Sentences with phrase «to close above something»

This resistance has proven strong in the past, with a number of reversals throughout April, and seems although it might once again trigger a reversal, as price failed to close above it throughout last week.

Looking long, if price can break and hold above level 1 (ideally indicated by a daily close above it) then the potential upside is illustrated in Chart 2.

Preheat oven to 450 ° F. with oven rack in the lower third of the oven (an no rack too close above it).

In the first example (left), the wick pierced below the 61.8 % level and then closed above it, which is still valid.

In the example above, the candlestick after the inverted hammer closed above it, but it has a long upper shadow (which is bearish).

Though ripple broke above our buy levels of $ 0.24000, it never closed above it, which shows selling at higher levels.

The very next day, the S&P 500 «undercut» that area of support on an intraday basis, but formed a bullish reversal candle to close above it.

As long as the price manages to break out $ 11 level and close above it, this trend may continue, having a chance to test $ 17, the analysts say.

The key component of the strategy is being able to detect the breakout, defined as price candle going above the box and closing above it, or going below the box and closing below it.

A breakout here is defined by price moving above the pink box and closing above it.

Yesterday, the bulls broke out of the trendline but could not manage a close above it.