Sentences with phrase «long trading band»
The long trading band at the 77.5 level was established in April 2016 and tested many times as a resistance level.
https://www.cnbc.com/ Not exact matches
If a stock is trading along the lower band, traders may be inclined to open a long position if the stock then starts appreciating in value.
The fall below the trading band between 3,260 and 3,290 confirms that's no longer acting as a stable support level.
Silver remains stuck in a long - term sideways trading band.
The lower edge of the long term GMMA is above the level of the upper edge of the trading consolidation band near 3,140 and this is bullish.
Instead, the Australian dollar is confined by a long term sideways trading band starting in 2016 April.
The U.S. dollar index is testing a critical support level of a long - running trading band that is likely to hold for now.
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I find that for long trades, rejection from the lower Keltner band is not as reliable.