China’s regulation to close the Bitcoin exchange accounts by April 15. With this passing, does that means that the selling has stop? 1. Resistance at $501 from Chikou Span 2. Current trend bearish; below kumo 3. Leading kumo flattening; suggest consolidation.
TiVo ($TIVO), make its mark when they launched the first digital recorder more than a decade ago. They had ride the trend when demand for their box surge and at the same time cost of components fell. With the success of Netflix, and upcoming challengers varying from Apple, Amazon and Google, it seems… Continue reading $TIVO : Breaks kumo support. Bearish trend confirmed.
Twitter ($TWTR) gap down on reports that its user base growth is slowing down. On the Ichimoku chart which is hardly form, this is probably the typical post IPO selloff. Should it have a counter-trend rally, the leading kumo forms a resistance at around $56.77