This chart and analysis are not financial advice. Do your own research before trading or investing. 01. Cup and Handle Pattern: The white line represents a pattern called the "cup and handle," lasting about 130 market days. This pattern is considered strong and reliable in technical analysis. 02. Volatility Contraction Pattern Setup: The yellow markings...
SAMP is gradually ascending towards the established resistance level. A robust bullish trend is taking shape within the identified bullish channel on the daily timeframe. As SAMP approaches the resistance, it is prudent to await price confirmation before determining the next directional move.
Wait for a pullback and closely monitor the gap. Entry Point: 56-60 Profit Target: 75 Stop-Loss: 54 Disclaimer: The information and analysis provided in this publication are for educational purposes only and should not be construed as financial advice or recommendations to buy, sell, or hold any securities. The author and TradingView are not responsible for...
Disclaimer: This chart and analysis are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations. Do your own due diligence before trading or investing in any stock exchanges, Indices, Stocks, Forex, Crypto etc. CSELK:SAMP.N0000 SAMP The weekly chart created a CnH pattern. Additionally if used the...
Whilst the long term trend remains very much in favor of the buyers, traders should be looking to buy strength as prices have a successful move through the AVWAP from the most recent high. Right now, prices seem to be building up for another leg higher but our jobs is not to speculate but rather react as the market gives us good probability signals. Clearing...
seems 49 is a good support area for SAMP, currently being supported by dma50. However better to keep a stoploss at 48 incase of possible descending triangle in making. bulls keep an eye at RSI, breaking out that trendline might give and early signla
RSI seems to be on a bearish retest. 48 will be a really good price for Long term shareholders to come back in after XD tomorrow1
With the stock breaking out of the cup and handle pattern, it may reach the Fibonacci retracement 0.618 level. However, it may encounter resistance near the Fibonacci retracement 0.5 level and the ascending trendline. As the stock price continues to rise, it's best to regularly update the stop-loss to higher low levels on a shorter time frame chart, such as a...
Let's watch how SAMP is building up from its support base. An important breakout took place.