Alibaba has moved higher after 5 consecutive 4 hour candles from 104.64 to 107.41 in the last 2 days.
Amazon.com has broken through a support line. Because we have seen it retrace from this price in the past, one should wait for confirmation of the breakout before trading. It has touched this line numerous times in the last 8 days and suggests a possible target level to be around 81.31 within the next 15 hours.
Dropbox Inc is heading towards a line of 21.98. If this movement continues, the price of Dropbox Inc could test 21.98 within the next 9 hours. But don’t be so quick to trade, it has tested this line numerous times in the past, so this movement could be short-lived and end up rebounding.
Apple has broken through 125.52 which it has tested numerous times in the past. We have seen it retrace from this price in the past. If this new trend persists, Apple may be heading towards 122.89 within the next 17 hours.
Coinbase has experienced an exceptionally large movement higher by 11.97% from 33.75 to 37.79 in the last 2 days.
Bank of America has moved higher after 5 consecutive daily candles from 32.53 to 34.32 in the last 9 days.
Those of you that are trend followers are probably eagerly watching Blackberry to see if its latest 15% move continues. If not, the mean-reversion people out there will be delighted with this exceptionally large 6 days move.
Apple has moved lower by 14.79% from 146.62 to 124.94 in the last 31 days.
Amazon.com is moving towards a line of 87.22 which it has tested numerous times in the past. We have seen it retrace from this position in the past, so at this stage it isn’t clear whether it will breach this price or rebound as it did before. If Amazon.com continues in its current trajectory, we may see it move towards 87.22 within the next
Alibaba has broken through 90.67 which it has tested numerous times in the past. We have seen it retrace from this price in the past. If this new trend persists, Alibaba may be heading towards 94.97 within the next 2 days.