Sentences with phrase «rally attempt»
The phrase "rally attempt" refers to an effort made to recover or improve a difficult situation. It means people are trying to gather or regroup after facing a setback or challenge. Full definition
That and the long - term technical setup both point to a durable bottom in cryptocurrencies in the near future, even if the current rally attempt fails.
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There have been a few rally attempts during the past seven years.
Now, the 50 - day moving average should act as a significant resistance level on any subsequent rally attempt.
Despite several rally attempts since the latest dip two weeks ago, the major coins continued to trade in narrow trading ranges, with not much progress being made.
During the past 12 months, DBA has spent the majority of its time drifting lower, with a few feeble rally attempts along the way.
However, what separates the recent rally attempts from the more successful ones of the past is sustainability (or a lack thereof, in this case).
Based on yesterday's price and volume action in the broad market, as well as the inability of stocks to hold their morning rally attempt, more near - term downside could be in store.
After five long, frustrating years of price smashes followed by one failed rally attempt after another, silver prices have decisively broken out to the upside.
Despite several rally attempts since the latest dip two weeks ago, the major coins continued to trade in narrow trading ranges, with not much progress being...
As such, $ GLD will need to deal with overhead resistance around the $ 127 - $ 128 area on its next rally attempt (the 20 - month downtrend line also converges near this level).
HUI - gold ratio: At best one could say the ratio has gone sideways since late last year, but there is nevertheless a down - trend line that keeps capping rally attempts at lower and lower levels, which no gold timer we know of would ever interpret as a bullish sign — click to enlarge.
Head coach Doug Pederson addressed the team with an inspirational speech after they held off a late - game rally attempt from the Patriots.
The major averages sold off hard at the open and after a feeble rally attempt sold -LSB-...]
The latest rally attempt has been accompanied by an upsurge in daily trade volume, with transactions climbing 150 % over a 24 - hour period.
On the chart below, notice that the S&P has now cracked support of its long - term uptrend line, which should now serve as resistance on any subsequent rally attempt:
If it does, we could see another rally attempt to push stocks back above their consolidation patterns.
However, the rally attempt fizzled out.
Now, those technical levels of prior price support will act as the new levels of price resistance on any rally attempt.
The main thing missing has been the presence of institutional participation, but if volume suddenly comes back into the market, stocks could easily break out above the highs of their holding patterns and resume the rally attempt that began two weeks ago.
The upper boundary has continued to turn back all rallying attempts.
Although all rally attempts have failed so far in the crypto - segment, and the weakness in altcoins, especially Ethereum and Ripple has been the dominant force, the...
Obviously, we would have preferred stocks and ETFs to have surged higher over the past few weeks, but there are some incredibly important lessons to be learned when a rally attempt fails.
So far, an «extraordinarily high» number of the Rallies attempted during the program's alpha phase were completed, according to Lynch.
Although all rally attempts have failed so far in the crypto - segment, and the weakness in altcoins, especially Ethereum and Ripple...
Bitcoin's rally attempt was rejected at $ 11,000, which continues to offer firm resistance.
The rally attempt, which concluded Sept. 1, formed a double - top with the June 11 high.
Bitcoin got close to testing the $ 9000 - $ 9200 support zone yesterday, but another rally attempt started today in early trading as buyers stepped in yet again.
It's been a grueling weekend for cryptocurrency investors, with the major drifting lower in choppy fashion throughout the last three days, and although no real damage has been done to the technical setup, all rally attempts faded away so far.