Facebook weekly review
Technical Observation:
According to the Aliigator trend indicator attached above, the shares of facebook shares are at the verge of rising in value. What we’re waiting for is for the green fast moving average to rise above the three other lines to pick a long term buy order towards 206.20. On its way to the upside, the key lines to loom for include 192.25, 199.25 and 203.90. If these levels are broken, then further momentum is expected towards the target set above. A break above this target could push price even higher towards 250.00 or even hgher.
Trade Recommendations:
Look for long term buy orders towards 209.25.
Gazprom weekly review:
Technical Observation:
Since September 2017, Gazprom shares has been increasing in value. Following the recent rise seen earlier this year, we expect nothing but a possible momentum further to the upperside. While the price is contained above the Alligator trend indicator shown above, we’re expecting further momentum to the upper side and should breakout above the highest high of all-time 256.80 towards 260.00 or even higher. As it is, we’re only interested in long term buy orders. Selling or holding onto a sell position on this pair looks more risky and may not be recommended.
Trade Recommendations:
Look for term buy orders towards 260.00
Gold weekly Review
Technical Observation:
Gold is currently trading with an increasing bullish bias momentum. While the price is contained above the Alligator Trend indicator marked above, we expect further momentum to the upperside. That is while the green fast moving average is above the other two moving averages , I expect A steep rise but should first retrace towards 1491.70. As it is, selling or holding onto a sell position on this commodity is risky and cannot be recommended. But in case of a break below the entire alligator indicator, then that will signal a good sell.
Trade Recommendations:
Look for long term buy orders.
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