On the chart we can see the rising wedge pattern which is a typical bearish formation. We can observe regular bearish divergence which signifies buyer exhaustion. Enter the short position once the breakout occurs. In order to avoid the false breakout, look for the volume increase.
Mexico - Mobile. 9.7% upside from yesterday close, conservative.
Plasto Cargal Group ltd - is a manufacture carton and flexible packaging products. Return on equity: 2020: 8.7% 2021: -1.4%
Automat Motors ltd - is an indirect import and marketing of vehicles company. Return on equity: 2020: 43.6% 2021: -244.2%
Fugro N.V. provides geo-data information through integrated data acquisition, analysis, and advice for infrastructure, energy, and water industries. It offers marine geo-consulting, marine geo-technics, geophysical survey, metocean surveys, marine environmental, and hydrographic survey services. The company also provides geotechnical ground investigation,...
Shows breakout potential if it builds above 170 zone....might be good for another 100 pts or so.
IF it closes below 159, I expect downtrend to start and accelerate below 150. Confirmation is needed, but if the overall market weakness continues, or if the relief rally pushes up to ATH, this would be a good value on the short side.
AMX AMX is going up! 1st Objetive up to +19,00 Then 2nd objetive +23,00 to +26,00 MACD and RSI on our side! High resistance point reached, now we go up! Great for 1st objetive +12,37 to +19,00 means +53,59% in USD. Have a Nice Day!
EURONEXT:BFIT is making a beautiful ascending triangle on a good volume. This is my top pick to watch and go long because it has enough fuel left. Lost over 70% of its value because of the Coronavirus but it's a great growth company (successful gym business in Europe). You can trade Basic-Fit on the Dutch Euronext stock Exchange (Amsterdam).
AMX is hitting resistance as you can see the market has the potential to come back down first before going up. if the market can break and close above i will look to renter
Amex Weekly Broke Out of From The Down Trend Line Taking Out Some Major Highs, Now The Market Has Retraced and Created A Bullish Engulfing Candle Stick Formation With A Counter Trend Line Break. On The Smaller Time Frame You Can See That The Market Have Retested The Weekly Candle Formation And Is Expected To Move Up Bullish, If the Market Decides to Fall More I...
Brand new IPO stock EURONEXT:ADYEN is forming a pennant. It can go either way from this point so do only trade it after a breakout. I'm not planning to trade Adyen in the near term because there are big risks involved: Newly listed stocks can do wild things, so use a tight stop loss. The free float of this stock is very low. All shares are allocated to...