View On Cnmc Goldmine (13 AUG 2020)
This is one fine case that shows, there are many buyers on one side.
We are seeing $0.3 as a decent support and it may swing lower to $0.285-$0.29 region.
No hurry to buy in just yet.
You will need to wait for a STRONG Bullish candle to show up, before stepping in again.
DYODD, all the best and read the disclaimer too....
SIA stock might see and uptrend after breaking out of the falling wedge resistance.
Might reach recent high if the momentum continues.
The RSI also indicates oversold with RSI dipping to 30.
Disclaimer: Not and advice to Sell or Buy!!
1.Semicon themed stocks are in play
1.Expected improved company growth and earnings despite COVID-19
2. Management generous in their dividend payout in the past
3. High net margin (30%)
1. Broke and sitting at resistance of $1.
2. Uptrend for both 50MA and 20MA
By using Trend Analysis, we can see that there is breakout in the 3 company while REX INTL is on a verge of breakout.
These share price per unit is very affordable and has great potential to raise further.
If judging the MACD Indicator (12 , 26) and Exponential Moving Average (15 , 30), all four of them are showing signs of uptrend.
We maybe able to predict that...
Ascending Triangle is a continuation (bullish) pattern.
Odds for this pattern is for the stock to break to the upside eventually. Long between 2.30-2.35 with a stop a few ticks below the lower triangle line @ 2.27. A break up is confirmed only when it CLOSES above 2.41.
Let's see if this trade will work out!
Disclaimer: This is just my own analysis and...
Read the latest news here
You can say that the Covid-19 has hit the travel and tourism business hard, real hard. Those who have been to the casino knows the atmosphere is different from betting online. It is not just about the winning but the ambience, the people, the light and sound all curated into an exciting place for people to try their luck.
I dunno if...
1) This news contributed to the sell-down
2) I said previously to trade in the direction of the breakout in prices
3) Do not long until a bottom pattern has been reached, which could be as low as $13.60