The movement of Coinbase towards 179.00 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 12 hours, 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 exceptionally large amount of consecutive bearishcandles on Bank of America. The movement has happened over the last 12 hours. For those trend followers among you, you may think about riding this possible trend.
Blackberry has experienced an exceptionally large movement lower by 11.57% from 8.24 to 7.34 in the last 3 days.
Trend followers are probably eagerly watching Berkshire Hathaway to see if its latest 4 consecutive candles continues. If not, the mean-reversion people out there will be delighted with this exceptionally large 2 day move.
For those of you that don’t believe in trends, this may be an opportunity to take advantage of an exceptional 10.46% move on Apple. The movement has happened over the last 11 days. For those trend followers among you, you may think about riding this possible trend.
Bank of America is moving towards a line of 47.23 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 Bank of America continues in its current trajectory, we may see it move towards
Trend followers are probably eagerly watching Walt Disney to see if its latest 8 consecutive candles continues. If not, the mean-reversion people out there will be delighted with this exceptionally large 6 day move.
Berkshire Hathaway has broken through a line of 313.27. If this breakout holds true, we could see the price of Berkshire Hathaway heading towards 317.82 within the next 7 hours. But don’t be so quick to trade, it has tested this line numerous times in the past, so you should probably confirmation the breakout before placing any trades.
Procter & Gamble is heading towards 161.14 and could reach this point within the next 10 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.
Those of you that are trend followers are probably eagerly watching Dropbox Inc to see if its latest 6.79% move continues. If not, the mean-reversion people out there will be delighted with this exceptionally large 4 days move.