ARTICLE SYNOPSIS...The pullback rally has turned sideways in between the two Fibonacci retracements levels for the biotech index. This support-resistance area is also intercepted by the moving average hurdle.
ARTICLE SYNOPSIS...After hitting a 52-week high, Cypress Semiconductor marched toward a crucial resistance level. An ascending channel that formed during an upward rally shows new trading strategies.
ARTICLE SYNOPSIS...Identifying Crucial Support And Resistance Levels One tenet of technical analysis is the concept of support and resistance. In it, markets stop declining, thereby establishing a support level. A resistance level is set when a rally completes its rise. S
ARTICLE SYNOPSIS...RDWR is ready to give a bearish moving average crossover signal and also stand on the support, which when violated may lead to a downtrend.
ARTICLE SYNOPSIS...After a short-term bearish reversal pattern appeared on the daily chart, the Russell 2000 Small Cap Index turned weaker. The recovery is likely to be sluggish.
ARTICLE SYNOPSIS...The declining rally of the Light Crude Oil Index has retraced towards robust supports. Will the index surge or break support?