Sentences with phrase «bullish move out»

The short end moved higher despite a nice bullish move out of stocks.

IOTA established a trading range between that zone and the $ 0.64 resistance, and we still expect a bullish move out of that in the coming weeks after breaking the prior declining trend.

Odds favor a bullish move out of the pattern with targets ahead at $ 10,000 and $ 10,500, while support is found near $ 8700, $ 8400 and between $ 7650 and $ 7800.

Not exact matches

In such cases the trader should wait for the price to move out of the range before applying a bullish price crossover strategy.

Just because a stock is popular and everyone seems to be choosing sides doesn't mean that investors should force themselves into a bullish or bearish thesis for fear of missing out on a big move.

The recent key break - out in the precious metal carried it to overbought territory, and although the long - term is clearly bullish now, a move to test the $ 1300 level is likely, especially if the Fed joins the hawkish central bank trend.

The next step before attempting to establish a low - risk buy entry in a stock that is basing out is to ensure the price action has begun to show signs that bullish momentum has moved back in our favor.

The 40 - week moving average (orange line) has flattened out over the past few months, which is a bullish sign, but the 10 - week moving average (teal line) has recently turned down.

Moving out to the weekly chart the picture is much more bullish.

On the daily chart below, we see that MSFT's price action since late April has essentially traced out a bullish flag formation, which found support near the 100 - day moving average (blue line) in early July.

Before we move on, I want to point out that the bullish engulfing pattern is most effective on the higher time frames.

Moving out to the weekly chart the bullish engulfing candle for the week suggests that new all - time highs may be coming soon.

Now that the sector has started to move higher, the potential for the gap to close has excited much of Wall Street, with more bullish calls coming out for both the sector and for oil.

Technically, BTC / USD has seen a move out of the bullish pennant pattern, which now paves way for a retest of the $ 9,000 region.