Sentences with phrase «kenedy swung a low»

For this setup to remain constructive, the price action should hold above the 40 - week MA and the higher «swing low.»

After the higher swing low was established in the first half of December, the next step was to look for a tight then look for a tighter, shorter - term price range to develop just below resistance of the highs of the base.

Finally, as for the exit point, our target on this type of momentum trade is simply a retest of the prior swing high (or prior swing low if selling short).

If $ YELP can rally above its three - day high on increasing volume, we would then look for the price action to consolidate for another week or two, while simultaneously forming higher «swing lows» within the base.

Even with the most recent correction, crypto assets have rebounded more than $ 170 billion from their most recent swing low.

Approximately 90 % or more of our ETF and stock breakout entries will have some sort of a «higher swing low» in place prior to our buy entry, and this setup was no different:

The next major support level is the 50 - day moving average ($ 112 area), while the second zone of support is the prior swing lows (just below $ 110):

A pullback buy entry into $ XBI could be made near current levels, with a stop below the 40 - week moving average (or prior swing low for a looser stop).

Rather, our most ideal short selling candidates are stocks and ETFs that have recently set new «swing lows» (or are testing prior lows), and have subsequently bounced into resistance over a period of three to ten days.

Furthermore, the odds of $ DZZ going to a new high are much lower than the odds of it simply going back to retest its prior highs because now there is resistance of a major swing high (support of a key swing low in $ GLD).

Above all, our protective stop was already in place at the time of buy entry (just below the prior «swing low»), and we were relaxed because of our zen - like «set it and forget it» approach to placing stops.

Once a clear base of support has formed, we then look for the formation of a «higher swing low» to develop within the base, which lets us know that bullish momentum is on our side.

In this post and in the May 2 issue of The Wagner Daily, we said, «If the S&P loses support of its two - day low (1,394 at that time) and doesn't recover quickly, we anticipate a retest of the 1,357 swing low in the near - term.»

Operating with the idea that the 200 - day moving average of $ QQQ will not provide significant support, we now expect $ QQQ to fall to test its prior swing low (around the $ 63 to $ 64 area) over the next two weeks.

On April 15, the NASDAQ brothers dipped below pivotal support of their February 5 «swing lows» on an intraday basis, then recovered to close near their highs of the day.

Furthermore, this range represents a Fibonacci retracement of 38.2 % to 50 % (from the swing low of February 26 to yesterday's (March 5) intraday high.

Looking at the 2 - hour chart of ETH / USD, the pair made a nice advance from the $ 675.00 swing low.

Will the S&P 500 and Nasdaq recover by rallying above their prior swing highs on heavy volume, or will the indexes stall out after a light volume bounce and roll over to new swing lows?

The coin is currently testing the upper boundary of the pattern, and another leg higher in the trend is likely after establishing a swing low near the $ 0.20 level.

The blue horizontal line marks horizontal price support of the recent «swing lows» set earlier this month:

We might be able to establish a small position before the obvious breakout level if the price action forms a higher swing low.

If this bullish chart pattern is to continue tightening up and forming higher swing lows, then the price action should continue holding above the 20 - day EMA.

If $ SMH can set a higher swing low and close above Monday's high on a pick up in volume, then it may attract enough buying interest to break the short - term downtrend line and test the highs of the base:

But traders who have been paying attention to the bigger picture of what's happening avoided jumping back into the market so quickly, and yesterday's breakdown to new «swing lows» shows they were correct in doing so.

On the chart below, notice how the distance from each swing high to swing low has tightening up (compared to the volatility of June and July):

There was a strong upside move noted in Ripple price from the $ 0.7000 swing low against the US Dollar.

With the exception of the S&P MidCap 400 Index, all the major indices have fallen below support of their prior lows from April, resulting in the formation of new «swing lows.»

We prefer lower risk entry points, so we look to build a position much earlier in the base using a combination of downtrend line breakouts, higher swing lows, and the 50ma.

If the Russell drops below the 20 - day EMA, it will likely retest its most recent swing low at 783.

If the move below the 20 - EMA was just a minor shakeout, then the price action should reclaim the 20 - period EMA within a few hours to a few days, or at the very least set a higher swing low below the 20 - EMA.

Short - term resistance is still ahead near $ 8400 with a stronger zone found between $ 9000 and $ 9200, while primary support below the recent swing low is between $ 6750 and $ 7000.

But since the recovery off the April 18 «swing lows» in the broad market, the Nasdaq has climbed 3.3 %, while the Dow has gained only 0.9 % during the same period.

We wouldn't be surprised to see another test of the April 10th and April 23rd swing lows before the market attempts to head higher again.

Price is dropping strongly towards major support at 1.2966 (multiple Fibonacci extensions, horizontal swing low support, Elliott wave theory) and we expect a bounce above this level to at least 1.3164 resistance (Fibonacci retracement, horizontal pullb...

Now, AAPL is also in danger of losing horizontal price support of its prior «swing low» from July of 2012.

However, the most important support is around $ 1.60, followed by the last swing low at $ 1.54.

Entry level is 0.000920 with stop orders below the local swing low at 0.000760 level.

Entry level is at 12150.00 with stop orders below the local swing low at 8850.00 level.

Subscribers still holding the winning option contract can maximize profits by trailing a stop below the recent «swing low» support.

A clear breakdown below the last major swing lows in the main stock market indexes would make for a very tough year for the equities markets, but it would not be very surprising.

However, as discussed with Litecoin, it has rallied noticeable ways above the prior swing low at $ 770.00 from mid-January.

Moreover, the 61.8 % Fib retracement level of the last leg from the $ 0.2810 swing low to $ 0.3880 swing high also acted as a support.

The price has breached the last swing low of $ 281, which is a... Continue reading Ethereum Price Technical Analysis — ETH / USD Completed Correction

Also, notice the convergence of the short horizontal across the bottom of the recent swing low with the uptrend line.

In the near - term, $ SPY (S&P 500) is in better technical shape than $ QQQ (NASDAQ 100), as it isn't still well above support of its prior swing low from February.

Another sign of strength for this crypto is the rally back above the prior swing lows at $ 144.00 and $ 135.00 from earlier in the current decline.

Since $ FXI is no longer above the 50 - day or setting higher swing lows, we have removed it from our watchlist.

If the S&P 500 loses support of its April 10th swing low of 1,357, the broad market could easily see a more pronounced pullback from its highs.

Although the market is not falling apart, the more «distribution days» (sessions of higher volume selling) that accumulate, the more likely it becomes that we will at least test the recent swing low support levels.

LTC is trading just above the $ 150 support level, which also mark the Thursday swing low, and the positive momentum divergence continues to be present.