Daily Chart Price consolidating in a triangle and recently has found support at the ascending channel
All technical markings posted on Dec 21 are still intact. Link:
TP1: 19.11 TP2: 21.62 SL: 13.5 Disclaimer: Our content is intended to be used and must be used for informational purposes only. It is very important to do your own analysis before making any investment base on your own personal circumstances. The content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of...
Widening of the space between SMA20 and 40 followed by formation of 2 consecutive green Heikin Ashi bar may just indicate there are interests flowing in into this stock. Uptrend is likely for the next few trading days.
SMA 20 line is above SMA 40 which show that the stock is still uptrending. Heikin Ashi first green bar after a week of many red bars. This may indicate an inflow of fund, thus a reversal into uptrend. once it breaks resistance at 16.59, it will fly high. pls correct me or add further information if any. cheers
Laburlah's Daily Complimentary (14-MAR, Wednesday) : AJI Technical Analysis Breakdown 1. Trend: Higher high formation 2. RSI & Stochastic: Bullish 3. Bollinger band: Bullish breakout 4. Resistance: 26.21 5. Opportunity: To fill up gap created on 25-Aug-2017 Disclaimer: The abovementioned is purely for sharing purpose, you should seek advice from relevant...