Sentences with phrase «bullish chart»

Until then, we shall stick to trading the other cryptocurrencies that have a bullish chart pattern.

The right thing to do is to wait for a clear trade signal and at least one confirmation at another timeframe... Wait for the bullish chart signals.

Bullish chart patterns on biotech - related assets suggest that the bulls are in control of the momentum.

For bullish chart patterns, we are always looking for the price action to tighten up within a base of consolidation, and we are now seeing that with the price action finding support at the 50 - MA in late December, and potentially finding support at the 20 - day EMA this week.

Although all signs point to prevailing small and mid-cap strength throughout 2017, please keep in mind that bullish chart patterns have a very low chance of success in bearish markets.

This is the most bullish chart pattern in the 24 - year history of SPY.

The current pullback in the stock market is a buying opportunity for the top stocks with relative strength and bullish chart patterns.

Although not many of the trade setups we detail in our stock picking report are from the IPO scan, we always look forward to trading those stocks that eventually appear in the IPO scan because we have learned over the years that a combination of an IPO with a bullish chart pattern leads to nice breakouts with a high level of reliability.

After rallying 30 % off its 2012 low, $ RSX subsequently pulled back and successfully tested new support (prior resistance) of its multi-year downtrend line, and now is forming the right side of this bullish chart pattern.

Within the realm of ETFs, a majority of the most bullish chart patterns are presently found in international ETFs.

Going into this week, we have one new technical ETF swing trade setup on our watch list, which is another international ETF was a bullish chart pattern.

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.

Potential stock picks and bullish chart patterns discussed in today's video include: $ IMH, $ DK, $ PHM.

However, just because a stock has a bullish chart pattern does not mean you should automatically consider buying it.

Now, $ KORS is working on forming a bullish chart pattern known as a «cup and handle,» which looks like this:

Although all the stocks discussed in this video have bullish chart patterns that could push higher in the near - term if the broad market remains healthy, these are NOT specific swing trade buy recommendations.

As stocks attempt to form a significant bottom since bouncing off their November 16 lows, many traders of stocks and ETFs may now be wondering how to find the best, most bullish chart patterns and stocks to buy now.

Combo Setup — The stock must have a combination of great earnings growth and strong technical price action (some type of bullish chart pattern).

While money has flowed out of BRIC ETFs (Brazil, Russia, India, China), Southeast Asia continues to be a hot spot with bullish chart patterns in Indonesia ($ EIDO), Thailand ($ THD), and Singapore ($ EWS).

They simply see a bullish chart pattern and assume the stock must be a great buy.

Not exact matches

The combination of breakout and rebound features on the Nikkei chart are bullish and suggest a steady upwards move towards the long term pattern target near 20,347.

The strategist also sees bullish signs in the charts for gold, which is generally considered a safe haven trade once stocks start to fall.

Like Workday, the pullback happened on low volume, and Lang noticed the MACD indicator approaching the same kind of bullish crossover it made in Salesforce's chart.

Investors are turning more bullish on China — as seen in the chart of the Shanghai composite index.

However, there is a crucial bullish trendline with support at $ 630.00 on the 6 - hour chart of ETH / USD to prevent losses.

There is a key support at $ 665.00 and a bullish trendline on the same chart.

The weekly chart of $ SPY is more bullish, as a clear «higher low» is in place (which forms the lower channel trendline).

When we first alerted you to these bullish patterns in our April 10 blog post, most of the chart patterns were not yet actionable.

To sum up, there are many bullish signs on the daily chart, suggesting more upsides in Ether during the coming days.

Moving down to the 30 - minute chart, there are many bullish signs above $ 700.00.

With all of the majors holding up above key support levels, the overall bullish picture is still dominant, and the rally will likely continue in the coming weeks, with the long - term charts still supporting further gains in most cases.

The goal in selecting the best stocks to buy (in a bullish market) is to achieve the perfect balance between volatility, liquidity, and reliable chart patterns.

On the daily chart below, notice that the 20 day moving averages recently crossed above the 50 day moving average, which is a bullish signal, although the 200 - day moving average (orange line above the current price) has not yet started sloping higher.

It's amazing how quickly a chart pattern can change from extremely bullish to extremely bearish.

A brief review of the current chart pattern would indicate a continuation of the bullish trend.

On the longer - term weekly chart below, notice that $ XOP has also just broken out above key horizontal price resistance of its prior high from September of 2012, which should further spark bullish momentum from here:

Technical analysts typically use chart time frames ranging from six months to three years, and most have turned decidedly more bullish.

The increasing bullish momentum in the financial ETF we mentioned last Friday can be easily seen on the percentage change chart below, which compares the performance of S&P Select Financial SPDR ($ XLF) against the S&P 500 SPDR ($ SPY), a popular ETF proxy that tracks the performance of the broad - based S&P 500 Index:

Earlier this week, in our ETF and stock swing trading newsletter, we posted a chart of CurrencyShares Euro Trust ($ FXE) that showed a bullish consolidation above long - term support of the 200 - day moving average.

In this April 2 blog post, we explained in detail how to trade a bullish technical chart pattern known as the «cup and handle.»

However, based on the available data, the chart pattern is extremely bullish.

There is also a key bullish trend line forming with support at $ 0.7900 on the hourly chart of the XRP / USD pair.

On the weekly chart of $ JO below, note the volume spikes that accompanied the bullish reversal back above the 40 - week moving average:

If sellers become exhausted in the coming weeks, the price should make new highs for the year... The long - term Bitcoin chart is extremely bullish, with solid support for the current bull market in the form of extreme volume.»

In today's stock trading strategy video, we show you the exact technical signals that alerted us to buy $ LOCK on a pullback, just a few days after the stock broke out from a bullish cup and handle chart pattern.

However, although such price action is bullish, the daily chart pattern presently does not yet provide us with a clearly defined buy entry point and level for setting a stop price.

Looking at the chart, the price remains in a decent bullish trend above $ 0.7500.

There is a key connecting bullish trend line forming with support at $ 0.8650 on the hourly chart of the XRP / USD pair (data source from Kraken).

That price action caused a bullish reversal candlestick to form on the weekly chart (highlighted in yellow), and volume ticked higher as well.

Both WTI crude and gold are below their recent highs, but the charts look bullish, with especially the long - term picture for the precious metal looking promising.