The overall trend remains bearish, with prices continuing to move downward. Both the RSI and Stochastic indicators are in the overbought zone, suggesting that the asset may be overextended and due for a pullback. Additionally, the MACD remains below zero, reinforcing the weak momentum. Given these signals, there is a high probability of a downward move soon,...
The stock is currently testing the 4.80 support level, and it remains to be seen whether it can stage a rebound. If the price manages to hold and bounce back, there could be an opportunity for a FIFO (First In, First Out) trade, allowing for quick entries and exits to capitalize on short-term movements. Let’s see how it plays out! When the market moves where,...
Could there be a rebound at the trendline? MACD is in a death cross, and negative divergences are present. Protecting the downside is essential. When the market moves where, and how, and if - these are all unknown. The only thing which we can control is our risk. Focus on risk management! Keep the long term vision. Disclaimer: The mentioned stocks are based...
Waiting for the MACD golden cross.... it's just a matter of time. Patience is key! The price is still below the moving average, so we need it to stay above for confirmation. If got nothing to buy, dont buy anything We cannot control how much we win. But we can control how much we lose. Focus on what you can control! Disclaimer: Please be informed that all...
Has the operator started dumping? This could be contributing to the current market pressure. The MACD is still showing a bearish crossover (DC), which suggests the market may be following a FIFO (first in, first out) pattern for now. There are also several resistance levels ahead that could pose challenges for any potential upward movement.
The price needs to stay above 1.85 to reverse the bearish trend. Both the daily and weekly MACD charts are showing a bearish crossover (DC). Meanwhile, the RSI remains in oversold territory, which is an area I’m hesitant to risk my capital in.
YTLPWR is showing a strong bearish signal as the RSI, MACD, and even the Moving Averages (MA) lines have all formed a death cross. This pattern suggests a high probability of further downward movement. Investors should remain cautious and closely monitor the next price actions to navigate the potential volatility ahead. The markets took a sharp dive today, with...
Currently, the price is trailing below both the Moving Average (MA) lines, which indicates a bearish trend. The Relative Strength Index (RSI) and Moving Average Convergence Divergence (MACD) have also formed a death cross, signaling potential downward momentum. Should the price dip below RM0.440, it could signal an even steeper decline and suggest a...
It experienced a significant decline of nearly 6% from its recent high of 2630. If it further drops below the 2470 could dampen the stock's outlook. For those who acquired the stock below the current price, there's still an opportunity for profit. While uncertainty looms over the weekend, it's important to remember to enjoy the investment journey. By...
Is it possible for PECCA to make a healthy pullback and retest its resistance levels? In the world of technical analysis, such a scenario often depends on market conditions and the stock's current momentum. A healthy pullback typically occurs when a stock temporarily retraces some of its gains after a strong upward movement, allowing it to consolidate and gather...
The chart displays a downward trend for SYSTECH. The stock price has been declining over the past few months, with a series of lower highs and lower lows. * Resistance Levels: The stock has encountered resistance at the 0.400 and 0.350 levels, where it has struggled to break above. This indicates that there is significant selling pressure at these price...
The MACD line is crossing below the signal line, indicating a potential bearish crossover. The histogram is also starting to turn downwards, further supporting this bearish sentiment. The RSI is currently below 50, suggesting that the momentum is weak. This combination of signals suggests a potential downward trend in the short term. However, it's important to...
The MACD and RSI indicators are giving mixed signals for AIZO. The MACD suggests a potential upward trend, while the RSI indicates neutral momentum. This means it's too early to confirm a strong trend. It's best to monitor the indicators closely and consider other factors before making any investment decisions. We cannot control how much we win. But we can...
Let's analyze BNASTRA using MACD and RSI: MACD : * The MACD line is below the signal line, indicating a bearish trend. * A potential bearish crossover might occur soon, which could signal further downward pressure. RSI : * The RSI is below 30, suggesting the stock is oversold. This could indicate a potential rebound. * However, a sustained period below 30...
The stock price of TANCO has been rising since September, but it recently pulled back. The MACD indicator suggests potential downward momentum, but low volume indicates a lack of selling pressure. Possible scenarios: * Uptrend resumes: If buying pressure returns, the stock could continue its upward trend. * Retracement or consolidation: The current pullback...
YTLPOWR is pretty interesting! Let's break it down: Analysis 1. Price Movement: The stock recently dropped to 3.00 MYR from a high of 5.47 MYR. That's quite a dip! 2. MACD: It looks like the blue MACD line is below the orange signal line, indicating bearish momentum. 3. RSI: The RSI is hovering around the oversold region, suggesting the stock might be...
GAMUDA shows a strong bullish trend. The recent breakout above resistance (at 9.00 MYR) is promising. Both the MACD and RSI indicate strong momentum with no clear divergences. Potential Movement: Bullish Scenario: If the price stays above 9.00 MYR, it could continue to rise. Bearish Scenario: If it falls below 8.50 MYR, it might retrace to around 8.00...
When everyone starts selling off a stock (a major dump by all), it might seem like a good opportunity to buy. However, it's crucial to first avoid stocks that are hitting their limit down. These stocks are often experiencing rapid drops in price, and investing in them could be very risky. So, before jumping in to collect shares, take a step back and make sure...