Chemicalstock
How to trade GSFCIn consolidation phase now from 323,
Can correct till 243.7 (done ), 219.3, 195
and then might rise towards 322, 401, 450
in 2 years
So, buy few now, and buy on lower levels and hold
so many chemical stocks are in consolidation , giving opportunity to accumulate , can invest 5-10% capital and hold for very good gains in 4 to 6 months.
Deepak NitriteHello & welcome to this analysis using Ichimoku Multi Time Frame Analysis
Stock has a history of lengthy periods of sideways correctives. The current scenario suggesting a trend line resistance if taken out then upside till 2250-2350 where it faces a major resistance. Support at 2050-25 if violated then next major support at 1900-1875. Anything below that would be bad for it.
Happy Investing
daily chart analysis for SUMICHEMStock analysis for SUMITOMO CHEMICAL IND LTD
keep watching add to watch list
price falling each time when touches to upper trend line
with conforming signal by RSI falling when it touch to 70
again price is testing upper trend line and RSI at 70 from here we can expect down side move in stock to lower trend line
if price successfully closes above upper trend line then it may go more up side
if price breakdown the lower trend line then rsi trend line will also break then will consider it more fresh selling and fall in price
FAIRCHEM ORGANICS Trend AnalysisPrice is showing hidden bearish divergence with RSI on Daily & Weekly TF.
Descending broadening wedge pattern is forming as highlighted.
Fundamentally the stock is highly overvalued.
Good to accumulate around 850-900 levels for the following targets:
Short term swing target @ 1590 (76.67% ROI)
Medium term swing target @ 2250 (150% ROI)
Long term positional target @ 3300 (266.67% ROI)
Do your own due diligence before taking any action.
Peace!!
ercros solid chemicals company, on a weekly tf is forming a cup and handle, but for now better look at lower tf.
ibex35 looks fighting with the 9000pts resistance zone, but i have no doubt it will surpass it due to EU not easing QE, this might drag up with it this shit.
technicaly formed a reverse H&S, had a false break thru, quite big one, but spanish stocks are quite a mess by this point of view. the final pattern's target is very close to the 1.6 fib extention.
BASF this is what I expect from such a companyMy advisor Marketmiracle generated a purchase signal on BASF at a price of 69.16 with a target price of 72.95 or with a potential profit of 5.48%
Effectively the last business results have been beyond the expectations and from the diagram it is clear as the title, after to have tried a sudden climb of fact has been collided with of the technical resistances that have rejected it.
Now seems back the time of collection and, considering also the market sentiment that has returned slightly positive (0.02) we should start to see an increase in prices definitely up to the price of 72.95 indicated by the advisor but perhaps even beyond.
It might therefore be interesting to start taking positions on BASF and then assess whether to close at that level or let go of positions for a more consistent climb.
This idea is based on a signal generated by the advisor Marketmiracle, down on this page you will find the link to the page of signals of the advisor that you can see for free without any cost or registration