Sentences with phrase «of price support»

Instead, wait until the market falls back to a known level of price support before you buy.

Meaning at this rate, or close to it, there should be a wealth of price support for the cryptocurrency.

These trend lines define that pattern and act as respective levels of price support and price resistance.

Examining historical gold prices can potentially be useful in trying to identify potential areas of price support to buy at.

From a technical standpoint, the stock is in a downtrend (so it could go lower from here)-- but it's also currently hovering just above an important level of price support at $ 58.

Using the MTG Stock Screener, our simple stock scanner software for technical swing traders, the 3 - minute trader education video below shows you how to quickly and easily find strong stocks that have been forming a base of price support over the past 4 to 8 weeks and are now poised to breakout to new highs in the coming days.

Using the MTG Stock Screener, our simple stock scanner software for technical swing traders, the 3 - minute trader education video below shows you how to quickly and easily find strong stocks that have been forming a base of price support over the past 4 to 8 weeks and are now poised to breakout to new highs -LSB-...]

There's clearly a lack of price support from dividends.»

But, there was no additional confirmation of the potential significance of that price support level, and this crypto remains in a clear downtrend.

Who, or whom, have been the key provocateurs of price support?

I think this country's food issues are so deeply flawed that each of these attempts at a solution are destined to fail unless shored up with adequate food security, elimination of food deserts in poor communities, the elimination of price supports for foods that don't support our health, etc..

The detailed pattern of modern UK agriculture is heavily influenced by the Common Agricultural Policy of the European Union, with a combination of price support and set - aside policy.

As part of the new policy, Cuomo told the PSC to develop some sort of price supports aimed at preventing the closure of «Upstate nuclear plants.»

When a Fibonacci level is combined with sources of price support and resistance it can become a powerful technical analysis tool.

After a monster, four - year rally that drove the price of Lululemon ($ LULU) from $ 3 to more than $ 80 (nearly 3,000 %), the former leadership stock is now breaking down below a major area of price support:

Turning their backs on the qualities that once made them special, the Germans are kissing off a part of their core audience and pissing off another: those rich enough to buy wagons in spite of the lack of price support.

Stocks and averages can and frequently do «undercut» obvious levels of price support for a few days and bounce right back (we like those plays for buy entry):

This caused the stock to crash through a four - month level of price support at the $ 44 area (dashed horizontal line).

To help give you an idea of where the S&P 500, NASDAQ, and other indexes may find their next levels of price support, I have annotated the daily charts of several popular, broad - based ETFs.

The daily chart of O'Reilly Automotive ($ ORLY) below is a good example of what frequently happens when attempting to sell short a stock as it breaks down below an obvious level of price support.

This is exactly the type of price action we actually like to see during periods of consolidation, as it serves to shake out the «weak hands» who typically sell when stocks and ETFs break obvious technical levels of price support.

The 40 - week moving average (roughly same as 200 - day moving average) also converges near that same area of price support.

In the July 25 issue of The Wagner Daily and on this blog post, we illustrated that the daily chart patterns of the Nasdaq 100 ($ QQQ) and benchmark S&P 500 Index ($ SPY) were poised for potential breakdown below key technical levels of price support.

At a minimum, we would NOT enter a short position unless / until $ QQQ breaks down below last week's low, which we now know is a key level of price support.

When you connect these series of highs and lows using trend lines, you create two converging levels of price support and price resistance, which create the triangle.

These trend lines act as levels of price support and price resistance.

Returning to test a previous level of resistance is not uncommon and serves to establish that this price point that once acted as a level of price resistance is now a new level of price support.

I have reason to believe that this selling pressure is abating because the BCH price has reached an important and influential level of price support that is currently being supported by two distinct metrics.