This move is a reversal from the day prior, which saw price move down.

This is the 2nd hour in a row ino has seen its price head down.

The moving averages on the daily timeframe suggest a bullishness in price, as the 20, 50, 100 and 200 are all in a bullish alignment meaning the shorter durations are above the longer duration averages, implying a sound upward trend.

The moving averages on the daily timeframe suggest a bearishness in price, as the 20, 50, 100 and 200 are all in a bearish alignment meaning the shorter duration moving averages are below the longer duration averages, implying a stable downward trend.

If youre a trend trader, consider that the strongest clear trend on the daily chart exists on the 100 day timeframe.

Its been a feast for bulls operating on the daily timeframe, as evr has now gone up 4 of the past 5 days.

Of note is that the 20 day changed directions on iipr; it is now pointing up.

Regarding the trend, note that the strongest trend exists on the 50 hour timeframe.

This is a reversal of the price action on the previous day, in which price moved up.

This is a reversal of the price action on the previous day, in which price moved up.

If youre a trend trader, consider that the strongest clear trend on the hourly chart exists on the 100 hour timeframe.

This is a reversal of the price action on the previous day, in which price moved up.

The moving averages on the daily timeframe suggest a bearishness in price, as the 20, 50, 100 and 200 are all in a bearish alignment meaning the shorter duration moving averages are below the longer duration averages, implying a stable downward trend.

Regarding the trend, note that the strongest trend exists on the 20 day timeframe.

Regarding the trend, note that the strongest trend exists on the 20 day timeframe.