Stoploss.ch

Stoploss.ch

Technical Market Research and Investor Coaching

Delivering technical research of the financial markets
and offering professional guidance for those who wish to improve their trading performance.

Chart Patterns

Triple Bottom

Pattern Description:

A triple bottom is a reversal pattern that displays three distinct minor lows at approximately the same price level. It generally takes at least three months to form and the longer the support levels hold, the more convincing is the eventual break above resistance. Ideally, the break to the upside should be accompanied with a significant rise in volume.
Triple Bottom

Featured Video

How to use the Metastock Forecaster

In this video we show you how to use the Metastock Forecaster.

Featured Article

Could A 'Transaction Tax' Be A Good Thing?

by Lance Roberts
Summary Over the years, I've heard from several clients who have had trouble disciplining themselves from trading too frequently. Free trading may save you money on trading costs, but if it causes you to trade rashly, your returns may suffer. As a fiscal conservative, I'm not too fond of taxes of any sort. I am a firm believer in "free markets." I recently discussed why "Free, Isn't Really Free" regarding the retail investor. While "free...
Read more...

Technical Review

Why numerous institutions are raising price projections for Paypal.

2024-08-21 by Tim Straiton

From a technical perspective, the price has now broken above the upper Kumo on the weekly Ichimoku chart.

Recent activity on the daily Elasticity2 system has produced profitable long trades with this stock.

The 29 day exponential moving average is rising and it seems likely that a death cross can be avoided with both the 50 and 200 day moving averages moving to the upside.

For the next fiscal year, the consensus earnings estimate of $4.89 indicates a change of + 10.8% from what Paypal is expected to report a year ago. Over the past month, the estimate as changed + 5.3%.


Disclaimer

Our opinions are not a recommendation to buy or sell a security. Your decision whether or not to open a transaction should be based on your own due diligence and not on any representation we make to you.

Featured Site

MTSt Markets

Site Description:

MTS is Europe’s premier electronic fixed income trading market, with over 500 unique counterparties trading European government bonds, quasi-government bonds, corporate bonds, covered bonds and repo, and with average daily volume exceeding EUR 85 billion.
http://www.mtsmarkets.com