYSE:NOK) is now a bull market. Price has currently gapped up, showing a serious bullishness in the market. Price is above the EMA 21, and the Williams’ % Range period 20 has gone into the overbought territory. While there could be weak and transitory pullbacks along the way, the overall market movement would […]

BP shares (NYSE:BP) are not attractive right now because the market has been quite choppy. It is better to stay aside until the market assumes a directional movement. 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 […]

Chevron stock (LSE:CVX) is a bear market; being in a downtrend. The uptrend that was seen in November and December 2017 ended at the beginning of this year. Price has gone south this year, having broken below the lower Trendline. The RSI period 14 is below the level 40, showing the bears have upper hands […]

Speculation would first seem to be one of the easiest things on earth because you might think of making money by hitting bid and ask buttons for trading instruments of your choice. Hitting bid and ask buttons can be learned by everybody, but it remains a mystery that doing this does not bring easy money. […]

Alibaba Group shares (NYSE:BABA) are in a bullish mode. The market has started trending upwards and it should continue doing so. The ADX period 14 is around the level 40, showing that there is a considerable momentum in the market. The DM+ is above the DM-, meaning that buyers have upper hands over sellers. The […]

Exxon Mobil stock (NYSE:XOM) is an equilibrium market at the present. This equilibrium phase is February, following the massive sell-off that was witnessed in January 2017. Price is currently located within the upper and lower Trendlines, and a rise in momentum is expected any week from now, which would push price outside the Trendlines. The […]

Amazon shares (NASDAQ:AMZN) are in a bullish mode. Price began a northwards movement – which has held out till now. The market is supposed to continue going north till the end of this year. 4 EMAs are used for the analysis, and they are EMAs 10, 20, 50 and 200. The color that stands for […]