Sentences with phrase «levels on any pullbacks»
This chart is still looking very bullish and we will watch for price action buy signals at support levels on any pullbacks this week.
http://www.learntotradethemarket.com/ Not exact matches
Twenty - seven percent of all small - business owners said they plan to pull back on spending, versus 19 percent in the retail trade, the lowest level of pullback among the five sectors for which there are enough respondents to split out sector - level results.
A pullback to this level would be just above the recent breakout on the weekly chart, which should now act as new support.
During corrections and pullbacks, the main stock market indexes must hold onto this level in order for us to continue operating on the long side of the market with confidence.
An RSI near 70 suggests that momentum is clearly on ether's side, though short - term pullbacks could be in the equation as markets recede from overbought levels.
When scanning for pullbacks on weekly charts, the prior highs of a legitimate base typically provides strong support because a prior resistance level becomes the new support level after the resistance is broken.
Common Council members, Assembly members, Mayor Kathy Sheehan and the DEC Commissioner have addressed the concerns of residents in saying that they will continue to stand with the community in the face of what Commissioner Seggos has referred to as the «specter of possible pullback on a federal level.»
For instance, if your trading strategy dictates a buy, but price is right below a major resistance level, you might want to wait for a clear break - out of the resistance before entering on pullbacks.
Our views remain unchanged from recent weeks; we are looking to get long Gold on a price action signal after a pullback or a blind entry at 1306.00 key support level.
This fits nicely with our recent commentaries in which we were looking to buy on pullbacks to support levels.
Instead of entering right on the break, wait for price to make a «pullback» to the broken support or resistance level and enter after the price bounces.
I anticipated the emerging downtrend with razor - sharp precision, the pullback of it and riding the stops of trapped traders, then a small halt at lower SR level and based on previous strength, it's breakout, then very weak pullback and breakout continuation...
The SPY and QQQ held there recent support levels with steady move lower but only a minor pullback, while the IWM showed strength early and erased it later, also for a small loss on the week.
Bulls appear to have returned on a pullback to the $ 9350 area and could take price back up to the nearby resistance levels.
«We are starting to see a pullback in concessions, particularly in stronger markets where absorption levels are on the rise,» says A. Dwight Hotchkiss, executive managing director of client services in the Los Angeles office of Colliers International.