Daily reviews

#HEI

The general trend is descendant. Ascendant wave structures are truncated. Awesome Oscillator indicates bearish divergence, and Stochactic Oscillator signals overbought conditions. The share is traded between 356 and 135 moving averages.

Trading idea:

Sell when the descendant wave structure forms, where the wave (A) breaches through the pivot 2 …

The general trend is descendant. Bears have tested the bottom border of the descendant price channel. Stochastic Oscillator indicates oversold conditions, which points to a possibility of an ascendant movement to a top border of the descendant price channel and the mirror level 0.6590.

Trading idea:

Sell from the mirror …

News of the day, Friday, April 29

Apple ($AAPL) reported a successful quarterly report. The revenue grew about 9% year over year. Apple’s earnings per share reached $1.52, which was higher than the forecast of $1.43 per share. The company’s gross margin expanded to 43.7% from 42.2% in the previous …

Gold started with a bullish rebound movement to the upside. It broke the resistance level 1890.80 and reached the next resistance 1905.00, forming several attempts to breach it at the moment of writing this report. The support for this movement comes from the 20 EMA that was moving with the …

The GBP/USD started correcting the downside path after breaking the resistance level of 1.2500 and reaching the level of 1.2470. In general, the continuation of the bearish trend remains the most likely during today's trading, and the fun is to extend to the level of 1.2400 and then 1.2350.

The …

#GM

The general trend is ascendant. The descendant wave structure is truncated. The support level 37.54 restrains sellers. The false breach of the level has formed. Awesome Oscillator indicates bullish divergence, and Stochastic Oscillator signals oversold conditions.

Trading idea:

Buy when the ascendant wave structure forms, where the wave (A) …

The trend is ascendant. The currency pair is traded between 365 and 135 moving averages. The descendant structures of H2 and M15 levels are truncated. Awesome Oscillator indicates bullish divergence.

Trading idea:

Buy when the ascendant wave structure forms, where the wave (A) breaches through the pivot 2 of the …

News of the day, Thursday, April 28

Meta, Facebook’s parent company, reported its Q1 earnings, meeting the revenue outlook but missing on earnings per share. The company’s shares increased by 13% after the report. Unlike its historically bad Q4, Meta added users — daily active accounts increased by 4% to …

Gold broke the support level of 1890.00 and opened the way for a downside path that will extend to the level of 1846.00 at the very least. Therefore, we expect more declines in the coming period.

The moving averages are pressing the price to continue the movement downwards, as it …

The GBP/USD pair has achieved all its bearish targets. And it reached the support 1.2520 after the strong downside movement that the price formed during this week.

The price is settling in the movement at the support level temporarily, and we are waiting for the price behavior at this level. …