Price has broken out of the rectangle consolidation and is nearing the WEMA200. If initiating a long position be wary of the EMA acting as resistance. As always manage your risk.
Possible IHS setup here in LHC. The IHS looks more prominent on monthly chart. Watching this closely
Breakout from rectangle in MEI on decent volumes. Price has moved back to pre-2020 market crash levels and testing the 7000 level. Long position can be initiated with a close above the 7000 level. If you use indicators on the daily chart, MACD and Stochastic both making bullish crossovers. As always manage your risk.
Looking for a breakout from the rectangle setup to initiate a long position. The FTSE has been a laggard in the indices and price has been trading below pre 2020 crash levels. LT term trend is up. As always manage your risk
Nice ascending triangle setup here, with bullish divergence . Stock is near ATH levels. LT trend is up. Always manage your risk
Nice ascending triangle setup here, with bullish divergence. Stock is near ATH levels. LT trend is up. Always manage your risk
A bull flag setup here in VOD. The small gap has been closed at the 14200 level. Watch price to see if 14200 holds as level of support. Very decent R/R if you use ST limits with an entry at 14204 with Limit at 15000. Remember to always manage your risk
Price breaking out here in HYP. Looking for a long play here at 3355. Remember the Primary trend is down, apply good risk management as always.
I like to step back and look at markets from a longer time frame to determine the direction of the trend. This monthly chart shows that the up trend is still intact having pulled back to test the 6400 level in Aug. This run up has met resistance testing the 8300 level with some selling but price has returned to 8200 with buyers stepping back in. If price fails to...
TFG price has found support at 13300. Price initially pulled back and tested the DEMA200 and has formed a bull flag on the weekly chart. Looking for a close above 13750 to initiate a long position.
MUR poised to breakout of this rectangle with unusually high volume transaction in recent days. Short term target 11bucks with 1176 being a longer term target if you taking profits. Manage your risk as the long term trend is still down.
There is a IHS price pattern setup in this stock. A cautioning factor, - a hammer candle and the volumes supporting the breakout are low indicates it could be a "fakeout" so price action has to be closely monitored if initiating a long. Price has previously dropped off sharply after testing the 11100 level. As always manage your risk.
BAW back in play here with a daily close above the DEMA200 and WEMA200. On the lookout for a long pos when price closes above 10300 level. LT price trend is still up
TFG price has found support at 13300. Price initially pulled back and tested the DEMA200 and has formed a bull flag on the weekly chart. Looking for a close above 13750 to initiate a long position.
Price is breaking out of this ascending triangle and closing above 18552 level which has been a key prior level of resistance on the monthly chart. Will be adding to my long position here and this is also a good position for a long at 18690, ST term limit 21300 if you trade using targets with a nice R/R in this trade of 1:3. LT price trend is up, remember to...
So watching CML closely here to, properly close that gap and subsequently close above 5260 for a possible long or to add to the position. Making a series of higher lows in recent trading days.
There is a nice C&H setup here. A long position can be initiated with a close above the 10000 level. Price action should be monitored as the 10230 level has been tested before with a selloff ensuing thereafter. ST limit of 10800 if you use price targets. A previous IHS setup failed in this stock so, as always apply your risk management when trading
Price has formed a nice IHS setup here closing above the resistance level of 18400. A long position can be initiated with a ST limit of 20800. It would be prudent to observe price behavior at the 18900 level as this level has been tested previously with selloffs ensuing thereafter. ST and LT primary trends are up in this stock but as always apply your risk...