Sentences with phrase «line of the pullback»

Not exact matches

«Here's the bottom line: the cloud companies have some of the best growth rates around, and their charts, as interpreted by Bob Lang, suggest that stocks like Salesforce, Workday and Red Hat could be ready to roar once again after a nice pullback just last month,» Cramer said.
Pullbacks to the value of this trend line near 22,200 are entry opportunities.
We set a buy stop above resistance of the short - term downtrend line that formed during the pullback, enabling us to buy $ MZOR at $ 45.11 on the second buy entry.
Even the strongest of uptrends do not move in a straight line forever, and pullbacks along the way are both normal and healthy.
The «cup» was formed after the low of the pullback that tested the downtrend line on the weekly chart above, and the «handle» has been forming the right side of the chart pattern just below the prior highs from September of 2012:
As annotated in the chart above, we would ideally like to see a quick pullback to near new support of its 200 - day MA (the orange line), presently just above the $ 160 level.
Since peaking in late January, the ETF has been in pullback mode, and is now holding above its 50 - day moving average (teal line), but stuck just below resistance of its 20 - day exponential moving average (beige line).
It broke out above the downtrend line in mid-February and has since pulled back, in a relatively controlled low volatility manner, to test the line as support during the most recent pullback, low of $ 137.12.
Gold is working its way higher with a nice pullback to what should be support along the median line of this modified - Schiff pitchfork.
Depending on how long such a pullback would take to play out, the rising 40 - week moving average (orange line) may also end up converging with support of the weekly uptrend line.
The RSI in the oversold zone also supports the possibility of a pullback, however, the BCH / USD pair will face selling at the 20 - day EMA, which is right at the resistance line of the descending channel.
If it doesn't fit the character as Fitzgerald plainly intends, the characterization is at least in line with the movie's simpler pleasures, which amount to taking in the polish of well - designed sets (Daisy's introduction in a room drenched in flowing white curtains is particularly memorable) and the sheen of the computer - generated ones (The sight of the city's skyscrapers being constructed in a sweeping pullback shot is a doozy, while Gatsby's race through city streets in his custom roadster shows the movie's occasional technological limits).
There is a pullback and a bounce off of the 12 EMA (violet line).
The pullback can carry the BCH / USD pair to the downtrend line, where we anticipate another round of selling.
The moving averages are also near the descending trend line, adding extra layers of resistance in the event of another pullback.
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