Technical Observation:
For almost three weeks now, this American multinational insurance corporation shares has been rallying around a key weekly support line 58.97. This is a potential buy place for this share and while the price is still above it, I'm waiting for a buy signal to buy this share with my take profits set at 65.10 and 67.15. should a breakout below 58.97 is seen, then I'm waiting for breakout below 57.15 to confirm a bearish momentum towards 51.00. As it is on the weekly chart above, I can only advice looking for a long position with a stop loss below last week's lowest low. 57.95 and a take profit set at 67.15.
Trade Signal.
Buy AIG Shares now with your take profit at 67.15.
Reuters Sell Signal
Technical Observation:
Since 3rd November until now, the price of reuters has remained below the resistance zone 44.85-44.62 and is showing signs of continuing even lower during this week. Following the multiple exhaustion candles seen last week on the daily chart, I expect a spike to the lower side and may breakout below the support line 43.34. This being the case, I expect a decline towards 42.35 and lastly 40.00. As it on the daily chart above, only a short position looks more ideal, but, if the price breakout above 44.85, then we expect the gap that was seen previously to be filled, meaning the price could continue upwards 46.90 or even higher tp 48.40. My advice, look for a short position now towards 41.14.
Trade Signal
Short now towards 41.14.
Bulls still fully charged
Technical Observation
Since the previous analysis, Bitcoin continues to remain confined above the three moving averages and not showing any signs of breakout below them. Unless the price clearly breach below these moving averages especially below the lower 50 moving averages, I expect a momentum towards $50,000.00. On the 4 hour, daily and the weekly charts. This Cryotocurrency is still on it's way to the upper side and may smash above the previous highest record of 17900,.00. As it on the 4 hour chart above, its only good and wise to look for a long position with your take profit as said above, $50,000.00. My advice, buy Bitcoin now towards $50,000.00.
Trade Signal.
Buy Now towards $50,000.00.
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