Apple is heading towards 166.05 and could reach this point within the next 2 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.
Those of you that are trend followers are probably eagerly watching Airbnb to see if its latest 30.99% move continues. If not, the mean-reversion people out there will be delighted with this exceptionally large 21 days move.
Alibaba is heading towards 119.67 and could reach this point within the next 17 hours. 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.
Berkshire Hathaway is heading towards a line of 318.15. If this movement continues, the price of Berkshire Hathaway could test 318.15 within the next 13 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.
Airbnb has experienced an exceptionally large movement higher by 13.47% from 167.1 to 189.04 in the last 6 days.
The movement of Amazon.com towards 3189.74 price line is yet another test of the line it reached numerous times in the past. We could expect this test to happen in the next 2 days, but it is uncertain whether it will result in a breakout through this line, or simply rebound back to current lines.
For those of you that don’t believe in trends, this may be an opportunity to take advantage of an exceptional 31.59% move on Facebook. The movement has happened over the last 15 days. For those trend followers among you, you may think about riding this possible trend.
The breakout of Airbnb through the 177.00 price line is a breach of an important psychological price that is has tested numerous in the past. If this breakout persists, Airbnb could test 192.68 within the next 3 days. One should always be cautious before placing a trade, wait for confirmation of the breakout.
Boeing is heading towards a line of 223.18. If this movement continues, the price of Boeing could test 223.18 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.
Berkshire Hathaway is heading towards 306.49 and could reach this point within the next 2 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.
