Support and Resistance Levels: Support Levels: These are price points (green line/shade) where a downward trend may be halted due to a concentration of buying interest. Imagine them as a safety net where buyers step in, preventing further decline. Resistance Levels: Conversely, resistance levels (red line/shade) are where upward trends might stall due to increased selling interest. They act like a ceiling where sellers come in to push prices down. Breakouts: Bullish Breakout: When the price moves above resistance, it often indicates strong buying interest and the potential for a continued uptrend. Traders may view this as a signal to buy or hold. Bearish Breakout: When the price falls below support, it can signal strong selling interest and the potential for a continued downtrend. Traders might see this as a cue to sell or avoid buying. MA Ribbon (EMA 20, EMA 50, EMA 100, EMA 200) : Above EMA: If the stock price is above the EMA, it suggests a potential uptrend or bullish momentum. Below EMA: If the stock price is below the EMA, it indicates a potential downtrend or bearish momentum. Trendline: A trendline is a straight line drawn on a chart to represent the general direction of a data point set. Uptrend Line: Drawn by connecting the lows in an upward trend. Indicates that the price is moving higher over time. Acts as a support level, where prices tend to bounce upward. Downtrend Line: Drawn by connecting the highs in a downward trend. Indicates that the price is moving lower over time. It acts as a resistance level, where prices tend to drop. Disclaimer: I am not a SEBI registered. The information provided here is for learning purposes only and should not be interpreted as financial advice. Consider the broader market context and consult with a qualified financial advisor before making investment decisions.
Support and Resistance Levels: Support Levels: These are price points (green line/shade) where a downward trend may be halted due to a concentration of buying interest. Imagine them as a safety net where buyers step in, preventing further decline. Resistance Levels: Conversely, resistance levels (red line/shade) are where upward trends might stall due to increased selling interest. They act like a ceiling where sellers come in to push prices down. Breakouts: Bullish Breakout: When the price moves above resistance, it often indicates strong buying interest and the potential for a continued uptrend. Traders may view this as a signal to buy or hold. Bearish Breakout: When the price falls below support, it can signal strong selling interest and the potential for a continued downtrend. Traders might see this as a cue to sell or avoid buying. MA Ribbon (EMA 20, EMA 50, EMA 100, EMA 200) : Above EMA: If the stock price is above the EMA, it suggests a potential uptrend or bullish momentum. Below EMA: If the stock price is below the EMA, it indicates a potential downtrend or bearish momentum. Trendline: A trendline is a straight line drawn on a chart to represent the general direction of a data point set. Uptrend Line: Drawn by connecting the lows in an upward trend. Indicates that the price is moving higher over time. Acts as a support level, where prices tend to bounce upward. Downtrend Line: Drawn by connecting the highs in a downward trend. Indicates that the price is moving lower over time. It acts as a resistance level, where prices tend to drop. Disclaimer: I am not a SEBI registered. The information provided here is for learning purposes only and should not be interpreted as financial advice. Consider the broader market context and consult with a qualified financial advisor before making investment decisions.
The couple was found dead in February. A medical investigation into the death of Oscar-winning actor Gene Hackman has revealed that he likely passed away one week after hantavirus claimed the life of his wife, Betsy Arakawa (via Variety).An update regarding the passing of the couple, which was deemed “suspicious” in …
An unknown number of individuals appear to have been laid off as well. Apex Legends developer Respawn has canceled an incubation project this week, and laid off an unknown number of individuals working on it in the process.This news was first reported by Insider Gaming, sourcing a now-unavailable LinkedIn post from a former production coordinator who wrote that “The unannounced …
Leaks at Battlefield Labs. It appears that some early gameplay footage of EA's upcoming Battlefield game has leaked online, following closed playtesting.As reported by TheGamer, a Twitch user named anto_merguezz appears to have streamed footage from EA's closed Battlefield Labs playtest, which allowed a small group of players to try …
And will Parasite writer/director Bong Joon-ho tease a Mickey 17 cinematic universe in a post-credits scene? (Nah...) Let's make this simple: You want to know if there are any post- or mid-credits scenes in Mickey 17. The answer is no! This is a credit-scene-free endeavor. Full spoilers follow!After achieving box office success, critical acclaim, and some huge Academy Award wins — including Best Picture, …
With a unique approach to weapon crafting, MercurySteam’s latest forges its own identity. When I sat down to play developer MercurySteam’s latest project, Blades of Fire, I expected something of a return to the studio’s Castlevania: Lords of Shadow games, updated with the modern stylings of God of War. An hour later I thought I was playing a Soulslike, albeit one where all …
Atomfall gave me a cricket bat, so I decided to hit every head in Britain with it. Join me on a violent journey through the English countryside, AKA: 90 minutes with Atomfall, the new survival-action game from Sniper Elite developer, Rebellion. I recently visited a pub in North London to have a pint and some hands-on playtime, and came away intrigued by Atomfall’s open-ended approach to mission …
One of Disney's oldest characters is making a comeback. Disney movie veteran Jon Favreau is working with the House of Mouse on a Disney+ series featuring classic animated icon Oswald the Lucky Rabbit.Details about the actor and director’s upcoming project come from a Deadline report, which says Favreau will be blending his live-action and animation skills …