Sentences with phrase «bullish momentum as»

A week later on July 3rd bitcoin is showing some bullish momentum as it tried to break the $ 2600 zone.

There is a growing bullish momentum as the gap between the 100 SMA and 200 SMA narrows.

Not exact matches

«So as long as these stocks all screen favorably in our momentum work, and for the most part they do — they still have bullish trends, they've been leadership — we think they're still worth a position in your portfolio.»

Although the bullish bias of the past two months has presented some great opportunities for momentum swing traders, no bull market moves straight up without eventually undergoing substantial corrections along the way (just as bear markets don't fall straight down for too long without large, counter-trend bounces).

By the first or second week of November, we should have a pretty good idea as to whether or not persistent bullish momentum will at least carry itself through the end of the year.

As you can see, $ USO has failed to hold above its 10 - day MA over the past week, which is a sign that bullish momentum from the recent breakout is fading.

Although this has been leading to moderately bullish price action in select blue - chip stocks such as $ IBM, more explosive, high - momentum moves have been coming from various commodity - based ETFs (which have a low correlation to the direction of the overall stock market).

After being in downtrend from April 2011 until September 2012, KOL is now setting up as a short - term, momentum - based bullish trend reversal play.

Sell - side analysts have grown increasingly bullish on Apple AAPL, +0.18 % as momentum surrounding Apple Watch builds and the company sells more iPhone 6 Plus models than expected.

Overall, we remain well - positioned to profit from continued bullish momentum in the market, while still maintaining our firm, protective stop prices (as always) in case things don't go as planned.

Should the Aussie and the Canadian Dollar pick up some bullish momentum, we could be in for a more durable rally in equities too, as they have been leading risk assets in recent weeks.

When you learn how to interpret subsequent price action that follows the touch of a 20 - EMA, this stellar indicator can be used by swing traders as the proverbial «line in the sand» for knowing whether or not a trend is maintaining very bullish momentum.

I'm not involved in corn, but I do believe prices are headed higher as we have major support around the 3.73 level, but for the bullish momentum to continue, we have to break the 3.95 area.

Meanwhile, the most traded currency pair is still trading in a broad consolidation pattern after failing near the upper boundary of the formation again, and as the tension in the market grows, a large momentum move could be around the corner, with the long - term trend still being bullish.

«Tax Day» in the U.S. is today, April 17, and a number of analysts are bullish on Bitcoin as the much - anticipated tax deadline should trigger the next upward momentum.

I think once the commodities stabilize and we have more clearance on this possible situation with China prices will resume their bullish momentum, but at this time I'm advising clients to sit on the sidelines & look at other markets that are beginning to trend as many commodity sectors remain choppy due to uncertainty.

The cryptocurrency segment is in a short - term correction after a great week that saw several key resistance levels fall, as the major coins kept up the bullish momentum and hit new rally highs after a shallow correction.

The major cryptocurrencies continue to act bullish after last week's strong momentum move higher, as the largest coins are all trading in shallows corrections or are...

The overall bearish picture is unchanged, as although some of the largest coins broke their steepest trendlines, for a trend change, stable bullish momentum and an established leadership would be necessary.

After having had to deal with such a difficult period, Michael Kors now seems to have regained its momentum, and bullish investors hope that the holiday season will go as well as the luxury retailer believes it will.

Since gold is often viewed as a «flight to safety» play when stocks are weak, it's likely that bullish momentum in $ GLD will continue in the near to intermediate - term.

This futures contract has reached our upside target but as bullish momentum is very steady allow for an extension to 99.725.

There is a growing bullish momentum close to $ 610; however, the retracement level will offer stiff resistance as Bitcoin Cash price corrects higher.

Technically, Bitcoin Cash price is forming a bullish momentum near $ 759 while the 50 Simple Moving Average trend indicator is working as an immediate support line at $ 742.

Price action and market momentum are slowing, as bitcoin price typically does prior to a strong directional move... The one - day and three - day charts remain in bullish mode.»

Bullish momentum dominated the Asian session and it looks as though this domination is set to continue throughout the early European session this morning.

The cryptocurrency market is showing a lot of bullish signs as all major cryptos such as bitcoin, Ethereum, ripple, bitcoin cash and litecoin gained upside momentum during the past few hours.

As talk of bitcoin futures hit the wires, the cryptocurrency soon broke the $ 150 mark over the weekend as the bullish momentum propelled it to the $ 200 handle on MondaAs talk of bitcoin futures hit the wires, the cryptocurrency soon broke the $ 150 mark over the weekend as the bullish momentum propelled it to the $ 200 handle on Mondaas the bullish momentum propelled it to the $ 200 handle on Monday.

While the move may be interpreted as a bullish signal, the coin needs a daily close above this level to prove that the upside momentum is sustainable.

Bitcoin mostly traded in a range during the past two sessions, but a few altcoins such as bitcoin cash, E-coin, Ethereum classic, bitcoin gold and Qtum gained heavy bullish momentum and traded higher.

The short - term moving average also held as dynamic support on the latest pullback, and its gap with the 200 SMA is widening to reflect stronger bullish momentum.