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Stocks report by HY Markets

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Re: Stocks report by HY Markets

Postby HY Markets » Mon Mar 14, 2016 12:24 pm

HYMARKETS Stocks Report: Google Inc
β€’ Google broke resistance level 720.00
β€’ Likely to rise to 750.0

Google recently rose up with the sharp upward gap – breaking through the resistance level 720.00 (which stopped the earlier minor impulse wave 1). The breakout of the resistance level 720.00 is likely to accelerate the active minor impulse wave 3 – which belongs to the intermediate impulse (5) – which started earlier – when the price reversed up from the support zone lying between the pivotal support level 670.00, 50% Fibonacci correction of upward impulse from August and the lower daily Bollinger Band. Google is likely to rise to the next resistance level 750.0.

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Re: Stocks report by HY Markets

Postby HY Markets » Mon Mar 21, 2016 1:07 pm

HYMARKETS Stocks Report: Yahoo! Inc.
β€’ Yahoo rising inside C-wave
β€’ Likely to rise to 36.00 and 37.10

Yahoo has been rising in the last few trading sessions inside the C-wave of the intermediate ABC correction (2) from the start of February. The active C-wave started earlier this month – when the price reversed up from the support zone lying between the support level 32.00 and the former upper resistance trendline of the recently broken daily down channel from April of 2015 (acting as support now after it was broken in February). Yahoo is likely to rise to the next resistance levels 36.00 (which reversed earlier wave β‘‘) and 37.10 (target price for the completion of the active wave (2)).

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Re: Stocks report by HY Markets

Postby HY Markets » Wed Mar 23, 2016 1:59 pm

HYMARKETS Stocks Report: Intel Corporation
β€’ Intel broke multiple resistance levels
β€’ Likely to rise to 34.00

Intel has been rising sharply in the last few trading sessions inside the 3rd minor impulse wave of the intermediate impulse (3) from the middle of February. The active impulse wave (3) earlier broke the three consecutive resistance levels – 30.00, 31.00 (two previous upward targets set in our earlier forecast for this company) and 32.00. Each of these resistance breakouts accelerated the active minor impulse wave 3. Intel is likely to rise to the next resistance level 34.00 (previous monthly low from December).
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HY Markets
 
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Re: Stocks report by HY Markets

Postby HY Markets » Fri Mar 25, 2016 12:25 pm

HYMARKETS Stocks Report: Microsoft Corp
β€’ Microsoft rising inside impulse waves 5 and (3)
β€’ Likely to rise to 55.00

Microsoft has been rising in the last few trading sessions – breaking through the resistance level 52.60, which was set in our previous forecast as the likely target for the upward movement of this company. The price earlier corrected down from the strong resistance level 55.00 (high of the previous (B)-wave) to the support zone lying between the support level 53.00 and the 38.2% Fibonacci correction of the previous upward impulse from February – from where Microsoft immediately reversed up. The price is likely to rise in the active impulse waves 5 and (3) toward the aforementioned resistance level 55.00.

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Re: Stocks report by HY Markets

Postby HY Markets » Mon Mar 28, 2016 11:54 am

HYMARKETS Stocks Report: Amazon.com, Inc.
β€’ Amazon approached resistance level 583.00
β€’ Likely to rise to 600.00

Amazon recently reversed up from the support area lying between the support level 550.00 and the 38.2% Fibonacci correction of the previous sharp intermediate impulse wave (1) from the middle of February. The upward reversal from this support area completed the previous intermediate ABC correction (2), which belongs to the primary β’Έ-wave from last month. Amazon recently closed near the resistance level 583.00 (top of the previous waves (1) and B). If the price breaks above 583.00 – Amazon can then rise to the next resistance level 600.00.

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Re: Stocks report by HY Markets

Postby HY Markets » Wed Mar 30, 2016 2:50 pm

HYMARKETS Stocks Report: Facebook, Inc.
β€’ Facebook reached resistance level 115.00
β€’ Likely to rise to 120.00

Facebook yesterday closed above the strong resistance level 115.00 (which reversed the price with the daily Japanese candlesticks reversal pattern Evening Star Doji in February and which was set as the likely upward target in our previous forecast for this company). The breakout of this resistance level is likely to accelerate the active impulse waves 3, (3) – which belong to the primary impulse wave β‘’ from last year. Facebook is likely to rise to the next round resistance level 120.00. Buy stop-loss can be placed below the recently broken price level 115.00.

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HY Markets
 
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Re: Stocks report by HY Markets

Postby HY Markets » Fri Apr 01, 2016 1:06 pm

HYMARKETS Stocks Report: Microsoft Corp.
β€’ Microsoft reached resistance level 55.00
β€’ Likely to rise to 56.70

Microsoft yesterday closed above the resistance level 55.00, which was set in our previous forecast as the likely target for the upward movement of this company. The price previously rose with the upward gap inside the minor impulse wave 3 which belongs to the intermediate impulse (3) of the primary upward impulse β‘’ from February. Given the rising daily Momentum – Microsoft can be expected to rise further in the active impulse waves 3, (3) and β‘’ toward the next strong resistance level 56.70 (which reversed the price twice in December).

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HY Markets
 
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Re: Stocks report by HY Markets

Postby HY Markets » Mon Apr 04, 2016 1:54 pm

HYMARKETS Stocks Report: Coca-Cola Co/The

β€’ Coca-Cola broke resistance levels 45.50 and 46.00
β€’ Likely to rise to 47.00 and 48.00

Coca-Cola recently rose sharply – breaking through the resistance level 45.50, which was set in our pervious forecast as the likely target for the upward movement of this company. The breakout of this resistance level accelerated the active minor impulse waves (iii) and 3 (which belong to the intermediate impulse wave (3) from January, which earlier broke the major long-term resistance level 45.00) – leading to the latest breakout of the resistance level 46.00. Coca-Cola is likely to rise to the next resistance levels 47.00 and 48.00.

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Re: Stocks report by HY Markets

Postby HY Markets » Fri Apr 08, 2016 2:09 pm

HYMARKETS Stocks Report: Bank of America Corp.
β€’ Bank of America falling inside primary impulse wave β‘’
β€’ Likely to fall to 12.00

Bank of America has been falling in the last few trading sessions inside the intermediate impulse wave (3) of the primary impulse wave β‘’ – which started previously – when the pair reversed down from the resistance zone lying between the resistance level 14.00, upper daily Bollinger Band and the 38.2% Fibonacci correction of the previous sharp downward impulse from November of 2015. The price closed yesterday near the support level 12.70 (former high of wave (A) from February). If the price breaks below 12.70 – Bank of America can then fall to the next support level 12.00.

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HY Markets
 
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Re: Stocks report by HY Markets

Postby HY Markets » Mon Apr 11, 2016 12:18 pm

HYMARKETS Stocks Report: Facebook, Inc.
β€’ Facebook falling inside minor correction ii
β€’ Likely to fall to 105.00

Facebook recently reversed down from the pivotal resistance level 116.30 (which also previously reversed the price sharply with the daily Evening Start in February, as can be seen below). The downward reversal from the resistance level 116.30 created the daily Japanese candlesticks reversal pattern Dark Cloud Cover – which started the active minor correction ii. Facebook closed last session near the support level 110.00. If the price breaks below 110.00 – Facebook can then fall to the next support level 105.00 (low of the previous wave (b) from March).

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