Sentences with phrase «lows of downtrends»

This means we are not concerned with selling at the absolute top of market rallies, nor buying at the dead lows of downtrends.

Not exact matches

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 bears are emboldened that support at $ 1334 - 35 and the downtrend at $ 1330 was breached, and will look for further long liquidation to take the market lower with a subsequent breach of the $ 1321 - 23 (quadruple bottom, 3/29, 4/5, 4/6 and 4/23 lows).

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.»

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:

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:

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 -LSB-...]

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.

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.

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.

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.

But for now, maintaining a small percentage allocation of short / bearish exposure may help to reduce overall portfolio risk by basically «hedging» until / unless the downtrend from the September 2012 highs is convincingly reversed by the formation of two «higher lows» and «higher highs» on the daily charts.

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.

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.

A break below support in the 1180 area would signal a resumption of the bigger downtrend and project a move to new lows.

Last week's downtrend was reversed after overshooting below the 23.6 % Fib retracement level, recording a low of $ 3,607.

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.

It happens when an equal, or almost equal, low forms during a downtrend, instead of another lower low.

However, the test of the low of the previous downtrend went too much.

An uptrend, which is a series of higher highs and higher lows, reverses into a downtrend by changing to a series of lower highs and lower lows.

The most basic way to identify a trend is to check and see if a market is making a pattern of higher highs and higher lows for an uptrend, or lower highs and lower lows for a downtrend.

I'd like you guys to take a look at this simple diagram that I drew below; it shows us the basic idea of looking for higher highs (HH) and higher lows (HL) for uptrends and lower highs (LH) and lower lows (LL) for downtrends:

The definition of a downtrend is lower lows and lower highs on the price chart.

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 downtrend.

It turns out that that Swing Low was the bottom of the downtrend and market began to rally above the Swing High point.

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

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.

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...

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 advance.

Another rise to test the upper border of the rising price channel on 4 - hour chart is possible later today, as long as the channel resistance holds, downtrend is expected to resume and one more fall towards 1.0206 previous low could be seen.

Similar to an uptrend a downtrend exhibits a consistent behavior of its highs and lows.

The profit target is the lowest price of the recent downtrend.

The contribution of thermal expansion shown on the graph actually reflects the redistribution of warmth to lower layers because of La Niña dominance, downtrending PDO, and the Kimikamikaze wind (M. English's anomalous trade winds.)

Choppy trading conditions dominate the market of Bitcoin as well as the largest altcoins», but with the downtrends in the segment still clearly being intact, a test of the lows is likely in the coming days.

«Taking a step back, since last Wednesday, bitcoin and the majority of alternative cryptoassets have been trading sideways, showing some bullish signs — such as making higher highs and dipping to higher lows — but the market still hasn't left its rather long downtrend.»

For the next few months, BCH began trending lower in a defined downtrend that contained a series of lower highs and lower lows.

A variety of large - cap altcoins — including Ether, Ripple, and Bitcoin Cash — are trading at or near their year - to - date lows, and while Bitcoin is still holding slightly above its 2018 floor, it risks dipping below it if the downtrend proceeds much further.