Thank you for continue following us:) Strategy: Bullish Candlestick Chart Formation Swing Bias: Bullish. As the chart above shows the rounding bottom was formed in last three months. The stock price broke neckline at RM0.465 of the rounding bottom. An earlier signal was when the stock price broke RM0.435 sideway consolidation and at the same time made a...
SEDANIA - Rounding bottom formation, BB is slowly and steadily swinging further from MA200, indicating strength. Any chance the stock break above 0.235 shall unleash stronger momentum. Support is good at 0.22
GHLSYS Rst: 1.65 Spp: 1.53 Strong candle propelled above upper BB and at the same time departing further from MA200, indicators strength moving stronger. Expecting more upside.
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WILLOW Trend: Bullish Rst: 0.60 Spp: 0.555 Bullish engulfing candle pushed the stock above upper BB with the facilitate of MACD bullish crossover, more upside to unlock.
SEALINK - Highlighted this afternoon, the stock is completing rounding bottom formation and it's on the verge of breaking out from 0.485. Bullish engulfing candle and widening BB suggest the stock has chance to do so. Support level at 0.46 (corrected); resistance at 0.565 if breakout attempt success.
wait for the breakout of the neckline
YTLPOWR Rst: 0.785 Spp: 0.755 Highlighted on Monday, 0.755 is safe entry to set your foot. The stock is now affirming its breakout from MA200. Indicators continue to propel higher. The magnitude of surge in MACD suggest bullishness will continue to flourish.
WILLOW Rst: 0.52 Spp: 0.505 Still hovering between tight support and resistance region. View this formation positively as it's done above support level and came with relatively weak profit taking volume, meaning the stock is probably brewing for next up-cycle.
This ZIL/BTC chart shows a clear rounding bottom. Also, you will see in this chart that I have created a hot-cold wall to show the safe areas for a buy. Green being the safest and red being the most dangerous. This helps traders understand the more solid supports compared to others. If you are unfamiliar with rounding bottoms, the definition is below. As for now....
Zen now build Rounding Bottom , The rounding bottom chart pattern is an indication of a positive market reversal. You can wait to break 8000 and buy or wait the correction (look at the cahrt) But I think , firstly we will have a Correction and then Zen will go high and Breakout. The Targets are in the chart , Good luck)).
As described in the chart
$BBCP has caught our attention to what we see as a rounding bottom. The stock has been slowly climbing up the ladder and we think $BBCP has potential to keep climbing. On the fundamental side, insiders own 45% of the company and that caught our attention as well. $BBCP looks to be a nice setup at current levels. Concrete Pumping Holdings, Inc. provides concrete...
PTRANS Trend: Bullish Rst: 0.27/ 0.285 Spp: 0.25 Hammer candle helps reverse RSI & MACD northward, momentum remains strong except you need to careful of potential buying climax.
Potential Rounding Bottom Pattern. Disclaimer: We are not registered or licensed in any jurisdiction whatsoever to provide investing advice or anything of an advisory or consultancy nature, and are therefore are unqualified to give investment recommendations. Always do your own research and consult with a licensed investment professional before investing. This...
The gold miners' ETF is testing its downward trend line again today, and may be in the process of making a rounding bottom. Buy low in the crescent or watch for a bullish trend line break. Gold has been showing some strength due to Fed policies and dollar weakness. It could break out upward on news of either significant market weakness or a breakdown in the US dollar.
Good evening ladies and gents, this is a risky position to take as earnings are coming in 5 days. Despite earnings which I am personally not taking a position in this because of that reason alone, we are showing triple MacD Bullish Convergence as well as Triple RSI Bullish Convergence on the daily time scale. This asset has an overall good up trend, but bear...
CenturyLink has turned teal on the Gaussian Channel and is showing a rounding bottom in price action. Hidden bullish divergence is playing out right now, but I'd like to point out a looming golden cross possibly coming to this asset. I think it is highly likely we'll see further price action to the upside to the common retraces at the least. But with a golden...