We have reason to think that NIKE will break its resistance, to substantiate this let's look at the past of this action. The shares were in an upward channel (orange lines) of 9 months, with 4 confirmations in the resistance and 4 confirmations in the support in this period.
This channel suffered two particular moments:
The results of March 22 (Blue...
As we have seen in the chart, we had a short support (Yellow Line) with 5 confirmations (Green Circles) for 5 months that broke today, with the value of UNH shares falling well below what is expected for today.
The fundamental question here is to know if the value of the stock will continue to fall, until when it will continue to fall or if it begins to...
As we can see in the graph, the value of the VISA shares is in an upward channel (Yellow lines) , the support has 6 confirmations and the resistance has 4 confirmations (Marked with green circles) .
In addition, the current behavior of the value of this stock is cyclical, we have periods of high growth (blue square) and periods of low growth (red square)...
