This time, however,
prices moved to the upside, because investors realized that last week's reaction was a little excessive (if not downright apocalyptic).
And, forgetting the fundamentals for a minute, its share price is trading close to a major break - out level, which could offer a fast /
significant move to the upside.
In that post's chart, I didn't put the small Fibonacci retracement level at 38.2 % as I was impressed with the strong
move to the upside from the bottom and I thought it would be useless.
Overall, the investor will have to be comfortable with not participating beyond the $ 3.50 in premium received which can be a difficult thing to do when markets make
large moves to the upside.
Within the NASDAQ, one industry sector that appears poised to make a substantial intermediate -
term move to the upside is semiconductors.
... the summer months may be volatile for the stock market... it may be difficult for the market to make any
meaningful moves to the upside,,, we don't expect any further meaningful downward moves either.
Indeed, on the heels of last week's
modest move to the upside by equities, Wall Street began the latest five - day span by pressing higher, with the Dow Jones Industrial Average and the tech - laden NASDAQ both climbing to all - time highs in the morning's trading.
Finally, with the Daily Pivot Range, 3 Day and 6 Day Rolling Pivot Ranges, acting as support underneath the Weekly Pivot Range, this has all the markings of a
good move to the upside.
Yet even though interest rates are very near historic lows and it appears they're not headed for a
major move to the upside, don't forget what a rate represents — your mortgage payment.
We expect a large
range move to the upside that will propel the BCH / USD pair above the critical resistance zone, which has a confluence of resistance from the 20 - day EMA, the downtrend line and the resistance line of the descending channel.
«Given the current environment, we've seen safe - haven plays such as gold and gold stocks make a
nice move to the upside,» Fast Money Alert's April 2 update stated.
Bed Bath & Beyond is another name that options traders are betting will see
a move to the upside as result of tax reform.
For example, if a certain biotech stock gains FDA approval for a blockbuster drug,
the move to the upside could be magnified because the reported news catches the eye of investors.
Nine of the ten sectors moved lower on the day with energy being the lone gainer with a 0.41 %
move to the upside.
But Tuesday saw strength and
a move to the upside to the top of the longer consolidation range.
We believe that EOSBTC has changed its trend from down to up and is setting up for
a move to the upside.