If price action breaks above current session highs in an uptrend OR breaks below current session
lows in a downtrend from that 2 pm EST zone, expect a strong continuation of the directional trend into the final hour and / or closing bell.
Not exact matches
A trend line uses three anchor points created by the peak highs
in a
downtrend, or the valley
lows in a uptrend.
Crude oil rallied 20 percent from its 52 - week
low this week, but is technically overbought and
in a
downtrend.
Sierra Oncology, Inc., a clinical stage drug development company focused on advancing next - generation DNA damage response therapeutics for the treatment of patients with cancer, went public near $ 29
in July 2015, then began a
downtrend that continued through a June 2017 all - time
low of $ 1.10.
After moving above resistance of a
downtrend line that was
in place for more than a year, $ KOL developed a tight base off the
lows that has been
in place for the past six months.
The stock bounced to $ 8.05
in 2010 and tested that resistance level
in 2013, bringing a reversal and
downtrend that posted the second higher
low of the 10 - year period
in January 2016.
Mannkind, which focuses on the development and commercialization of inhaled therapeutic products for patients with diseases such as diabetes and pulmonary arterial hypertension, entered a shallow but persistent
downtrend in 2004, posting a series of
lower highs into 2015.
Medical Transcription Billing Corp., a healthcare information technology company that provides a fully integrated suite of proprietary web - based solutions, together with related business services, to healthcare providers practicing
in ambulatory care settings, went public
in July 2014 at $ 5.00 and suffered an immediate
downtrend that continued to the April 2017 all - time
low at 29 cents.
The stock topped out at a split - adjusted $ 548
in 2000 before entering a
downtrend that continued into a 2012
low at $ 1.11.
If $ SMH can set a higher swing
low and close above Monday's high on a pick up
in volume, then it may attract enough buying interest to break the short - term
downtrend line and test the highs of the base:
Inside bars are common on the daily chart
in a very strong / runaway trend because the market will make a brief pause after its most recent move before shooting higher (uptrend) or
lower again (
downtrend).
We prefer
lower risk entry points, so we look to build a position much earlier
in the base using a combination of
downtrend line breakouts, higher swing
lows, and the 50ma.
Selling Pressure not only dropped [last week], but reaffirmed its long - term
downtrend by recording its
lowest reading since the start of the bull market
in 2009.
If the price change is moving higher with time, presume an uptrend,
in the case where it's moving
lower with time assume a
downtrend, if prices are going sideways or explicitly range bound the trend is said to be sideways.
Coffee prices are still trading under their 20 and 100 - day moving average as the trend is
lower and the
downtrend line remains intact as that will not be broken until the five week high is broken so keep a close eye on this market as we could be involved
in next week's trade.
Clams have been
in a heavy
downtrend during past month, but it has finally found the
lowest point.
The other major coins are also
lower today, but they are holding on to most of their recent gains although Ethereum, Monero, Litecoin, Ripple are still
in a
downtrend that has been dominating trading since June.
In a
downtrend, prices open
lower and then close higher.
While the recent growth is indeed a positive indicator - but the currency is still at a risk because even a slight
downtrend can set things into a reverse motion and the price can fall back to where it was before the uptrend began - resulting
in a $ 102 - $ 98 target on the
lower end.
Monero has been relatively weak today, getting close to its correction
lows, as it is
in a corrective short - term
downtrend.
Given the immediately negative reaction to earnings of Apple ($ AAPL), which was trading 6 %
lower in yesterday's after hours trading, leading stocks, ETFs, and the main stock market indexes could now be on the verge of finally moving out of the choppy, erratic range of the past several weeks, albeit entering into a new intermediate - term
downtrend.
For example, now that the broad market is
in a confirmed
downtrend (at least two «
lower highs» and «
lower lows» have been set), we are NOT interested
in going long (buying) counter-trend bounces into resistance of
downtrending stocks.
Microvision, Inc., a provider of ultra-miniature projection display and sensing technology, topped out at a split - adjusted $ 548
in 2000 before entering a
downtrend that continued into a 2012
low at $ 1.11.
The stock went public
in June 2016 at $ 8.99 and began a
downtrend that continued to post new
lows into May 2017 before it bottomed out at 71 cents.
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.
Therefore, if $ EEM can rally above the short - term
downtrend line annotated on the chart above, and subsequently put
in a «higher
low,» we might be able to grab a
low - risk buy entry point as early as next week.
A break below support
in the 1180 area would signal a resumption of the bigger
downtrend and project a move to new
lows.
The stock is
in a
downtrend, has just made a new
low and rallies back to a descending trendline.
The correction that started on Monday accelerated
in the last couple of days, and a bottom could already be
in after today's overnight rout, given the panicky market action, although a re-test or another leg
lower is still
in the cards, as the short - term
downtrends are intact
in the majors.
Homebuilder sentiment is near recovery highs, yet the relative strength of the SPDR S&P Homebuilders ETF (XHB, $ 37.49) has been
in a multi-year
downtrend and recently began to roll - over from a
lower - high, as shown
in the following chart.
A market
in a strong
downtrend should make
lower highs on pullbacks.
Inside bars are common on the daily chart
in a very strong / runaway trend because the market will make a brief pause after its most recent move before shooting higher (uptrend) or
lower again (
downtrend).
We are looking for higher highs and higher
lows in an uptrend and
lower highs and
lower lows in a
downtrend, also, I teach how to use the daily 8 and 21 EMAs to identify near - term market momentum.
Until there is either a higher
low followed by a higher high or a higher high followed by a higher
low, the
downtrend is still
in action and it is most likely that the
low has not been reached yet.
For example, if this same pin bar setup above occurred
in a range - bound market or
in the course of a
downtrend, you would not likely set a target of more than 1 to 2; therefore the trade would be a
lower probability setup.
In addition, hidden divergence compares lower lows in the indicator and the lower highs of price in a downtren
In addition, hidden divergence compares
lower lows in the indicator and the lower highs of price in a downtren
in the indicator and the
lower highs of price
in a downtren
in a
downtrend.
In a
downtrend,
lower lows will finally stop when price action prints a higher
low.
See on the daily bar chart for the March e-mini S&P futures that prices are
in a steep
downtrend and on Wednesday hit a contract and multi-month
low.
As for its stock, RSH has been stuck
in a severe
downtrend since 2010, dropping from highs near $ 24 to a
low just above $ 2.
2/5/16 Consolidation
in the Short Term
Downtrend 1/29/16 Short Term Reversal Higher 1/22/16 Bounce
in the
Downtrend 1/15/16 Continued
Downtrend 1/8/16 Continued
Downtrend 12/31/15 Short Term Downward Bias
in the Long Term Consolidation 12/24/15 Short Term Upward Bias
in the Intermediate Downward Move 12/18/15 Continued Move
Lower 12/11/15 Short Term Downward Bias
in Consolidation 12/4/15 Consolidation
in the Long Term Uptrend 11/27/15 Consolidation
in Short Term Uptrend 11/20/15 Continued Short Term Uptrend 11/13/15 More Downside Short Term 11/6/15 Continued Uptrend 10/30/15 Possible Pullback or Consolidation
in the Uptrend 10/23/15 Uptrend Continues 10/16/15 Continued Short Term Uptrend 10/9/15 Continued Upward Price Action 10/2/15 Short Term Strength
in Consolidation of the Down Move 9/25/15 Short Term and Intermediate Term Downward Bias 9/18/15 Consolidation of the August Plunge with a Downward Bias 9/11/15 Continued Tightening Consolidation with a Short Term Upward Bias 9/4/15 Consolidation
in the Pullback, Watching for Direction of Break 8/28/15 Short Term Bounce Continues Watching for Reversal if no Follow Through 8/21/15 Continued Downside with Possible Oversold Bounce
A recent swing high will often act as support
in an uptrend, and a recent swing
low will often work as resistance
in a
downtrend.
After all, VWO is sitting near 52 - week
lows and has been
in a steep
downtrend since May.
Price on a given time frame is
in an uptrend if it is making a higher highs (HH) and higher
lows (HL) and
in a
downtrend if it is making
lower highs (LH) and
lower lows (LL).
The following chart has the swing highs and
lows marked
in both an uptrend and a
downtrend.
We consider a market to be
in an uptrend if it is making Higher Highs and Higher
Lows (HH, HL) and a
downtrend is
Lower Highs and
Lower Lows (LH, LL).
In a downtrend, if the oscillator fails to confirm a new low in the price trend, a positive or bullish divergence exists, which warns of a potential price advanc
In a
downtrend, if the oscillator fails to confirm a new
low in the price trend, a positive or bullish divergence exists, which warns of a potential price advanc
in the price trend, a positive or bullish divergence exists, which warns of a potential price advance.
Conversely,
in a
downtrend we see
Lower Highs and Lower Lows, and when price breaks above the previous lower high, it's a strong indication that the downtrend might be en
Lower Highs and
Lower Lows, and when price breaks above the previous lower high, it's a strong indication that the downtrend might be en
Lower Lows, and when price breaks above the previous
lower high, it's a strong indication that the downtrend might be en
lower high, it's a strong indication that the
downtrend might be ending.
One good way to tell whether or not you should try and let your profits run when a market is trending is whether or not new highs (
in an uptrend) or new
lows (
in a
downtrend) are being made on near daily basis.
When the market starts to make
lower highs, it is
in a
downtrend.
Forex trading Trend lines can show a direction up, down or lateral, and they are seen by drawing a straight line above the daily highs
in a
downtrend and a straight line below the daily
lows in an uptrend.