Sentences with phrase «new uptrend line»
The bullish features include the placement of a new uptrend line starting from the low near 71 in December 2016.
https://www.cnbc.com/
The future pattern of rally, retreat and rebound rally will set the first anchor point for a new uptrend line.
Not exact matches
The slope of this new trend line is different from the slope of the long term uptrend line.
On our internal watchlist as a potential short sale if it bounces into new resistance of its prior uptrend line, SPDR Gold Trust ($ GLD) could -LSB-...]
Last month, $ EEM convincingly broke down below support of a long - term uptrend line, and is now bouncing into new resistance of that prior support line (which is also converging with resistance of its declining 50 - day moving average).
Ethereum's price is expected to continue surging in this positive uptrend - and is soon expected to cross the $ 520 line of resistance - which would become a new line of support for the currency.
If you want to know when to expect a major change in market sentiment, I recommend you watch this 5 - year uptrend line closely, as a breakdown below that level could lead to a new bear market in the NASDAQ.
On our internal watchlist as a potential short sale if it bounces into new resistance of its prior uptrend line, SPDR Gold Trust ($ GLD) could be headed for a more significant, intermediate to long - term correction.
If the market breaks the uptrend line and drops below the cloud, we'll have confirmation for a new downward movement.
Other negative signs include stocks making new highs on low volume, a stock repeatedly reversing off highs and / or closing near intraday lows, or when a stock begins breaking logical areas of support like key moving averages and uptrend lines.
Bitcoin cash experienced a similar uptrend on Thursday, with prices breaking above $ 1,400 to form a new bullish trend line.