Yahoo Weekly Review
Since 2015 until now, Yahoo shares has been rising steeply, but late 2017, we saw a plunge to the lowerside and even went below the line 68.34. As at now, the price is above the same level. As long as the value of this company's shares remains above 68.34, we expect a possible rise to the highest high 81.45. And should price ascend above this level, then we'll expect a possible increase in momentum towards 90.00 and could breakout higher towards 100.00 or even higher. This view will only be invalidated in case the price breaks below 53.65.
Rebuy yahoo shares from 68.34.
Amazon weekly review
Since 2015 until now, the shares of this company has been in an active up trendline. Few weeks ago, the price went below the Envelopes Indicator and is still pretty much below this level. As long as the rice is supported by the trendline shown above, we expect a possible momentum to the upperside. As it is, we expect a decline towards this trend line to pick a long term buy. The anticipated bearish price rally is the continuation of the impulsive wave (c) but should not go below 1251.90.
Expect a steep decline towards the supportive trendline.
The shares of Exxon is currently trading within the expanding wedge formation. As long as the price remains within this shape formation, we're waiting for either a buy from the supportive trendline, or a sell from the upper trendline. We expect the current bullish price rally to be the continuation of a correction to the upperside but should be capped by the immediate trendline. As it is, we recommend looking for a buy order towards 82.75. and in case price breaks out higher, then we'll be looking for a long term buy.
Look for a possible buy order towards the upper trendline.
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