Category: TECHNICAL NEWS

GBP/USD Technical Analysis: Awaiting Important Data

Yesterday, the British government announced a number of new and comic restrictions in some places on the freedoms of companies and families, while it says that they are precautionary measures to contain an increasing second wave of Coronavirus infections.

The recovery of the dollar, anxiety about the future of Brexit, the possibility of imposing interest rates, and the re-closure of the British economy are all factors that contributed strongly to the collapse of the GBP/USD to the 1.2710 support. This is its lowest level in two months, before stabilizing around 1.2740 at the time of writing and before the announcement of important economic data. The bears’ control is still the strongest, and the pair may be exposed to more selling if the above factors persist. Yesterday, the British government announced a number of new and comic restrictions in some places on the freedoms of companies and families, while it says

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Trying to Hold Top of Important Long-term Structure

Nasdaq 100 Technical Highlights:

• Channel break risk climbing along with March low retest potential

• If bottom of channel can hold, though, slide can stay contained

The Nasdaq 100 just pulled back near an important area of big-picture support via the top of the decade-long channel it left behind back in July. It is viewed as an important structure given its prevalence as support and resistance at times over such a long period of time.

When price exceeds the top of an upward sloping channel a couple of different things often happen. In one scenario we will see a smallish ‘overthrow’ where price rises for a relatively short period of time before momentum stalls and leads to a decline back inside the channel. At which time a full-on reversal can develop in the wake of a failure to maintain the trajectory. The overthrow is viewed as a sort of

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Technical Discussion: The rest of this week will feature warm but dry weather! | News

WEDNESDAY RECAP…

After a chilly and frosty start to the week, warm weather returned to Connecticut today! Temperatures reached the upper 70s and lower 80s in many locations this afternoon thanks to plenty of sunshine and a dry northwesterly breeze. Even the shoreline was warm due to the land breeze.  In fact, Bridgeport was on of the warmest places in the state with a high of 82 degrees.  The fact there is very little moisture in the soil due to the ongoing drought probably gave temperatures an extra boost.

For the Greater Hartford Area, the average (normal) high for September 23rd is 72 degrees.

THIS EVENING & TONIGHT…

The sky will be mainly clear, and the northwest wind will diminish after sunset. Temperatures will fall back through the 70s then into the 60s this evening, and overnight lows will be in the upper 40s and 50s.

TOMORROW & FRIDAY…

The

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eBay’s Technical Correction Could Last Longer

Here’s what Jim Cramer had to say about one of the stocks that callers offered up during the Mad Money “Lightning Round” Tuesday evening, namely eBay (EBAY) : “eBay is chronically undervalued,” he said. 

 

Let’s check on the charts and indicators. 

 

In this daily bar chart of EBAY, below, we can see that prices more than doubled from their March low to the early July high. From the July zenith prices have worked lower and have tested some support from June in the $50-$47 area.

 

The slope of the 50-day moving average line is now negative but the slower-to-react 200-day moving average line is still rising.

 

The On-Balance-Volume (OBV) line has been weakening since the middle of July and that tells us that traders have shifted from being aggressive buyers to aggressive sellers.

 

Earlier this month the Moving Average Convergence Divergence (MACD) oscillator slipped below the zero line for an

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Clarification to Technical Disclosure – MarketWatch

The MarketWatch News Department was not involved in the creation of this content.

September 22, 2020 (ACCESSWIRE via COMTEX) —
VANCOUVER, BC / ACCESSWIRE / September 22, 2020 / Blue Lagoon Resources Inc. (the “Company”) (CSE:BLLG)(FSE:7BL)(OTCQB:BLAGF) announces that, as a result of a review by the British Columbia Securities Commission the Company is issuing the following news release to clarify its technical disclosure with respect to the independently prepared technical report titled “Preliminary Economic Assessment Dome Mountain Mine British Columbia, Canada” dated July 13, 2020 (the “Dome Report”).

The BCSC staff have informed the Company that it has identified a number of examples where the Dome Report does not comply with the requirements of National Instrument 43-101 Standards of Disclosure for Mineral Projects (“NI 43-101”) and the requirements of Form 43-101F1 Technical Report (“Form 43-101F1”). As a result, the Company’s preliminary economic assessment is not supported by a compliant NI

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Meet the talented lady responsible for GrooveGaming’s technical projects

GrooveGaming have selected a talented woman as their Technical Project Manager, Tal Gabriel, who is responsible for the technical projects of one of the biggest content platforms on planet earth.

Diversity and inclusion are major corporate priorities for GrooveGaming, especially as the company continues to expand internationally serving a wide range of clients and partners. To fulfill the company’s vision, it is vital to choose diverse talent with the current GrooveGaming workforce being approximately 70% women. Given the aggregator’s innovation profile, this is achieved and sustained by the combination of perspectives from a diverse workforce and good partners. Gender equality and women’s empowerment are a primary focus area for GrooveGaming’s diversity and inclusion initiatives.

GrooveGaming’s 6-Continents Strategy from the get-go was predicated on data empowerment and capacity-building as a transformational company that realised that by increasing local marketing capability while instilling better services, processes and disciplines centrally, would have significant

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Gold Resource Corporation: Assessing For Technical Damage After The Drop (NYSEMKT:GORO)

It’s been a tough couple of months for the Gold Juniors Index (GDXJ), as several gold stocks have suffered double-digit declines despite a barely 10% drop in gold price (GLD). One of the hardest-hit names has been Gold Resource Corporation (GORO), a junior gold producer operating out of both Mexico and Nevada. The good news is that the valuation has finally improved below $3.50, and we should see a much better FY2021 as we saw a production shortfall in Q2 due to shutdowns, and the company is finally heading towards higher-grade ore at Pearl. However, given the weak technical picture and relative weakness vs. the sector, I would view any rallies above $4.35 before year-end as selling opportunities.

(Source: Company Presentation)

Gold Resource Corporation just came off of one of its most challenging quarters in a couple of years, with its gold-equivalent ounce [GEO]

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StockCharts.com Launches New Interactive, Full-Screen Advanced Technical Charting and Trading Platform: StockChartsACP

REDMOND, Wash., Sept. 23, 2020 /PRNewswire/ — StockCharts.com has announced the official launch of its new interactive, full-screen Advanced Charting Platform: StockChartsACP. Designed to bring online investors a dynamic, ultra-flexible, all-in-one charting package, the platform is the next generation of StockCharts technology and arguably the company’s most significant new feature addition since the launch of its legacy charting workbench SharpCharts.

StockChartsACP features a highly interactive, customizable user experience with multi-chart layouts, real-time streaming data and dozens of indicators, overlays and exclusive plug-ins from a variety of renowned technical analysts.

On Sept. 22, as part of the launch, the company presented a unique two-hour live-streamed launch event on its 24/7 web TV channel StockCharts TV. The event was jointly hosted by StockCharts founder and President Chip Anderson, Vice President of Operations Grayson Roze and Chief Market Strategist David Keller.

Titled “Introducing StockChartsACP: The Future of Technical Analysis,” the

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OceanaGold Announces Results of Updated Haile Technical Report

/NOT FOR DISSEMINATION OR DISTRIBUTION IN THE UNITED STATES AND NOT FOR DISTRIBUTION TO US NEWSWIRE SERVICES./

(All financial figures in US Dollars unless otherwise stated)

BRISBANE, Australia, Sept. 23, 2020 /CNW/ – OceanaGold Corporation (TSX: OGC) (ASX: OGC) (the “Company”) is pleased to announce the completion of the Haile Gold Mine (“Haile”) National Instrument 43-101 Technical Report (“Technical Report”). The Haile Technical Report will be filed on SEDAR and with the Australian Securities Exchange within 45 days.

Note that all Haile Technical Report forecasts are based on Mineral Reserves only. The results of the Technical Report are not to be used as formal guidance. The Company expects to provide formal annual guidance for production, costs and capital based on Board approved budgets in the first quarter of 2021.

Key Highlights

  • Life of mine extended to 2033 based on Mineral Reserves only
  • Reserve Gold Price Case (“Reserve Case”)
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Tech Football Team Travels To Syracuse For First Time

You can’t really ask for a better collegiate debut than the one Jahmyr Gibbs had last week against the UCF Knights. For a true freshman, the numbers are just staggering. 219 all purpose yards. That bears repeating, 219 all purpose yards. This includes a 75 yard kickoff return on the game’s opening play. He averaged 4.4 yards per carry and also had 60 receiving yards, oh, and as if that were not enough, he had two touchdowns. Very impressive debut. Without any doubt he is well deserving of the ACC Rookie of the Week honor he received for Week 2. This follows true freshman Jeff Sim’s similar recognition received in Week 1. Congratulations to Gibbs and Sims.



a close up of a person wearing a helmet


© Photo by Carmen Mandato/Getty Images


You have to respect Chris Martin for his decision to step away from football. He made the decision earlier this year and informed head coach Geoff Collins

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