IONQ - BREAKOUT DOWN TRENDLINEIONQ - CURRENT PRICE 48.00 - 50.00
The stock is bullish as the share price is above 50-day EMA. The lows are getting higher - indicating demand is increasing.
The stock broke out down trendline - signaling bullish momentum. This bullish outlook is strengthened by positive readings in RSI (above 50 level).
ENTRY PRICE : 48.00 - 50.00
TARGET : 59.00 and 66.00
SUPPORT : 50-day EMA (CUTLOSS below 50-day EMA on closing basis)
Rsibullish
MU - POTENTIAL 52-WEEK HIGHMU - CURRENT PRICE : 118.89
The share price rises almost 111% from the bottom of 07 April 2025 to the high of 26 June 2025. Then the stock starts to pullback. It retraces at Fibonacci golden ratio of 38.2%. Last Friday the stock rises and closed as a bullish LONG WHITE CANDLE with high volume - indicating strong buying interest from investors/traders.
This bullish scenario is also supported by some other indicators such as :
1) Price above 50-days EMA
2) Price closes above ICHIMOKU CLOUD (KUMO)
3) RSI reading at 58.95 (above 50 considered bullish)
4) Price is trading near 52-week high level
With all the evidence mentioned above, now may considered as a buying opportunity. 1st target should be one- or two-dollar below the actual 52-week high resistance level.
ENTRY PRICE : 115 - 119
TARGET : 128 and 135
SUPPORT : 108
CELH - From BEARS to BULLSCELH - CURRENT PRICE : 57.82
After completing a bearish reversal formation in the shape of a Double Top , the stock broke down from the neckline and entered a prolonged downtrend phase. This weakness was confirmed by the Relative Strength Index (RSI) , which stayed consistently below the 50 level, indicating persistent bearish momentum.
Subsequently, the stock established a saucer (bottom reversal) pattern , signaling a gradual shift in sentiment from selling pressure to accumulation (indicating a slow accumulation phase rather than a sharp reversal). Although there was no distinct breakout point, the gradual price recovery signaled a shift in market sentiment. This transition is supported by the RSI moving above and holding above the 50 level, suggesting strengthening bullish momentum.
Additionally, the stock has recently bounced off an internal trendline , reinforcing a "buy-on-dips" opportunity within the current uptrend. With this setup, there's an estimated upside potential of around 9% toward retesting its 52-week high, making it a favorable technical setup for short- to medium-term traders. For ICHIMOKU CLOUD traders, take note also that the share price is trading above cloud since 17 March 2025.
ENTRY PRICE : 56.00 - 58.00
TARGET : 63.00 and 69.00
SUPPORT : 52.00 (CUTLOSS below 52.00 on closing basis)
Notes : INTERNAL TRENDLINES are variations of the trendline that don't rely on extreme highs or lows. Instead, internal trendlines are drawn through the price action and connect as many internal peaks or troughs as possible. Some chartists develop good eye for this type of trendline and find them useful. The problem with internal trendlines is that their drawing is very subjective, whereas the rules for drawing of more traditional trendlines along the extreme highs and lows are more exact.
SHOP - BULLISH SCENARIO since 12 MAY 2025 SHOP - CURRENT PRICE : 145.15
SHOP is bullish as the share price is above 50-day EMA. Price action on 12 MAY 2025 is considered starting of bullish scenario because supported by several key indicators :
Share price gap up
Price broke out 50-day EMA
Price moving above ICHIMOKU CLOUD
RSI moving above 50
From 1 August (near 50-day EMA support) to 6 August, the stock recorded a strong upward rally. Following this advance, prices entered a corrective phase and retraced approximately 50% of the prior upswing. According to Dow Theory, such a retracement is considered a normal and healthy correction within an ongoing uptrend. Retracements in the range of one-third to two-thirds of the prior move are typical, with the 50% level often serving as a natural equilibrium point where buyers re-enter the market. Sustaining above the 50% retracement level would reinforce the bullish structure, while a recovery from this zone could pave the way for a retest of the recent highs. However, a decisive break below the 61.8% retracement may imply weakening momentum and a deeper corrective phase.
Take note that until now the share price is still above 50-day EMA and ICHIMOKU CLOUD while RSI also moving steadily above 50 level. There is also rising support line - strengthening bullish outlook.
ENTRY PRICE : 141.00 - 145.50
TARGET : 159.00 and 175.00
SUPPORT : 50-day EMA (CUTLOSS below 50-day EMA on closing basis)
AFRM - NEW 52-WEEK HIGHAFRM - CURRENT PRICE :88.46
AFRM made a new 52-week high last Friday with burst in trading activity. The 52-week high resistance level near 82.00 - 83.00 is considered significant resistance level based on the share price history as it had been touched several times. One of the bullish signs for this stock is that the RSI is moving above 50 level steadily since 27 May 2025 - look at the red circle. Take note also that there is a rising support line - indicating demand is getting higher. There is possibility that the stock may trend higher in near term.
ENTRY PRICE : 83.00 - 89.00
TARGET : 97.00 and 104.00
SUPPORT : 78.00
Notes : For chart pattern lovers, look at the heliview chart (bigger picture). There is a CUP & HANDLE pattern !
HSSEB - ASCENDING TRIANGLE BREAKOUT !HSSEB - CURRENT PRICE : RM0.710
HSSEB is bullish because :
The stock is above 50-day EMA.
The share price is above ICHIMOKU CLOUD
CHIKOU SPAN is above CANDLESTICK
RSI is above 50
Today (20 August 2025) the stock broke out ASCENDING TRIANGLE pattern with high trading volume - indicating strong bullish momentum. The stock may trend higher in near term.
ENTRY PRICE : RM0.700 - RM0.710
TARGET : RM0.780 and RM0.845
SUPPORT : 50-day EMA (CUTLOSS if price close below 50-day EMA)