Twitter has seen a lot of news coverage for weeks now and there seems to be no end in sight. The latest news is that Twitter is suing Musk for backing out of deal. How will it all play out in terms of price? Probability favors more downside action. Look at the major support at …
Continue reading “Twitter – No Deal on the Elon Musk Buy Out. How to Trade it Now?”
Ever since from our last update, the market indeed have been going sideways. There is clear resistance in the 3950 zone. While support has been rising and being tested. If we break below 3740, then we should continue the down trend. Where is the Stock Market Going Next? Our prediction is down. We still have …
Continue reading “Stock Market Sideways As Anticipated – What Happens Next?”
End of week of 6/24/22, and we have ended the week with strong bullish action. This is a great sign for a multi-week run back to the upside. In our opinion, we’re looking for long opportunities cautiously as we are going against the intermediate trend. Let’s look at the weekly chart below What will the …