Sentences with phrase «term bullish trend reversal»
The above chart (prices as per Bittrex) shows a long - term bullish trend reversal:
http://virtualmining.com/ Not exact matches
After being in downtrend from April 2011 until September 2012, KOL is now setting up as a short - term, momentum - based bullish trend reversal play.
Although $ GLD is still in a downtrend, there are now 2 main technical signals and 1 other point that give me strong reason to believe gold is poised for a substantial, intermediate to long - term rally and / or bullish trend reversal...
If the bullish price action we have been observing follows through, we could see a dominant trend reversal that could at least lead to a new intermediate - term uptrend in crude oil.
$ TAN recently reversed a long - term (multi-year) downtrend, and the ETF is now beginning to show classic signs of a bullish trend reversal.
Although $ GLD is still in a downtrend (until it convincingly breaks out above the $ 128 to $ 130 level), there are now 3 great reasons to buy gold in anticipation of a substantial, intermediate to long - term rally and / or bullish trend reversal.
A daily close below $ 0.24 will confirm a long - term bullish - to - bearish trend reversal and open doors for a drop to $ 0.10.
A rounding bottom is a long - term reversal pattern that indicates a bearish - to - bullish trend change.