Tag: tickmill
BBBY Shares Reverse Following an incredibly near-400% rally over the first two week of August, shares in struggling retailer Bed Bath & Beyond are almost back to where they started the month. The stock soared higher earlier this month as a result of a sudden return of the WallStreetBets trader community on Reddit. These retailer […]
Type: Bearish Drop Key Levels:Resistance: 1952.5Pivot: 1920.4Support: 1841.8 Preferred Case:On the H4, with price moving below the ichimoku indicator, we have a bearish bias that price will drop from the pivot at 1920.4 where the pullback resistance is to the 1st support at 1841.8 where the pullback support, 50% fibonacci retracement and 161.8% fibonacci extension […]
Type: Bearish Drop Key Levels:Resistance: 13348Pivot: 13004Support: 12415 Preferred Case:On the H4, with price breaking out of an ascending channel and moving below the ichimoku indicator, we have a bearish bias that price will drop to the pivot at 13004 where the pullback support, 61.8% fibonacci retracement and 100% fibonacci projection are. Once there is […]
Type: Bearish Drop Key Levels:Resistance: 22490Pivot: 20695Support: 18890 Preferred Case:On the H4, with price breaking out of a bullish channel and moving below the ichimoku indicator, we have a bearish bias that price will drop to pivot at 20695 where the 161.8% fibonacci extension and swing low support are. Once we have downside confirmation of […]
Daily Market Outlook, August 24, 2022 Overnight Headlines World At Rising Risk Of Recession As Inflation Hits Consumers Goldman Sees Powell Sticking To July Tightening Message At JH US Dollar Pauses For Breath Wednesday Ahead Of Jackson Hole Bitcoin Weakened After Slipping Back Beneath 21,500 Level Fed’s Kashkari: His Biggest Fear Is Inflation Will Be […]
With the USD seeing a fresh wave of demand, EURUSD has fallen to its lowest level in over 20 years with the pair now back under parity for the second time this year. Soaring inflation in the eurozone, made worse by the relentless rise in gas prices, is threatening to send the eurozone into recession […]
Type: Bullish Rise Key Levels:Resistance: 144.475Pivot: 141.150Support: 138.225 Preferred Case:On the H4, with price moving above the ichimoku indicator and along the ascending trendline , we have a bullish bias that price will rise from the pivot at 141.150 where the pullback support is to the 1st resistance at 144.475 in line with swing high […]
Crude Reversal Underway? Following a sustained decline from early highs on the year around $121.50s, crude prices are starting to turn higher again this week. Crude future shave been moving lower in a well-defined bear channel over the correction from the summer highs. However, after stalling along support at the 85.53 level, accompanied by bullish […]
Type: Bearish Drop Key Levels:Resistance: 152’12Pivot: 149’28Support: 148’08 Preferred Case:On the H4, with the price moving within the descending trendline and below ichimoku cloud, we have a bearish bias that the price may drop from the pivot at 149’28, which is in line with the swing low to the support at 148’08, where the previous […]
Type: Bullish Rise Key Levels:Resistance: 10.695Pivot: 10.005Support: 9.050 Preferred Case:On the H4, with the price moving within the ascending trendline and above the ichimoku cloud , we have a bullish bias that the price may rise from the pivot at 10.005, which is in line with the 61.8% fibonacci projection to the 1st resistance at […]