Sentences with phrase «resistance lines as»

Right now, we are in the middle of a crucial test of both support and resistance lines as the market decides where it will go next.
A Wedge, then, is formed by the support and resistance lines as they move toward each other.
As a recap, the price broke out of this 1st March, but with the recent fall in the market, it will be looking for that initial resistance line as support, tracking just above $ 1000.

Not exact matches

The uptrend rally can continue to move upwards using the uptrend line as a resistance feature.
The addition to the chart is the upper trend line which is now acting as a resistance level.
Using long - term trend line will act as a resistance level, the current breakout has an upside target near 19,350, which is near the current value of the trend line.
When the Dow rallied in November 2015, the trend line acted as a resistance level, and when projected into the future it will continue to act as a resistance level.
There is a high probability the Dow will retreat and retest the upper edge of the trading band near 18,300 before a rebound rally moves up to test the trend line as a resistance level.
The value of this line will now act as a resistance feature.
The prior lows from the previous trading range (the dashed horizontal line) will also act as a substantial area of resistance.
Now, it appears as though TMF is setting up to break out above resistance of its 3 - month downtrend line and resume the long - term uptrend that has been in place for nearly 2 years.
Now, $ YCS is back above both its 10 and 40 - week moving averages, as it pops its head above resistance of a 6 - month downtrend line on increasing volume and with a bullish reversal pattern.
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-...]
«Bitcoin price staged a strong rally to break past the short - term channel top and aim for the longer - term resistance... Buyers are taking control of bitcoin price action... Moving averages are in line with the 4 - hour bullish channel support at $ 610, adding to its strength as a floor.
The RSI is often used in conjunction with trend lines, as trend line support or resistance often coincides with support or resistance levels in the RSI reading.
On the daily chart below, notice how perfectly the 50 - day moving average (teal line) has been acting as resistance:
Gold bounced off a trend line support, Fibonacci 0.382 support, and past resistance turned support as depicted on the H4 chart.
After $ GDXJ pops back above its 20 - day EMA (above the $ 27.60 area), buyers should step in due to break of key moving average resistance, as well as a break of the downtrend line from the January high.
The daily chart also gives us a view that suggests that XRP was likely to close (as at 5 March) above $ 1.04329 (descending trend - line resistance on the daily chart), signaling a bullish breakout on the charts.
A falling trend line can be drawn to connect the latest highs since September 15 and this trend line can continue to hold as resistance.
Notice that the formation of the shooting star candlestick also occurred as $ SPY «overcut» resistance of its downtrend line from the September high.
As shown below, the US$ gold price is butting up against lateral resistance that also now coincides with the 200 - day moving average (MA), and the HUI is struggling with resistance defined by a trend - line that dates back to the August - 2014 short - term top.
EUR / USD: The EUR / USD is now consolidating as price oscillates between the support line at 1.0500 and the resistance line at 1.0650.
Conversely, even if QQQ happens to bounce today (we must always be prepared for unlikely scenarios), it should find major resistance at its intermediate - term downtrend line (the descending blue line near $ 64.50), as well as the July 19th high of $ 65.31.
The British pound ultimately, there is an uptrend line just above there as well, which should offer a significant amount of resistance.
Though C&J Energy (CJES) finally broke its resistance at $ 23 - $ 23.50, it is still testing this price, now as a support line.
As you can see, on a short - term basis there is an obvious «line in the sand / resistance» level at $ 5.66 a share.
What we see is that a long - term down trending trend line, as well as a key «once support / then resistance» level ($ 5.27 a share) have both been pierced to the upside.
The decline also caused an ugly, wide - ranged bar to form on the weekly chart, which should now act as overhead resistance (see horizontal line on the chart below).
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.
Litecoin try to break above the previous uptrend line that we now see as resistance.
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).
There is a long - term resistance turned support nearby (marked as pink dotted lines).
As she learns more about the Mayday resistance force and its strategy toward freedom, she's awakened to the number of lives put on the line to fight for her own.
Therefore, I feel I must overcome my resistance and resentment, must dismiss the feeling of engaging in an unwilling exercise in apologetics, and try earnestly, if not to supply straight and simple answers, at least to clarify and line up some of the evasive arguments that I have harbored for a long time, and to articulate them as well as I can.
David Dark, author of The Sacredness of Questioning Everything, seems to appreciate Colbert as well, for he begins his chapter on «Questioning Our Offendedness» with a «tip of the hat» to the comic genius of the caricature that is Stephen Colbert — a caricature that highlights how «we develop a built - in resistance to any information that refuses to fall in line with our preconceived notions.»
In 1977, more than 30 years after he parachuted behind enemy lines to aid the French resistance (he was later wounded and captured), he was feted at a Frenchman's party as the crazy American who dropped out of the air with a fishing rod tied to his leg.
He won election as attorney general despite resistance from the New York Times editorial board and other left - leaning institutions, and then ran the only two people ahead of him in line — Gov. Eliot Spitzer (with an assist from Client 9 on that one) and Lt. Gov. David Paterson — out of town on a rail.
My strong objections to the directive — I have a clear recollection of Charles Clarke dismissing me as a «Liberal Democrat lawyer» — were in line with my consistent resistance to mass surveillance, fishing expeditions and profiling.
The researchers have begun an expanded field trial on the same Northern Territory plantation, growing the four RGA2 lines that showed resistance in the last trial, as well as newly developed lines of modified Cavendish Grand Nain and Williams cultivars.
In the last decade, we have collected data on agronomic performance, including yield, but also data on the resistance of the lines as well as on SCN pressure in the field.
H58 Typhi is often resistant to the first - line antimicrobials commonly used to treat the disease, and is continuing to evolve as it spreads to new regions and populations, acquiring novel mutations providing resistance to newer antimicrobial agents, such as ciprofloxacin and azithromycin.
They show that this new formulation reduces the minimal curative dose in a disease model, based on infections in mice, by 100-fold and, most importantly, circumvents drug resistance in a cell line that is resistant as a result of mutations in the transporter that mediates drug uptake.
«With a key challenge being that resistance to drugs is spreading faster than new drugs are being developed and approved,» they suggest that «the use of encapsulated, nanobody - targeted drugs as described here has the potential to reverse resistance to many first - line treatments.»
In an effort to keep artemisinin resistance at bay, the World Health Organization (WHO) has recommended artemisinin combination therapies (ACTs)-- uniting artemisinin derivatives with bygone antimalarial drugs — as the preferred front - line treatment.
First, we produced PARP1 - KO ovarian cancer cell lines using CRISPR / Cas9 gene editing to test the loss of PARP - 1 as a resistance mechanism to all clinically used PARP inhibitors.
Until now, scientists examining the causes and effects of insulin resistance have struggled with a general lack of human cell lines from tissues such as muscle, fat and liver that respond significantly to insulin, Kahn says.
As a result, I was able to gain an unparalleled, wide exposure to multiple lines of research — ranging from insulin resistance to body composition and metabolic rate — which was critical for my career development.
As Olivio explains, the battle lines for tackling drug resistance tend to be drawn in areas where the disease is on the brink of dying out.
Finally, analysis of tumors from clinical trials and cell line models will allow discovery of mechanisms of sensitivity and resistance to AR and PI3K inhibitors, as well as biomarkers that can be used in the development of new treatment regimens and selection of patients for future trials.
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