Berkshire Hathaway has broken through a line of 312.01 and suggests a possible movement to 306.99 within the next 2 days. It has tested this line numerous times in the past, so one should wait for a confirmation of this breakout before taking any action. If the breakout doesn’t confirm, we could see a retracement back to lines seen in the last 17 days.
Alibaba has experienced an exceptionally large amount of consecutive bearish candles to reach a price of 113.04 in the last 5 days.
Trend followers are probably eagerly watching Airbnb to see if its latest 6 consecutive candles continues. If not, the mean-reversion people out there will be delighted with this exceptionally large 5 day move.
Berkshire Hathaway is heading towards a line of 316.17. If this movement continues, the price of Berkshire Hathaway could test 316.17 within the next 2 days. 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.
Mastercard is approaching the support line of a Support. It has touched this line numerous times in the last 8 days. If it tests this line again, it could do so in the next 8 hours.
For those of you that don’t believe in trends, this may be an opportunity to take advantage of an exceptionally large amount of consecutive bearishcandles on Google. The movement has happened over the last 2 days. For those trend followers among you, you may think about riding this possible trend.
Dropbox Inc has experienced an exceptionally large movement lower by 7.25% from 24.7 to 23.03 in the last 3 days.
Blackberry has experienced an exceptionally large movement lower by 27.64% from 8.9 to 6.65 in the last 40 days.
For those of you that don’t believe in trends, this may be an opportunity to take advantage of an exceptionally large amount of consecutive bearishcandles on Boeing. The movement has happened over the last 2 days. For those trend followers among you, you may think about riding this possible trend.
Airbnb is heading towards 165.00 and could reach this point within the next 3 days. It has tested this line numerous times in the past, and this time could be no different, ending in a rebound instead of a breakout. If the breakout doesn’t happen, we could see a retracement back down to current levels.
