Stochastics oversold. Bottom of slightly ascending channel. China has one of the few growing economies, and the news regarding the ANT IPO surely to improve. I am buying at 56.44, stop at 54.99 and targeting 60.05
Stochastic showing further upward potential. Short term down trend line has been broken. Positive bullish Hammer on previous day candle. Continuation of longer term rising channel. I Am buying at 326.57, stop at 314.41 and targeting 371.21.
I Dont think the lockdown will have a major effect, and i am going to take a punt at it. We are in a long upward trend and the stochastic is still pointing upwards, I am buying at 136.123 , stop 134.413 and targeting 140.262
Currency pair is in an upward trend. Although stochastic is overbought it is pointing upward. There was an engulfing bullish candlestick, and the week closed with a positive bullish candle, confirming the break up in a inverted head and shoulder pattern. I am buying at 1.30418, stop at 1.28405 and targeting 1.35080
Another bullish leg possible. MACD at the point of crossing. Stochastic pointing upwards. Sideward trend broken to the top side. News is also that they bought additional gold mines. Buy 4861, stop 4402 and targeting 5801 for a start.
Seems like I am a bull in a bear market today. Although there is a gap to fill to the upside, I feel the short term trend is still negative. Stochastic is overbought, and price is against a strong downward trend line. I will sell at 9297, with a short stop of 9705 and a small target of 8295.
I don't like going against the trend, but it will be futile to ignore the signs. Stochastic overbought, possible bearish head and shoulders pattern forming, numerous gaps to the downside that needs to be closed. Two targets to the downside chosen.
Spur is in a long downward channel. Stochastic is overbought. Sell at 1405, stop loss 1512 and targeting 1055. I Think this industry still has a way to go before the effects of the silly pandemic will be overcome.
MTN has just broken down out of a long term upward trend. It is finding strong support at current levels, and a break above 5718 could see it go all the way to 7292. It must however be noted that it is up against a strong trendline downward. I will have to keep the faith with this one.
Although all the SnP instruments are all tracking upwards in a similar fashion, I see further upward momentum prior to the pending elections.
We are in a short term downtrend, and I would buy at overbought stochastic as set out on chart. I will use a very small stop loss. HIGH RISK TRADE