General Electric Co. has broken through a line of 11.48 and suggests a possible movement to 11.85 within the next 5 hours. It has tested this line numerous times in the past, so one should probably wait for a confirmation of this breakout before placing a trade. If the breakout doesn’t confirm, we could see a retracement back to lines seen in the last 5 days.
ARTÍCULOS RELACIONADOS
NVDA – breach of a trending resistance line that has been tested at least twice before.
The last 8 1 hour candles on NVDA formed a Triangle pattern and broken out through the pattern…
If you’re short NFLX you should be aware of the rapidly approaching level of 1227.4800
NFLX is moving towards a resistance line. Because we have seen it retrace from this level in the…
Because AVGO formed a Triangle pattern, we expect it to touch the resistance line. If it breaks through resistance it may move much higher
Emerging Triangle detected on AVGO – the pattern is an emerging one and has not yet broken through…