A bullish trend is applicable above 83.00. The ideal entry is a price action as close to 82.00 as possible (200-day simple moving average) on a pullback. However, breaking above 85.50 might trigger upside potential. The first target price is set at 87.50. The second target price is set at 92.50. (middle of the linear regression channel pattern). The confluence of...
A price action above 1820 favours a bullish trend direction. The ideal price range is close to 1810 as possible. Increase exposure for a break above 1850. The target price is set at 1880. Stop-loss is set at 1800. It will appear that wave 5 out of the Elliott wave analysis started. Remains a risky trade.
The time-frequency is the 4-hourly chart. A bullish trend is applicable. The ideal entry range is as close to 131300 as possible. The target price is set at 137100. Stop-loss is at 130500. An interim correction is expected. Time exit: +/- 10 March 2023.
A bullish trend is applicable. The ideal entry range is around 21.50. Increase exposure for a break above 24.90. The target price is set at 27.45. The stop-loss is set at 20.65. Notice the pockets of the 200-month, 200-week and 200-day simple moving averages. Breaking above the 200-day simple moving average might target the upper range of the linear regression...
Testing major resistance. A symmetrical triangle pattern is busy unfolding. The ideal long entry is around 1.3440. Increase exposure for a break above 1.3630. The profit target is set at 1.3770. Stop-loss is set at 1.3395. Remains above its 200-day simple moving average.
A bearish trend is applicable. The ideal short entry is around 6200. Increase short exposure for a break below 6000. The target price is set at 5700. Stop-loss price is set at 6400. A complete Elliott wave 1 to 5 waves unfolded and a corrective wave might unfold.
A bearish trend is applicable. The ideal short entry is around 5000. Increase the short exposure for a break below 4900. The target price is set 4700. The stop-loss is set at 5100. A likelihood that a mean reverting trade might unfold.
A bullish trend is applicable. The ideal long entry is around 3240. Increase exposure for a break above 3520. The target price is set at 3730. The stop-loss price is set at 3170. A bullish MACD crossover occurred, supporting the change in trend direction.
A bearish trend is applicable. The ideal short entry is around 162.50. Increase the short exposure for a break below 155.00. The target price is set at 140.50. The stop-loss is set at 173.00. The double top pattern might set the target price even lower.
A bullish technical trend is applicable. Stop-loss is set at 688.00 The first resistance is set at 787.00. The first target is set at 968.00. A volatility squeeze might occur. A volatility squeeze occurs when the volatility of a stock falls below its recent levels. A fall in volatility usually means that the stock gearing up for a potential new trend.
A bearish trend is applicable. The ideal short entry is as close to 8.70 as possible. Increase exposure for a break below 8.20. Profit target is set at 7.15. The stop-loss is set at 9.50. The price action is at the upper range of the linear regression channel pattern. This increases the likelihood for a mean reversion trade.
A bullish trend is applicable. The ideal long entry is around 1030. Increase exposure for a break above 1090. The profit target is set at 1130. Stop-loss is at 1010. Negate the trade at this level. Money is flowing into the share (see the lower panel) and might support the speculate long positon. Remains a risky trade.
A bullish trend is applicable. The ideal long entry is around 2920. Increase exposure for a break above 3070. Stop-loss around 2880. The profit-target is set at 3190 (which is close to its 200-day simple moving average). It will appear that the price action is forming a base (see the blue curved arrow).
A bullish trend is applicable. The ideal long entry is close to 1.0650. Increase exposure for a break above 1.0820. The target price is set at 1.0950. Stop-loss is set at 1.0610. Remains a very risky trade.
A brearish trend is applicable. Short entry as close to 123.80 as possible. Increase the short exposure for a break below 120.40. Profit target is set at 113.65 (wave a) Stop-loss set at 128.90. Keep an eye on the 200-week and 200-day moving averages, which might act as major support.
A bullish trend is applicable. The ideal entry price is as close to 28.3365 as possible. Increase exposure for a break above 30.1990. Target price is set at 33.8980. Stop-loss price is set at 27.4245. Time exit: 2 May 2023.
A bearish trend is applicable and the ideal short entry is a price action close to below 236. Increase exposure for a break below 228. Stop-loss set at 250. Profit target set at 210. (wave C of the Elliott wave analysis).
A bullish trend is applicbale. The ideal long entry price is as close to 0.9175 as possible. Increase exposure for a break above 0.9350. The target price is set at 0.9480. The stop-loss price is set at 0.9130. Time exit: +/- 23 February 2023