A Falling Wedge pattern was identified on NKE at 78.6, creating an expectation that it may move to the support line at 77.2860. It may break through that line and continue the bearish trend or it may reverse from that line.
Related Posts
It’s time to make a decision on BRK.B – its recent breach of 500.4800 could be a sign of a new trend to follow.
BRK.B has broken through a support line. Because we have seen it retrace from this price in the…
XOM – approaching a support line that has been previously tested at least twice in the past
XOM is approaching the support line of a Channel Down. It has touched this line numerous times in…
If you’re short PYPL you should be aware of the rapidly approaching level of 72.0900
The price of PYPL in heading back to the resistance area. It is possible that it will struggle…