Sentences with phrase «uptrend channel»

This uptrend is framed by a clear parallel uptrend channel that has been firmly in place since the March lows.

This high at the top of the parallel uptrend channel also coincides with a 161.8 % Fibonacci extension of the bullish run from $ 16.06 to $ 17.73 early this month.

The should line up nicely with the previous resistance line of the uptrend channel, so it's likely that we should see plenty of buying pressure underneath.

Below is the 2 year daily chart for the SPX which shows its 2016 bull market uptrend channel with the price action testing the bottom rail with the high, down to up volume spike on Monday.

Next, lets look at some of the 2016 uptrend channels with the down to up volume chart below it, starting with the COMPQ.

Broadly speaking, stocks tend not to break out of these longer - term uptrending channels for very long before mean - reverting back in.

Not exact matches

Bluzelle found the bottom at 3300 satoshis and started the uptrend while continued to move within the ascending channel.

Bitcoin Price Key HighlightsBitcoin price is still in an uptrend and attempting to break past the $ 9000 barrier.Price is also inside an ascending channel on its 1 - hour chart and appears to be setting its sights...

In order to still consider GLD in an uptrend it will need to close January above its 10 month moving average and above the bottom of the long - term channel.

In order to still consider GLD in an uptrend it will need to close January above its 10 month moving average and above the bottom of the long - term channel.

What traders are doing in an uptrend is buying when the price touches the lower line of the channel.

However, as long as the channel support holds, the price action from 1.0794 is treated as consolidation of uptrend from 1.0132, one more rise towards 1.0900 is possible after consolidation.

Still in this channel, as long as it stays in that uptrend, not good for equity.