Apr 07 2016 @ 04:53
Gulf Keystone stock (
LSE:GKP) has been under selling pressure for several months. The trend was mostly bearish for the year 2016, and there is no end in sight for the bearishness in the market. 4 EMAs are used for the analysis and color that stands for each EMA is shown at the top left part […]
Apr 07 2016 @ 04:47
PayPal shares (
NASDAQ:PYPL) are poised to trend upwards as revealed in the daily chart. The upward trend would continue for some months. In February 2016, price broke upwards and closed above the upper Trendline. Since then, the price has not returned into the Trendlines. The current price action shows that the bulls are determined to […]
Mar 29 2016 @ 18:55
Cap-XX stock (
LSE:CPX) now looks like a promising market, owing to the current price action on it. The market has been making persistent bullish effort since the month of February 2016. This is something that has paid off: There is a “buy” signal in the market. The ADX period 14 is almost above the level […]
Mar 29 2016 @ 18:48
ADVFN shares (
LSE:AFN) have been trending downwards for the past several months. There is a clear downtrend in the chart – a major bias. The price is below the EMA 21 while the Williams’ % Range period 20 is perpetually in the oversold region. Long trades are not currently recommended on ADFN because the major […]
Mar 23 2016 @ 18:31
BP shares (
NYSE:BP) have been very volatile for the past several months. The bullish effort that was made in October 2015 has been rendered useless by the bears. Though the volatility in the market is high, the dominant bias is bearish. 4 EMAs are used for this analysis and they are EMAs 10, 20, 50 […]
Mar 23 2016 @ 18:23
Nokia stock (
NYSE:NOK) is not an attractive thing at the present. The price consolidated from November 2015 to January 2016 and then gapped down massively at the start of February. Since then, the price has moved sideways. The RSI period 14 remains under the level 50, showing the weakness of the price, which oscillates between […]
Mar 16 2016 @ 17:44
Chevron stock (
NYSE:CVX) has been making commendable bullish effort since the beginning of March 2016, although the market has been quite choppy (moving sideways) for the past several months. In the chart, the ADX period 14 is above the level 20, showing that some momentum may be rising in the market. The DM+ is also […]
Mar 16 2016 @ 17:36
AIG shares (
NYSE:AIG) have gone bearish since the beginning of the year 2016. This bearish journey is supposed to continue for the rest of this year. The price is currently below the EMA 26, and the Williams’ % Range period 20 is sloping towards the overbought territory, which simply means a rally in the context […]
Mar 08 2016 @ 03:30
Alibaba stock (
NYSE:BABA) has been making some bullish effort recently, which has given hope beyond a reasonable doubt that the bias for this year would be bullish. The stock made some bullish attempt last year, but started coming down this year. At the lower Trendline, further bearish movement was rejected in February 2016, and since […]
Mar 02 2016 @ 06:44
Exxon Mobil stock (
NYSE:XOM) has been making some noteworthy effort to trend upward this year, though the last two months of the year 2015 were bleak. Since January 2016, the price has been trying to go north – slowly and gradually. The ADX period 14 is below the level 20, showing a lack of momentum […]