BABA rose sharply for 52 days – which is an excessively big movement for this instrument; exceeding the 98% of past price moves. Even if this move is a sign of a new trend in BABA there is a chance that we will witness a correction, no matter how brief.
ARTÍCULOS RELACIONADOS
Supports and resistances are primary concepts of technical analysis. XOM is heading for an important price of 101.7200 – read about what this could mean for the future.
XOM is about to retest a key horizontal support level near 101.7200. It has tested this level 5…
Because AAPL formed a Channel Down pattern, we expect it to touch the support line. If it breaks through support it may move much lower
AAPL is moving towards a support line. Because we have seen it retrace from this line before, we…
NKE seems to be on its way to resistance – a possible opportunity?
A strong resistance level has been identified at 62.0500 on the 30 Minutes NKE chart. NKE is likely…