MTR has broken the 50% retracement line with some strong bear action. It's now poised at the .618 retacement level that could see it bounce off this area and make a new high. There has been some strong downward pressure pushing through the .318 and the .50 which could easily see the bears push through the .618 also. If this line is broken, look to sell as the next...
ARS is showing signs of a Bullish hammer handlestick on the daily chart. This is a reversal candle stick in a downtrend.
Asiamet is also entering oversold teritory
12/07 saw Asiamet test the 10.45 (0.236) fib area and then continue to test that resistance line for the next 5 days. There was a slight pull back on 19/07 for 3 days and then a continuation of testing that resistance line. 30/07 saw a strong break through that resistance line to finish finish above 0.236 fib as support. A break above the 0.236 will see it become...
FDBK didn't perform the double bottom I was expecting and instead broke through my target area. I was looking for it to hold at 200MA but it broke through that last week. New low target a possible buy area
FDBK didn't provide the double bottom that was expected and continued to spiral down. I was looking for support at 200ma, but it failed that also. Next target is provided.
Strong resistance at 12.30 tracing back all the way to late 2017. We had a breakout of trend 05/11 but it failed at 12.30 and retraced to previous support/resitance area of 10.0 before bouncing off and making moves upwards to re-rest that 12.30 resitance area and falling short again. Price currently bouncing of 10MA
Support - 10.65
Reistance - 12.30
Looking for...
Fevr broke out of consolidation to create a new high. I expect another pull back look for it to re-test the 100% fib and hopefully hold 3194. A break below this, could see it push down to the 10MA and ultimately the 78.6% fib which was a key resitance area during March and the first few weeks of May. A hold at 3194 will then target 3542
