24 May 2020 @ 07:51
Alibaba stock (
NYSE:BABA) has been engaged in what is best known as zigzag movement since January 2020. Price dipped from January to March, rose in April and May and has currently dipped again. Buyers have failed to prevent further dip as price is now staying below the EMA 21, while William’s % Range period 20 […]
10 Mar 2020 @ 16:17
Twitter shares (
NYSE:TWTR) are largely directionless at the moment. This is a situation that is bound to change very soon. The market is quite choppy right now and the 4 EMAs (EMAs 10, 20, 50 and 200) do not agree with what the market is doing. The color that stands for each EMA is shown […]
10 Mar 2020 @ 16:06
PayPal stock (
NASDAQ:PYPL) has become essentially bearish, though bulls are making attempt to push price upwards. That currently seems like an exercise in futility. Price dropped below the lower Trendline, and bulls are unable to move it back above the lower Trendline. At the same time, the RSI period 14 is below the level 50, […]
01 Mar 2020 @ 05:02
Verizon Communications stock (
NYSE:VZ) has dropped sharply, following a long period of sideways movement. The outlook for this year remains bearish. Price was largely directionless from October 2019 until February 2020, when it began to trend downwards. The market is below the EMA 21 and the William’s % Range period 20 is also in the […]
16 Feb 2020 @ 19:34
IBM stock (
NYSE:IBM) is a bull market. The general market movement is currently bullish, but there is now a bearish retracement, which is not supposed to last long. Since price broke above the upper Trendline in January 2020, bulls have been able to sustain the current upwards trend, which would be valid as long as […]
15 Jan 2020 @ 05:17
S&P 500 chart (
SPI:SP500) is really a protracted bull market. In spite of disturbing news from all over the worlds, the market has been making news lower highs and higher highs. The historical data depicts fierce battles between bulls and bears between August and October 2019. The impasse ended in October that year and a […]
18 Jun 2019 @ 09:08
BP stock (
NYSE:BP) has begun a clear downward movement. The sell signal is still fresh and the market has much more room to go downwards. Last month, price moved briefly below the lower Trendline, moved above it, and eventually moved below it this month (as price could not reach the upper Trendline, not to mention […]
16 Jun 2019 @ 10:54
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03 Jun 2019 @ 12:52
Chevron stock (
NYSE:CVX) has started a downturn following the recent bullish effort. The bearish downturn began in the middle of April 2019, and it has led to a “sell” signal. Price is now under the EMA 21, while the Williams% Range period 20 has moved into the oversold territory. That is a bearish signal which […]
20 May 2019 @ 03:39
Exxon Mobil shares (
NYSE:XOM) have started a bearish movement, which follows the recent bullish effort. The bearish movement is expected to become more and more significant over time. After the dip of December 2018, price rose significantly, moving towards the resistance level at 90.00. Price reached the peak in April 2019, and then began to […]