Technical Analysis

Since 15 July, we notice an impressive movement in the market, favouring the bulls, as price action performs above moving average curves. The 20-day moving average and the 9-day moving average are both below the activities of the price action. This indicates that the ripple is in an uptrend movement.   Support: $0.56793, $0.46731, $0.33491 Resistance: $0.33359, […]

Lloyds Banking Group Plc shares (LSE:LLOY) are weak, and the weakness has been going on for several months. From February 2022 until the present, any rallies in this market are simply opportunities to sell at higher prices. The ADX period 14 is above level 20, going towards level 30. This means the momentum in the […]

Nasdaq 100 stock (NASDAQI:NDX) is bearish. The current bearish trend has been going on for the past several months. From February 2022, until now, sellers have consistently pushed price southwards. Can price go upwards from here as the stock index looks so cheap now? Price is currently above the EMA 21, and William’s % Range […]

World Wrestling Entertainment stock (NYSE:WWE) is bullish… And the bullishness is expected to become stronger and stronger as time goes on. Currently there is a perceived bullish effort, and further growth is expected. 4 EMAs are used for this analysis and they are EMAs 10, 20, 50 and 200. The color that stands for each […]

Premier African Minerals Limited shares (LSE:PREM) have not assumed a clear direction because the market is a kind of got stuck in an equilibrium phase. A breakout is going to happen very soon and that would be in favor of sellers, as the analysis below shows. Price is currently stuck between the upper and lower […]

Seven Varieties of Stupidity (and what to do about them) Note: I wanted to post an article titled: “3 Secrets of Everlasting Victory in the Markets – Part 2” but I had to postpone it in favor of the article below. Trading is a 100% psychological game, and that is why many experienced, knowledgeable, and skilled […]

Not everyone will be happy for you. The tall poppy syndrome is alive and well. Be careful who you share your dreams with, especially early on in your trading career. A dream is the most fragile when it is first birthed. Trading sounds glamourous, but it isn’t. The best traders follow the same routines day […]

Chevron Corporation stock (NYSE:CVX) has also gone downwards, posting a serious threat to bulls and eventually putting a stop to the bullishness that was witnessed from January 2022 till the middle of June. The ADX period 14, has its line at the level 20, which means that the current momentum in the market is not […]

BP shares (LSE:BP.) have dropped like a stone, effectively putting an end to the recent bullish movement that was in the market. The bullish movement, which was seen from January 2022 to May the same year, has been put to an end effectively. Price precipitously like a stone and went below the EMA 21, closing […]

Since the 15th of May, after the steep price crash, Ripple has been struggling; as its price action ranges sideways. Between the 10th to the 13th of June, we witnessed a slight, daily consecutive drop in price From $0.40857 to $0.31056. SUPPORT LEVEL: $0.3328, $0.29560, $0.28164 RESISTANCE LEVELS: $0.41653, $0.45513, $0.44444 Readings From Indicators The […]