Not exact matches
Price action shows accelerated momentum, with the 50 - day moving average forming a
bullish crossover with the 200 - day MA.
The next step before attempting to establish a low - risk buy entry in a stock that is basing out is to ensure the
price action has begun to
show signs that
bullish momentum has moved back in our favor.
There's a big difference between buying stocks and ETFs in a market that reverses when the majority of leadership stocks are
showing tight
price action, versus buying stocks in a sudden market reversal when a large number of former leadership stocks have already lost key support levels and / or their
bullish technical patterns have broken down.
The weekly picture
shows a large gap down followed by
bullish intra-week
price action in a long white candle to close the gap on very big volume.
Since it
showed a rejection of lower
price and was much larger than the other candlesticks in the area, I would consider this to be a pretty strong
bullish indication — even though it occurred from sideways
price action.
The daily chart
shows the RSI moving higher in the
bullish zone with the MACD rising, both supporting more upside
price action.
In this addition to my
price action course, I'm going to
show you how to correctly identify and trade the
bullish harami pattern.
In this addition to my
price action course, I'm going to
show you how to identify and trade the
bullish piercing pattern.
Price action on the monthly chart,
shows that
bullish momentum has only started building up since 2009.
Price action of the Monthly Chart, shows that euro is in a bullish rally against the dollar, as you can see price is in a long awaited key level (after 3 ye
Price action of the Monthly Chart,
shows that euro is in a
bullish rally against the dollar, as you can see
price is in a long awaited key level (after 3 ye
price is in a long awaited key level (after 3 years).
Today's open hinted that
price action might not be the strong signal to follow... We examine the psych of why today's open still
shows a clear bear signal even though we technically broke into a «reversal of trend» from bearish to
bullish on the larger time frames.