Gold and the U.S. Dollar – An Inversion of an Inversion
The latest forecast released last Monday from America’s second-largest bank–Bank of America Merrill Lynch (BAML)–was a bit unusual. BAML projected both strength in the US Dollar and precious metals. Why is this so unusual? The dollar and gold typically...
Cryptocurrencies – Support and Resistance Levels 7-11-18
Support and Resistance levels reflect nearest previous swing lows and highs Bitcoin (BTC) Market Cap 109B Support 5790.00 Resistance 6843.26 Ethereum (ETH) Market Cap 44.7B Support 404.22 Resistance 494.74 Ripple (XRP) Market Cap 17.6B Support...
Cannabis Stocks – Support and Resistance Levels 7-11-18
Support and Resistance levels reflect nearest previous swing lows and highs Canopy Growth Corp. (CGC) Market Cap 5.95B Support 27.27 Resistance 36.55 GW Pharmaceuticals (GWPH) Market Cap 4.093B Support 130.50 Resistance 157.00 Aurora Cannabis Inc....
How Thrust Bars Could Have Helped You Trade Canopy’s Upsurge
When price is undergoing a period of consolidation, it can be tricky to determine when and where, if at all, to go long. Sometimes, you might be able to see a clear base formation; a clear support and resistance level. Sometimes, the price levels will not be so clear....
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