Is this PGM's last hope before it descends into the depths of Hell?? :) In order to defend its Weekly higher low pattern PGM needs yet another bounce off its 200 Week moving average. It has closed below the moving average with every other moving average shot. 50, 100 day etc sma ema.. The Daily RSI is almost oversold but not just yet which could merit a bounce...
Bot is showing strength forming higher low after higher low. It just broke two big resistances on high volume. Daily Rsi is a little hot so waiting for a small pull back and a bounce of the 20-day EMA for confirmation. Upside potential on this is larger long term. potential buy 12.5 , 13 stop at 11
RFN is currently trading above the 26 period EMA which it historically used as a support/resistance. The 12 and 26 period EMA has crossed with sellers drying up on the pull back. Gives a potential Bull flag on Weekly chart. Look for Bear MACD cross on daily for an indication of a further pull back. Tight stoploss @ 16 and long term target marked with T1,2,3,4...
$0.0415 about to drop out of weak support Took my medicine(loss) a while back, looks grimm
Looks ready to actually move now Pnf completed See chart for target notes
ASX is testing our first resistance at 5989.2 (horizontal swing high resistance, 76.4% Fibonacci retracement) and a strong reaction might occur below this level, pushing price down to our major support at 5871.9 (horizontal swing low support, 38.2% Fibonacci retracement). Stochastic (89,5,3) is also seeing a bearish divergence and is approaching our major...
ASX is approaching our first resistance at 5989.2 (horizontal swing high resistance, 76.4% Fibonacci retracement). A strong reaction might occur below this level, pushing price down to our major support at 5871.9 (horizontal swing low support, 38.2% Fibonacci retracement). Stochastic (89,5,3) is also seeing a bearish divergence and is approaching our major...
ASX is held up by its ascending support line where a potential bounce on weakness at 5873 (100% Fibonacci extension 23.6% Fibonacci retracement, horizontal swing low support) could occur. Price could rise all the way up to its resistance at 5941 (61.8% Fibonacci extension, horizontal swing high resistance) or to 5987 (100% Fibonacci extension, horizontal swing...
ALL hitting channel resistance . Shorting some via Warrants
ASX is approaching its resistance at 5911 (76.4% & 61.8% Fibonacci retracement, horizontal overlap resistance) where it could potentially drop to its support at 5823 (38.2% Fibonacci retracement, 61.8% Fibonacci extension). We have also identified another resistance at 5951 (100% & 61.8% Fibonacci extension, horizontal swing high resistance). Stochastic (55, 5,...
Nice close friday, but my take would be distribution. The more i look, the more conflicted i get. Either ride it to resistance..if it makes it, or watch and wait.
CLL currently defending 100 day MA. Volume also dried up common occurrence before a Bull volume hit. To be more cautious wait for a break over the EMA and close above on the 1 hour timeframe Bullish indicators 100 day MA Support RSI Higher lows on same price level. Buy 0.13 T1 14.5 T2 15.5 T3 17 SL .12 (tight stop)