#kafein #EXCL - triple bottom, currently holding out and bouncing off the support at 2550 (StopLoss if below), targeting a minor swing rebound to 2800 +4.8% and targeting a triple bottom (TP) at 3370 +26%
February 23, 2022: Analisys EXCL: @Netral
Disclaimer:
This information is for educational purposes and is not an investment recommendation or representative of professional expertise. This analysis used herein is for illustration purposes only. This personal opinion should not be considered specific investment advice. I am not responsible for any trades, and...
Hello Enthusiast Stock Traders! Here's Long-Term outlook for EXCL, Please give us the thumbs up and support the channel by Smashing the FOLLOW button :)
EXCL has broken out of the bullish flag and retested the upper trendline. The MACD already crossed above the zero level area, it signify the potential upside movement ahead.
The roadmap will be invalid after...
WEAK SUPPORT AT 2950
WEAK RESISTANCE AT 3160
I PREFER YELLOW TRADING PLAN
Disclaimer:
This information is for educational purposes and is not an investment recommendation or representative of professional expertise. This analysis used herein is for illustration purposes only. This personal opinion should not be considered specific investment advice. I am not...
NB: DO MIND that These analyses I posted here are intended as my notes and not as investment recommendations or as financial advice! Please also note that you are always responsible for your own investments when trading on the stock exchange! The analyses are only based on my opinion and view. LETS CUANN!!!
EXCL seems to continue their rally after made a big consolidation as a bullish flag pattern appear. Buy on weakness should be your consideration with 3200 as it's objective target and 2150 as an invalidation
Recently, EXCL breakout minor trendline with high volume and also golden cross ema 5 & 20.
If we take look on MACD , also there is golden cross signal.
Are those pattern and signal good enough to make EXCL breakout the major trendline to be bullish trend?
Comment your thought below.
Excl has a potential of swing trading with a 1:2 risk/reward ratio. It can also be seen that excl are trying to make a pattern which is double pattern. Excl in this week will try to test the resistance in 2270 where if it breaks out, there can be a potential of going to 2400 where the next resistance are. Buy at the range of 2190-2200. Cut loss when price is below...
well, it is still potential currently which means that there are two possibilities, either the divergence is working (time to go up) or the divergence will be broken (it means that the price still going down to form another divergence). TBH, it is still too early to conclude anything right now. However, what we can get from this is that the downtrend is getting...
EFFECT 3-8 days possibly.
NB: DO MIND that These analyses i posted here are intended as my notes and not as investment recommendations or as financial advice! Please also note that you are always responsible for your own investments when trading on the stock exchange! The analyses are only based on my opinion and view. LETS CUANN!!!
