This is an update of my post on 20-3-2018. Share prices were trading at 172.57when I last updated. The last trading session was a continuation of Thursdays sell-off we saw more selling pushing share prices further down from 167.00 high, fail to hold at 161.23 support and closing at close 159.39 down by -3.34%. There are three critical price points that I would...
Opportunity to go long if prices hold within the price channel entry, target & stop-loss all marked on the chart.
This is an update of the Index price movement of my post on 20-3-2018. The Index price crashed through Five support price points including a major price point at 7089 in the last trading session.The Index managed to close at 6992.70 down by -2.43% just below 6994 support now turn resistance. Failure to hold at the current price point could see prices fall further...
Share prices have broken out of the downward price channel in the 30 minutes price chart after holding up at 19.58 resistance now turn support and currently heading towards 19.96 resistance This is a critical price point and needs to break and hold above before we could see further moves to the upside. Failure could see prices fall to around 19.58 - 19.30
The Index is currently down by 3.64% trading below 3465 and looks to be heading down to 3410 support. The next support is at around 3346 if it fails to hold at 3410. There are two critical price points to keep an eye on 1. 3465 - This is a critical price point where prices need to get back up here and hold before determining the next move 2. 3572 - A break above...
The Index prices have fallen below the wedge price pattern in the daily price chart and heading down towards 6168 a critical support price point which acted as a good support level in the past. Failure to hold at this level could see the index prices fall further to around 6109-5986
Share prices have taken out two resistance price point in the last trading session with strong momentum and volume. There is an opportunity to take up a long position if prices are maintained above 2.62
Share prices have broken out above 8.05 resistance now support creating an opportunity to take up a long position. Support and resistance are marked on the chart
Share prices fell -10.38% in the last trading session closing at 31.34 just above 31.24 support a critical price point which acted as a good support area in the past. Share prices need to hold above this point before heading back up failure could see prices fall to the next support at 30.22. There is a price gap to fill at around 27.14 and if it fails again at...
A huge price gap to the upside in today's session with supporting volume. There is an opportunity to go long if share prices break and hold above 49.00
Facebook share prices had a huge impact on the Nasdaq Index overall performance in the last trading session. Share prices fell below two support trend lines in the opening session and head straight south. Share prices managed to find support at 170.05 pushing the prices back up to 173.56 resistance but failed to hold pushing it down to 171.62 support. There were...
The Index fell below 7417 from the opening of the last trading session and only recovered a bit of its losses during the last hour of the trading session. It managed to break and hold above 7333 support closing at 7344. There are two critical price points that I would like to point out. 1. Resistance at around 7416 - need to break this level before we could see...
A good run in today's session after a huge price gap in the opening session. share prices retreated to 16.05 support but headed straight back up with supporting volume finishing the trading session at 16.60. Watching for an opportunity to go long if shares pull back and bounce at 16.41-16.26.
Price and volume breakout. target price is at around 4.89. support and resistance are marked on the chart
Share prices have broken out of the resistance trend line marked in green and working its way back up. support and resistance are marked on the chart
Stiff resistance at 11.21. need to break and hold before further moves to the upside. Support and resistance are marked on the chart