Considering that US stocks have been in a 5 - year bull market, it would be unreasonable to expect
such bullish momentum to change overnight.
Not exact matches
Although this has been leading to moderately
bullish price action in select blue - chip stocks
such as $ IBM, more explosive, high -
momentum moves have been coming from various commodity - based ETFs (which have a low correlation to the direction of the overall stock market).
With
such strong volume confirming a clean weekly breakout and trend reversal,
bullish momentum is likely to carry $ CORN substantially higher over the next several weeks.
After having had to deal with
such a difficult period, Michael Kors now seems to have regained its
momentum, and
bullish investors hope that the holiday season will go as well as the luxury retailer believes it will.
Given
such strong
momentum downwards, it was wiser to wait for
bullish confirmation.
The cryptocurrency market is showing a lot of
bullish signs as all major cryptos
such as bitcoin, Ethereum, ripple, bitcoin cash and litecoin gained upside
momentum during the past few hours.
Bitcoin mostly traded in a range during the past two sessions, but a few altcoins
such as bitcoin cash, E-coin, Ethereum classic, bitcoin gold and Qtum gained heavy
bullish momentum and traded higher.