In the late 1800s, a journalist named Charlie Dow faced obstacles while trying to understand the stock market. Companies were reluctant to share information, claiming their business was private. Undeterred, Charlie identified two main types of companies in the market: those that made goods (called "Industrials") and those that delivered those goods (like the...
PEPE coin is near breakout as we have observed bullish divergence in the ongoing bearish trend. Also it has upcoming decending trendline which can give good breakout signal
Let's ride the bullish trend confirmed by multiple breakouts
Keep it in your watchlist. LEN going to break soon
SNOWFLAKES has exhibited a series of notable breakouts, enhancing its bullish prospects: Symmetrical Triangle: The stock has experienced an upward breakout from a symmetrical triangle pattern, followed by a retest of the breakout level before continuing its ascent. Weekly Resistance: Additionally, SNOWFLAKES has surpassed a significant weekly resistance level,...
CTLT has formed a distinctive double bottom pattern on the weekly scale subsequent to the emergence of a bullish divergence. Notably, it has recently breached the neckline of this formation and is presently trading above it. The outlook for CTLT appears promising, with potential for further upside momentum. Longer-term projections suggest the possibility of...
On the weekly timeframe, IP has been exhibiting an upward trend while encountering resistance on its descent. Presently, the trend appears bullish following the formation of a higher low in price. The critical breakout level for initiating long positions now lies at 38.2. Traders should closely monitor this level as a decisive breach could signal a strong bullish...
CCL | BUY NEAR SUPPORT Following the formation of a double top pattern at $19.50, CCL has retraced to test the $16.50 level. Traders are advised to consider two potential entry points for initiating trades: Buying on the breakout above the descending resistance line, as indicated by the dotted lines. Place stop-loss orders below the recent swing low,...
GBPJPY has been confined within a significant trading range, oscillating between 184 and 178 for an extended period of nearly one month. Currently, there is a noteworthy attempt to breach above this range, marked by a bullish signal on the charts, particularly evident in the presence of a failure swing. Our strategic approach involves initiating a buy position...
Gold is currently positioned within the confines of a bearish parallel channel, trading at its midpoint. Anticipation of a downward movement arises due to the presence of multiple overhead resistance factors, including: EMA100 Significance: The EMA100 serves as a noteworthy barometer for short sellers, indicating a pivotal level with potential implications for...
After almost a year of consolidation within an accumulation box, FNEL has given a breakout and successfully reached its target. Presently, it has encountered resistance at the horizontal zone of 7.0, which marked the first high of the current rally. It is expected to retrace, forming a higher low near the EMA or retesting the accumulation box. There are two...
TESLA INC Tesla has broken its short-term downward parallel channel (highlighted with dotted lines). It has completed its correction and is attempting to revert to its primary bullish trend. A minor resistance may pose a challenge for Tesla, represented by the falling resistance (double line). We anticipate an upside movement until 313, which serves as a...
HTL has just broken its downward trend after the formation of an inverted head and shoulder pattern (bullish reversal). We are currently witnessing a bullish trend with a first upside target of 36 and 37. Dynamic support (EMA) can be used as a stop-loss for any long position.
Searl Pharma Searl is an excellent choice for a long-term investment (1 to 2 years timeframe). It has recently broken its downward trend and moved to establish its first high. We anticipate this momentum to persist for a while, and the upside appears promising for long-term holders. A strict stop-loss should be used below 47 for any long position.
TRG PAKISTAN The Bigger Picture: First, TRG is still trading within a bearish parallel channel, as indicated by the solid black line. It recently experienced a downturn from the 99/100 area, which serves as both a psychological level and the upper boundary of the parallel channel. A potential healthy breakout is anticipated above the channel, ranging from 99 to...
Update: Bitcoin is restesting its major breakout level for $25500 which previously break on Mar 17 2023. Exactly 2 month later BTC has approached this level where EMA100 resides too. EMA100 remain significan in BTC major trend shift check our update on (2nd March 2023) Long positions are suggested on bullish signals from support with stick Stoploss on last...
PEPPERSTONE:EURAUD Price is testing 2-year-long resistance (1.64585) escape from this resistance zone may yield a13% gain with the following trade plan: Trade plan Buy if the price close above 1.64595 TP 1 .70315 (3.66%) TP2 1.76750(7.93%) TP3 1.86453(13.40%)