RE: US Stocks Breakouts & Breakdowns - SP500, NYSE, & Nasdaq Stock Charts
Bitcoin. Not something I look at normally, but the 2 hour chart had a Stage 2A breakout this week with good relative volume and strong RS. So I had a look at the weekly chart and it is attempting to invalidate the recent Stage 4 breakdown. So one to watch going forward as it could recover and change to Stage 1 with potential for a move into Stage 2. But would have to move quite far from current position or consolidate for a while to forma lower high to breakout from.
Could be another possible alternative asset class to Stocks, like Gold and Bonds are.
isatrader
Fate does not always let you fix the tuition fee. She delivers the educational wallop and presents her own bill - Reminiscences of a Stock Operator.
Fate does not always let you fix the tuition fee. She delivers the educational wallop and presents her own bill - Reminiscences of a Stock Operator.