Sentences with phrase «form bullish»

The ideal situation for those who are bullish is for the price to consolidate between $ 19,700 and $ 13,500 and form a bullish pattern like a flat base, channel, cup with handle or triangle pattern.

Then, I select the ones that form bullish patterns.

Market has broken the trendline going up and also retested support, form a bullish engulfing at the support lever.

Additionally, it could be trying to form a bullish reversal pattern as it coils in the low to mid 60s.

Reason: That price action would form a bullish double - bottom reversal pattern on the daily bar chart.

Alternatively, if the previous candles are bearish then the doji will probably form a bullish reversal.

If it does not trigger, or at least form a bullish reversal bar, in today's session, we will probably remove it from our ETF newsletter watchlist on Monday.

Now, it has pulled back to near - term support of its 20 - day EMA, but probably needs another day or two to either «undercut» support of the 20 - day EMA, or at least form a bullish reversal candle, before we would look for an actual re-entry point into this ETF.

Furthemore, stocks that have been forming bullish consolidation (basing) patterns in recent weeks are also beginning to break down.

The iShares MSCI Thailand Index ($ THD) has formed a bullish basing pattern during the past five weeks, and has found support around the 10 - week moving average, which is a bullish sign.

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

US Natural Gas Fund ($ UNG), also showing an unrealized gain going into today, formed a bullish «hammer» candlestick after finding support at its 20 - day EMA last Friday.

Specifically, each of these stocks are forming bullish basing patterns near their recent highs (these are not stocks that have already broken out and are too extended to buy).

Yes, we have seen a few market leaders break down, such as 3d Systems Corp ($ DDD) or Ocwen Financial Group ($ OCN), but the majority of leading individual stocks are still holding above their 50 - day moving averages and trending higher (or forming bullish basing patterns).

The very next day, the S&P 500 «undercut» that area of support on an intraday basis, but formed a bullish reversal candle to close above it.

Specifically, each of these stocks are forming bullish basing patterns near their recent highs (these are not stocks that have already broken -LSB-...]

Price action shows accelerated momentum, with the 50 - day moving average forming a bullish crossover with the 200 - day MA.

On the daily chart, we find that the stock has formed a bullish inverse head and shoulders pattern.

The price formed a bullish divergence with MACD and RSI.

The one exception was the financial sector, which was showing relative strength and forming a bullish pennant pattern near its highs.

The best buy pivots tend to occur when an ETF or stock forms a bullish reversal candles (such as a «hammer») that sharply undercut a key support level on an intraday basis, but subsequently recovers to close near the high of the day.

On Friday, DJ Telecom ETF (IYT) undercut its 20 - day EMA and formed a bullish reversal candle.

Our opportunity came when $ LMAT formed a bullish hammer candlestick by undercutting the low of its range, then rallying to close near its intraday high on August 19.

The S&P 500 surged higher last week after price formed a bullish pin bar buy signal the previous Friday which was discussed in last week's commentary.

The two candles that formed the bullish harami signal look fine, however, this pattern did not come after a very good downward trend in price.

This one could be debatable depending on your broker, but the day before, the pin bar appears to have formed a bullish engulfing pattern.

If the Candlestick Recognition Master custom indicator forms a bullish candlestick price action pattern below price bars, then it is time to exit or take profit.

Imagine that the market just formed a bullish two - bar reversal at a support area.

July Sugar is forming a bullish complex reaction swing, with a peg - leg pattern, on the 60 - minute chart.

At the same time RSI is forming a bullish divergence, that might be the first sign of a trend reversal, or at the very least a correctional move up.

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.

BTC / USD formed a bullish engulfing candlestick chart pattern, with the Tenkan line crossing above the Kijun line on Ichimoku Kinko Hyo's standard setup.

NEO / USD is forming a bullish trend near $ 68.00 level.

Therefore, we prefer to trade other cryptocurrencies, which are forming a bullish setup.

All major digital currencies like bitcoin, ethereum, ripple, bitcoin cash, litecoin and Neo formed a bullish recovery pattern and started an upside correction.

Not exact matches

EEV may now provide a buying opportunity if it continues to consolidate near the two - day high and forms a pivot, such as a bullish pennant.

We expect bullish momentum to carry gold ETFs substantially higher, both in the short term and intermediate - term, but we plan to sell DGP into strength before the first correction occurs, then look to re-enter after it forms a bull flag or a base of price consolidation.

The stock is currently forming a tight bullish base near its all - time high, which means there is no overhead resistance to contend with.

If you missed the most recent leg of the rally and have been waiting for a substantial pullback to start buying stocks, consider waiting for a bullish reversal pattern to form as the major indices test support.

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

Many have been pulling back from their recent highs, which is bullish because it enables solid bases of consolidation to form.

Once a clear base of support has formed, we then look for the formation of a «higher swing low» to develop within the base, which lets us know that bullish momentum is on our side.

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.

$ INVN and $ IRBT are also holding up pretty well, while $ FB appears to have formed a significant bottom by following through on last week's bullish reversal candle.

There is also a key bullish trendline forming with support at $ 720.00 along with a horizontal support at $ 725.00.

Furthermore, the «hammer» candlestick pattern that formed when on October 22 was slightly encouraging because a bullish reversal bar that coincides with an «undercut» of an obvious support level often precedes a rally.

Conversely, an inverse head and shoulders is bullish when it forms around the near - term lows of a protracted downtrend, and will frequently lead to new «swing highs.»

A deeper retracement down to the 20 - day EMAs would be a less bullish scenario that could indicate the market may need more time (at least two to five weeks) to form a healthy base of price consolidation.

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.

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.