TAIFEX:PWF1! is breaking out of the immediate resistance level of 0.74 now. Next hurdle is 0.76 and then possibly 0.86. These are my views and analysis and is only used for educational purposes. I am not a financial advisor. Nothing in the information posted here is intended to be or should be interpreted as trading advice.
Breaking the recent downward trend will be a challenging task, despite our strong support. Currently, we are below both the 200-day moving average (turquoise line) and the 50-day moving average (gray line), and we also need to surpass the RSI 50 level to initiate a strengthening. If the upward movement begins, we will face resistance at the 50-day moving average...
Currently Bottoming out and will probably be back above $300 within the next 3 month. *Oversold *Market Exhaustion *Resistance
GBP/USD SWING TRADE TO PLAY OUT OVER WEEK Linear regression channel hit w/bullish candle Waiting for 21 ema cross RSI O/S & Coming out MACD CROSS When all criteria met and in confluance we take trade. Long- 110.75 Tp-127.11 Sl-104.77 RR-1:3 Margin-100k/5%/5k Lev-3X
I am of the view that MYX:WCEHB might be seeing another leg up towards the 0.55 region. Base well supported, Stops would be the recent low at 0.475. These are my views and analysis and is only used for educational purposes. I am not a financial advisor. Nothing in the information posted here is intended to be or should be interpreted as trading advice.
Bearish RSI Divergence is evident on the chart. It would be a clearer indication if the RSI turns down making a lower high and price trades below the weekly low of 1001. If price trades below 1000 and if closes on the daily below that level, we could expect a target of 930.
MYX:TIMECOM awaiting a breakout of RM5.70 to the upside. Initial targets being RM5.95 with stops below RM5.58. These are my views and analysis and is only used for educational purposes. I am not a financial advisor. Nothing in the information posted here is intended to be or should be interpreted as trading advice.
MYX:SHH could be looking for another continuation to the upside. However risks are higher with this as liquidity is not too good. A break of 0.98 would possibly lead to targets of 1.06 and then 1.33. Lets see if I get it right These are my views and analysis and is only used for educational purposes. I am not a financial advisor. Nothing in the information...
MYX:YTL looks like it is flagging for a continuation pattern to the upside. If it manages to break 0.675, I am estimating next resistance to be around 0.69 and then if this level gets broken, 0.72. Similar moves to MYX:YTLPOWR which I posted earlier. These are my views and analysis and is only used for educational purposes. I am not a financial...
MYX:YONGTAI retook Friday's high and absorbed the selling pressure. I am feeling bullish that this name could see more upside in the near short term future with a target of 0.435 if 0.38 manages to break. Of course if 0.35 gets breached, the setup is invalidated. These are my views and analysis and is only for educational purposes. I am not a financial...
USOUSD today on the 15-minute chart dropped on a downtrend outside the Bollinger (lower) Band (49, ohlc,2) hit a Doji candle and then started the upward retracement. The RSI indicator shows relative strength hitting a bottom and bouncing up. RSI is about to go over 50. Price is currently below the high volume area with the POC line aligned with the basis...
AUDJPY on the 30-minute chart has had higher lows but also lower highs and may have a symmetrical triangle pattern. Price is currently at or above the following : (1) the POC line of the long-term volume profile (2) the mean line of the long-term anchored VWAP (blue line ) and the convergence of the EMA 200 ( red) and EMA 21 ( green). On the...
MYX:SEAL is flagging and pending a breakout to the top. I the close for today maintains above 0.42, I think possible targets towards 0.47 soon with stops at 0.40 These are my views and analysis and is only for educational purposes. I am not a financial advisor. Nothing in the information posted here is intended to be or should be interpreted as trading advice.
GOOG has had a good month thus far rising about 9% and relatively strong compared with QQQ ( black line on chart) as shown on this one-hour chart. The past couple of days it has rested in consolidation at the upper volume shelf on the profile. The stochastic RSI has the lines low below the oversold /undervalued line of 25 and "curling up" suggesting they...
If helps you, please like and share. #price_action FX:AUDNZD
After pulling back and consolidating, I am looking at MYX:SALUTE to stage another wave up. Trigger: 0.965 Stop: 0.87 Targets: 1.28,then 1.57 These are my views and analysis and is only used for educational purposes. I am not a financial advisor. Nothing in the information posted here is intended to be or should be interpreted as trading advice.
- ORCL is in a rising trend channel in the medium long term. - ORCL has broken a resistance level in the short term and given a positive signal for the short-term trading range. - There is no resistance in the price chart and further rise is indicated. - In case of a negative reaction, the stock has support at approximately 90. - RSI diverges negatively against...
#INDHOTEL is showing a multi-month breakout, and we're seeing some exciting potential for an upward trend. With strong support levels at 340-345, this could be the perfect opportunity to get in on the ground floor and watch those profits climb. Our analysts are predicting targets of 400, 433, and even 455+.