The GOOGLE (GOOGL) daily chart shows the following signs:
GOOGL is on bullish trend reaching the KUMO cloud last week. The MACD is on bullish signal and get over the zero level and the RSI on bullish signal too. The Stock is over the EMA200, but it has to overcome the KUMO Cloud . The bullish sign is weak as the price is under or in the KUMO.
I expect that the...
The GOOGLE (GOOGL) weekly chart shows the following signs:
The Price of GOOGL made a green candlestick (from $528 to $563) last week and stoped on Kijun-sen. The MACD is on bearish sign and the RSI on bullish. The Stock is over the EMA200, over the KUMO Cloud but the Tenkan-sen is under the Kijun-sen.
I expect that the stock could continue the long movement...
Many erroneously believe that market targets cannot be known until a stock has been trading for a specified period of time. As our clients are well aware, we identify the relevant targets very early in the trading cycle, sometimes even before the first 15 min of trading on the date of the IPO.
How is this possible?
Contrary to what many are taught , the ...
Our original analysis stated in part:
"Taken by itself, the technical pattern on the chart is a classic bottom with a follow through support at the first real pullback. Many unexpected huge moves have resulted from this pattern over the years. A factor in NOK's favor on the long side is the price action at the LT Swing Long entry range. It has been very...
