F has flipped the red trendline from a resistance level into support. The price has moved sideways over the past few months with lows around $10.30. For those interested in investing in Ford for the long term, I would consider a buy opportunity around $10.30.
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China’s Hang Seng Index has formed a bullish breakout above the yellow channel, and is currently retesting the yellow resistance line in an attempt to flip this level from resistance to support. I think HSI could form a bullish bounce here, and I would monitor to see if HSI holds above $20.4k. Follow me on […]
Read MoreBABA has experienced a rejection just under the $120.12 resistance level, and has suffered a sharp decline for the past 3 weeks. I think BABA is still trending down, and there is risk for more downside. I would monitor for a rebound, and I have $89.21 as the next key support level on the way […]
Read MoreHOLO has reached new all time lows after dropping below $4. This was the scenario that I initially discussed with a shakeout to all time lows before a potential rally. Last time there was a 1:10 reverse stock split, a drop to new all time lows, and then a strong rally. This time we have […]
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China’s Hang Seng Index has formed a bullish breakout above the yellow channel, and is currently retesting the yellow resistance line in an attempt to flip this level from resistance to support. I think HSI could form a bullish bounce here, and I would monitor to see if HSI holds above $20.4k. Follow me on […]
Read MoreBABA has experienced a rejection just under the $120.12 resistance level, and has suffered a sharp decline for the past 3 weeks. I think BABA is still trending down, and there is risk for more downside. I would monitor for a rebound, and I have $89.21 as the next key support level on the way […]
Read MoreHOLO has reached new all time lows after dropping below $4. This was the scenario that I initially discussed with a shakeout to all time lows before a potential rally. Last time there was a 1:10 reverse stock split, a drop to new all time lows, and then a strong rally. This time we have […]
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