Type: Bullish Rise Key Levels:Resistance: 24320Pivot: 22525Support: 21450 Preferred Case:On the H4, with prices moving above the ichimoku indicator, we have a bullish bias that price will rise from the pivot at 22525 where the pullback support and 38.2% fibonacci retracement are to the 1st resistance at 24320 in line with swing high resistance. Alternative […]
Type: Bearish Momentum Key Levels:Resistance: 118’06’0Pivot: 117’18’5Support: 116’14’0 Preferred Case:On the H4, with price recently breaking the ascending trend channel and moving below the ichimoku cloud , we have a bearish bias that price will continue to drop from the pivot at 117’18’5 at the swing low in line with the 61.8% fibonacci projection and […]
Type: Bullish Rise Key Levels:Resistance: 1.04040Pivot: 1.03230Support: 1.02645 Preferred Case:On the H4. with price moving above the ichimoku cloud, and moving in an ascending trend channel and trendline, we have a bullish bias that price will continue to rise from the pivot at 1.03230 at the overlap support in line with then 38.2% fibonacci retracement […]
Type: Bullish Rise Key Levels:Resistance: 31852Pivot: 30821Support: 30405 Preferred Case:On the H4, with price moving in an ascending trend channel and ascending trendline and moving above the ichimoku cloud, we have a bullish bias that price will rise from the pivot at 31913 at the pullback support in line with the 61.8% and 78.6% fibonacci […]
Type: Bullish Rise Key Levels:Resistance: 871.0Pivot: 832.1Support: 806.9 Preferred Case:On the H4, with RSI moving along an ascending trendline and price breaking out of a descending channel , we have a bullish bias that price will rise from the pivot at 832.1 where the pullback support and 61.8% fibonacci retracement are to the 1st resistance […]
Type: Bullish Rise Key Levels:Resistance: 0.69555Pivot: 0.68620Support: 0.68100 Preferred Case:On the H4, with prices moving above the ichimoku indicator and breaking out of the descending channel , we have a bullish bias that price will rise from the pivot at 0.68620 where the overlap support is to the 1st resistance in line with swing high […]
Type: Bearish Momentum Key Levels:Resistance: 4083.25Pivot: 3945.00Support: 3905.25 Preferred Case:On the H4, with price recently breaking the descending trend channel, we have a bullish bias that price will rise from the pivot at 3945.00 at the pullback swing high in line with the 78.6% fibonacci projection and 50% fibonacci retracement to the 1st resistance at […]
Netflix EPS Beat, Revenues Miss Netflix shares are trading higher ahead of the open today despite a bumpy set of second quarter earnings yesterday. Netflix came through with an EPS of $3.20, well above the $2.95 the market was looking for. However, revenues were seen lower than forecast at $7.97 billion vs $8.026 billion expected. […]
Type: Bullish Rise Key Levels:Resistance: 3.4808Pivot: 3.3401Support: 3.2003 Preferred Case:On the H4, with prices bouncing off the ichimoku indicator and moving along the ascending trendline while the RSI is moving along an ascending trendline, we have a bullish bias that price will rise to the pivot at 3.3401 in line with the swing high resistance […]
Type: Bullish Rise Key Levels:Resistance: 12943.25Pivot: 12232.25Support: 11790.25 Preferred Case:On the H4, with price moving in an ascending trendline and moving above the ichimoku cloud, we have a bullish bias that price will rise from the pivot at 12232.25 at the pullback resistance in line with the 78.6% fibonacci retracement to the 1st resistance at […]