Sentences with phrase «bottom of the channel»

I expect to find resolution soon, and the two levels to watch here are $ 5.25 and the bottom of the channel, as we can see in the weekly chart below:

Since 2009 the 10 month simple moving average (in blue) has closely aligned itself with the bottom of the channel.

This creates an electrified field from the bottom of the channel to the top of the water column.

The last low, at 1.38 % yields, didn't quite test the bottom of the channel.

Sideways movement is more likely be seen later today and bottom of the channel would be tested by the end of the sideways movement.

Price will breakout above the channel in a parabolic move and then quickly turn down only to break out at the bottom of the channel and keep dropping.

That level corresponds with the bottom of the channel that the stock has traded in for several months and will be the first level of resistance.

GLD now resides near its 10 week moving average, a good intermediate trend indicator and remains well above its 40 week moving average, which has also hugged the bottom of the channel since early 2009.

I expect to find resolution soon, and the two levels to watch here are $ 5.25 and the bottom of the channel, as we can see in the weekly chart below:

A pullback to bottom of the channel could be due and the Fibonacci retracement levels indicate the next potential support zones.

The 200 SMA dynamic support is close to the bottom of the channel and the 50 % Fibonacci retracement level around $ 3800.