Rough Rice: Rebound from Up Trend Support
Rough Rice Commodity looks like rebounding from Up trend support with an Inverted Hammer. Opportunity to Long.
Rough Rice Commodity looks like rebounding from Up trend support with an Inverted Hammer. Opportunity to Long.
Original post by Marubozu from My Stocks Investing Journey
GLD is in the process of forming a Double Bottoms after rebounding from the support at about $109-$110 with an Inverted Hammer (with bullish confirmation). GLD is currently facing the previous neckline resistance ($115) of Inverted Head and Shoulders. There are a few more resistances ahead ($117 & $122) to clear to confirm the long term down trend reversal.
AAPL rebounds with an Inverted Hammer and Morning Star at 38.2% Fibonacci Fan. Expect AAPL to continue the rally into Christmas period and join the Santa Claus Rally.
See past AAPL Fundamental Analysis and Intrinsic Value here.