Sentences with phrase «channel of its downtrend»

Not exact matches

But now, the stock has broken out of this downtrend channel and has started moving up.

# 1 Breakout from Downtrend Channel: As you can see from the daily chart of PZZA below, the stock was within a short - term downtrend channel for the pDowntrend Channel: As you can see from the daily chart of PZZA below, the stock was within a short - term downtrend channel for the pdowntrend channel for the past year.

Our signal to list $ PLNT as a potential setup in our stock trading newsletter came on November 7, as the price rallied above the short - term downtrend line (upper channel of the handle).

But now, the stock has broken out of this downtrend channel and has started moving up.

EURUSD stays in a rising price channel EURUSD stays in a rising price channel on 4 - hour chart, and the price action in the channel is more likely consolidation of downtrend from 1.5144.

As long as the channel resistance holds, the price action from 1.0132 is treated as consolidation of downtrend and one more fall below 1.0132 is still poss...

Another rise to test the upper border of the rising price channel on 4 - hour chart is possible later today, as long as the channel resistance holds, downtrend is expected to resume and one more fall towards 1.0206 previous low could be seen.

Rise towards the upper border of the falling price channel is expected later today, and a clear break above the channel resistance will indicate that the downtrend from 1.0507 has completed, then another rise to 1.0800 could be seen.

Price has also just reached strong resistance in the 92.00 support / resistance region, and additionally, is approaching the approximate upper resistance border of the rough parallel downtrend channel.

Initial support is located at the bottom of the price channel and key support is now at 1.4257, a break below this level will indicate that the downtrend has resumed and another fall towards 1.4000 could be seen.