Netflix (NFLX) 1. Price Formation: The price has broken out from a Rising channel (Flag) price formation on a daily chart. 2. Moving Averages: The 7-day moving average (MA) is below the 21-day MA, which is a sign indicating short-term bearish momentum. 3. 200-day Moving Average is above the Price. 4. Thus, Mas 7<21 and 21=200 5. Relative Strength Index (RSI): The...
In the Green: Bullish Indicators and the Quest for 56 Sappi (JSE: SAP) 1. Price Formation: The price has broken out from a Reverse Cup and Handle price formation on a daily chart. 2. Moving Averages: The 7-day moving average (MA) is above the 21-day MA, which is a positive sign indicating short-term bullish momentum. 3. 200-day Moving Average is below the...
NEPI Rockcastle's Chart: A Bearish Forecast with a Target of 80. NEPI Rockcastle plc 1. Price Formation: The price has previously broken out of an M price formation on a daily chart and hit a target. Bearish sentiment. 2. Moving Averages: The 7-day moving average (MA) is below the 21-day MA. 3. 200-day Moving Average is above the Price. 5. Relative Strength Index...
Inverted Cup & Handle Signals Downtrend for Goldfield 1. Price Formation: The price has broken out from an inverted Cup &Handle price formation on a daily chart. Bearish sentiment. 2. Moving Averages: The 7-day moving average (MA) is below the 21-day MA. (7<21<200) 3. 200-day Moving Average is below the Price. 5. Relative Strength Index (RSI): The RSI is < than...
The Beverage Breakdown: Monster's Technical Tale Told. Monster Beverage Corporation 1. Price Formation: The price has previously broken out from a Reverse inverted Cup &Handle price formation on a daily chart and hit a target. Bearish sentiment. 2. Moving Averages: The 7-day moving average (MA) is below the 21-day MA. 3. 200-day Moving Average is above the...
Tiger Brands Symmetrical triangle pattern formed as continuation to a downtrend. Price has broken out. Mas 200>21>7 RSI<50 Target – R143 Tiger – the company Tiger Brands Ltd is a South African packaged goods company that operates in the food, beverages, and healthcare sectors. It is one of the largest consumer goods companies in South Africa and has a presence...
Pick and pay Pick and Pay's Market Outlook: From Descending Triangle to Bearish Sentiment 1. Price Formation: The price has broken from a descending triangle (An inverse Cup and Handle confirm bearish sentiment) price formation on a daily chart. 2. Moving Averages: The 7-day moving average (MA) is below the 21-day MA, which is a positive sign indicating...
Woolworths LTD Stock Analysis: Unpacking the Reverse Inverted C&H Formation Woolworths LTD 1. Price Formation: The price has broken from a Reverse Inverted C&H price formation on a daily chart. 2. Moving Averages: The 7-day moving average (MA) is below the 21-day MA, which is a positive sign indicating short-term bearish momentum. 3. 200-day Moving Average is...
Telekom 1. Price Formation: The price has broken from an Inverted C&H price formation on a daily chart. 2. Moving Averages: The 7-day moving average (MA) is below the 21-day MA, which is a positive sign indicating short-term bearish momentum. 3. 200-day Moving Average is above the Price. 4. Thus, Mas 7<21<200 5. Relative Strength Index (RSI): The RSI is <than 50,...
Silver: Descending Triangle Signals Downtrend for Silver to 20/18 1. Price Formation: The price has broken out from a descending triangle price formation on a daily chart. Bearish sentiment. 2. Moving Averages: The 7-day moving average (MA) is below the 21-day MA. (7<21<200) 3. 200-day Moving Average is below the Price. 5. Relative Strength Index (RSI): The RSI...
Gold: Descending Triangle Signals Downtrend for Goldfield 1. Price Formation: The price has broken out from a descending triangle price formation on a daily chart. Bearish sentiment. 2. Moving Averages: The 7-day moving average (MA) is below the 21-day MA. (7<21<200) 3. 200-day Moving Average is below the Price. 5. Relative Strength Index (RSI): The RSI is < than...
97.557 on the Horizon: Unpacking AUDJPY's Bullish Momentum 1. Price Formation: The price has broken out from an a falling wedge price formation on a daily chart. 2. Moving Averages: The 7-day moving average (MA) is above the 21-day MA, which is a positive sign indicating short-term bullish momentum. 3. 200-day Moving Average is below the Price. 4. Thus, Mas...
EURGBP EURGBP Breaks Free: The Big M Unraveling! 1. Price Formation: The price has broken from a Big M price formation on a daily chart. 2. Price formation : The price as a confirmation has broken from a rising wedge to downside. 2. Moving Averages: The 7-day moving average (MA) is less the 21-day MA, which is a positive sign indicating short-term bearish...
GBPUSD GBPUSD : Spotting the New Reverse Inverted Cup & Handle Formation. 1. Price Formation: The price has previously broken out from an inverted Cup &Handle price formation on a daily chart and hit a target. A new reverse inverted Cup & Handle formation has developed and price has broken out of the brim. Bearish sentiment. 2. Moving Averages: The 7-day moving...
EURCAD Bearish Sentiment Ahead? EURCAD Technical Insights 1. Price Formation: The price has broken out from an inverted Reverse Cup &Handle price formation on a daily chart but one has to wait where it might close. Bearish sentiment. 2. Moving Averages: The 7-day moving average (MA) is below the 21-day MA. 3. 200-day Moving Average is above the Price. 5. Relative...
USDCHF: the Potential of a Reverse Cup & Handle Formation. 1. Price Formation: The price has previously broken out from a Cup &Handle price formation on a daily chart and hit a target. A new reverse Cup & Handle formation has developed and price has broken out of the brim 2. Moving Averages: The 7-day moving average (MA) is above the 21-day MA. 3. 200-day Moving...
GBPCAD Outlook: Breaking from Inverted Cup GBPCAD 1. Price Formation: The price has broken out from an inverted Reverse Cup &Handle price formation on a daily chart. 2. Moving Averages: The 7-day moving average (MA) is above the 21-day MA. 3. 200-day Moving Average is above the Price. 5. Relative Strength Index (RSI): The RSI is <than 50. 6. Price Target: 1,6183