NAS100 has broken through the support line of a Channel Up. It has touched this line at least twice in the last 7 days. This breakout indicates a potential move to 14515.2354 within the next 13 hours. Because we have seen it retrace from this positions in the past, one should wait for confirmation of the breakout before trading.
Related Posts
FTSE 100 has broken through a support line. It has touched this line numerous times in the last 3 days.
FTSE 100 has broken through a support line. Because we have seen it retrace from this price in…
FTSE 100 hits 8546.7 after a 6.01% move spanning 34 days
FTSE 100 has moved higher by 6.01% from 8062.3 to 8546.7 in the last 34 days.
Because NAS 100 formed a Channel Up pattern, we expect it to touch the resistance line. If it breaks through resistance it may move much higher
NAS 100 is heading towards the resistance line of a Channel Up and could reach this point within…