Hi guys,
In this analysis I go through the GWA monthly chart.
With price having risen 70%+ since September '22 is it now able to brake the wall its now currently facing or is it wanting to find its way back to the 200ma.
The question now is price going to drop fast or muscle its way back into the higher range and flip the current resistance as support.
My...
Hi guys/gals,
I'll be walking you through my GAW analysis, I have worked from the monthly chart down to what you see here.
Tools I use:
Time based fib extension Fib retracement Colour coded rectangles Faces to show what I believe to be fear, neutral & greed sentiments Question marks Exclamation marks EMA/MA's
With Games Workshop having fallen under...
Bullish Divergence across multiple indicators, low money-flow, oversold on macro. Good long-term potential technically and fundamentally.
** NOT TRADING OR FINANCIAL ADVICE**
Classic fib driven demand areas on this chart. Very loyal to these levels. Present pullback has a high probability of a bounce in the 4000-4100 area. Fib level suggests 4070. I would look for this to move back to at least it’s ATH if not above on the next move up.
Price has a number of well defined historical boundaries. Firstly it is very respectful of the Bollinger Band bottom, top and mid. Se one we have a horizontal support atound 2800 carved out covering the full year 2018. This horizontal could be interpreted as a "neckline" as the overall chart structure resembles a large H&S, this line breaking would be bearish/a...
Strong trending growth stock pulling back from yearly pivot resistance to Fibonacci and Trad pivot yearly support. Also coincides with 100 day MA which has shown to be good entry into the trend previously.
I am turning bearish on GAW, and believe at least in the short term it will start heading down. My investigation tells me the share price is overvalued against competitors, and could see the price go down even further. Some estimations on which levels we might see resistance at are shown on the graph as horizontal lines.
Last post: June 11th. See chart .
Review: Price was holding at a support level.
Update: Price has since bounced off the support area and looks ready to tackle the resistance level just above.
Conclusion: If there is a breakout then we can look for long opportunities which may happen soon.
Any comments or questions, do not hesitate to leave them below. Give...
Last post: June 7th. See chart .
Review: Price had moved above the resistance level and was also above the £30.00 round number.
Update: Price has now pulled back to the support level which was previous resistance.
Conclusion: We have to see if the support level can hold price up. We can then look for long trades when the previous high is broken on the daily...
Last post: June 1st. See chart .
Review: Price was trading above the previous resistance level but was coming up to the £30.00 round number.
Update: Price is now above the £30.00 round number and looking strong.
Conclusion: A breakout of a previous daily high will offer us the opportunity to enter a trade.
Any comments or questions, do not hesitate to leave...
Last post: May 27th. See chart .
Review: Price had just broke through the resistance level.
Update: Price has now cleared the resistance and is facing the £30.00 round number.
Conclusion: We need price to rise above £30.00 before looking for trading opportunities. If price returns back to the consolidation zone then we need to stand aside.
Any comments or...
This stock is featuring for the first time on our TradingView blogs.
Current setup: Price has just broken out of the consolidation zone by a few points.
Conclusion: We need to wait for price to move higher then pull back and see another breakout to confirm this is not a fake breakout.
Any comments or questions, do not hesitate to leave them below. Hit agree if...
This stock is running crazy for nearly one year now...
As we see, there are minor setbacks, and when the next one comes in, I will get in as well.
So, this one is for your watchlist only, as for now, we have no signal / proper entry.
Good luck and good trades!
