Higher highs and higher lows remains of interest. A price action above 0.1905 supports a bullish trend direction. Further bullish confirmation for a break above 0.2030. One can increase exposure here. The target price is set at 0.2165, or the 78.6% Fibonacci retracement level. The stop-loss is set at 0.1800. Remains below its 200-day and is regarded as a risky trade.
A price action below 122.00 supports a bearish trend direction. Further bearish confirmation for a break below 120.50. The target price is set at 115.00 (below its 200-day). The stop-loss level is set at 127.50. Some range trading remains of interest (see the grey rectangle)
A price action above 26.50 supports a bullish trend direction. Crossing above 27.50 might support further upside price potential. The target price is set at 28.50. The stop-loss price is set at 25.50. Higher highs and higher lows support a bullish trend direction.
A price action below 33.50 supports a bearish trend direction. Crossing below 33.00 will further confirm the bearish setup. The target price is set at 32.00. The stop-loss price is set at 34.50. Start of downside potential applicable. A bearish crossover also confirms a change in trend direction.
A price action above 1.8475 supports a bullish trend direction. Further bullish conformation for a break above 1.9285. The target price is set at 1.9970. The stop-loss price is set at 1.8110. The lower panel highlights a bullish MACD crossover from oversold territory. BID likely to outperform SHP.
A price action below 490 supports a bearish trend direction. Crossing below 480 will act as additional confirmation for downside potential. The target price is set at 450 (the 200-day simple moving average). The stop-loss is set at 520. Downside price momentum supports the bearish trend direction (see the lower panel).
A price action below 95 supports a bearish trend direction. Bearish confirmation further supported for a break below 94. Teh target price is set at 90. The stop-loss price is set at 99. A temporary correction in an inclining channel pattern seems likely.
A price action above 155 supports a bullish trend direction. Further bullish confirmation for a break above 160. The target price is set at 165 (its 200-day simple moving average). The stop-loss price is set at 153. The concept of price stability is highly attractive and desirable in the realm of this stock.
A price action above 3370 supports a bullish trend direction. Further bullish confirmation for a break above 3450. The target price is set at 3580. The stop-loss price is set at 3240. It will appear that the price action is busy with wave 5 out of the Elliott wave analysis.
A price action above 103.00 supports a bullish trend direction. Further bullish confirmation for a break above 104.00. The target price is set at 105.00 (its 200-day simple moving average). The stop-loss is set at 102.00 (lower range of the Bollinger bands). Upside price momentum supports the bullish trend direction (see the lower panel).
A price action above 320 supports a bullish trend direction. Further bullish confirmation for a break above 340. The target price is set at 360. The stop-loss is set at 320. The start of upside momentum supports the bullish trend direction. Seems like the price action is building a base.
A price action above 52 supports a bullish trend direction. Further bullish confirmation for a break above 54.00. The target price is set at 56.00. The stop-loss price is set at 51.00 (200-day). Is a symmetrical triangle pattern busy developing?
A price action above 525 supports a bullish trend direction. Further bullish confirmation for a break above 540. The upside price target is set at 440.00. The stop-loss price is set at 522.00. Strong momentum supports the upside price action.
A price action below 29.35 supports a bearish trend direction. Further bearish confirmation for a break below 28.85. The target price is set at 25.45. The stop-loss price is set at 33.10. Fading upside price momentum (see the lower panel) supports the bearish trend.
A price action above 4000 supports a bullish trend direction. Further bullish confirmation for a break above 4100. The target price is set at 4300, which is the upper range of the declining channel pattern. The stop-loss price is set at 3800. Remains close to its 200-day simple moving average, supporting some stability in the price action. Remains a risky trade.
A price action above 9300 supports a bullish trend. Furhter bullish price confirmation for a break above 9800. The target price is set at 10300. The stop-loss price is set at 8900. Remains a very risky trade.
A price action above 922 supports a bullish trend direction. Bullish confirmation for a break above 956. The target price is set at 984.00 (upper range of the linear regression channel pattern). The stop-loss is set at 911. Upside price momentum supports the bullish trend direction.
A price action below 109 supports a bearish trend direction. Increase short exposure for a break below 108.00 The target price is set at 102.00. The stop-loss price is set at 115.00. A correction form overbought territory might signal further downside price potential.