Lost the longstanding support, RSI broken down Price and correct up to 7.4
Simple chart.. broke out rejected at GP, Now retesting the trendline. probably another move incoming
Here comes the Specs! SLT rose back today with a hidden bullish divergence.. Do note that prices are within a rising wedge pattern. and if rise up abruptly can make a bearish divergence.. there is that! and news.. balance your scales lads SL-78
Despite many negative rumors, expo bounced up from its trendline support. (131.5) today at the bourse. If anyone entered a trade, one can hold on to it with a strict stop loss below 130. It has currently completed 5 waves within the pattern. So likely to see a big move soon. Follow the earlier charts to see the prior movements
**THIS IS PURELY FOR TRADERS** Expo small time framers are showing bullish divergence, likely it will show upward momentum, or will take a brief look at lower support before bouncing back. however having a stop below lower trendline is a must. Buyers risk is lowest at 135 levels.
Index has gotten support from the previously broken rising wedge trendline and bounced back well. However there is a slight chance of making a bearish divergence, unless last HH 9773 is broken. However next major resistance is at 10150-10200 range. Note that it will be a tough one. Once broken Next major resistance will 11000-11200 (GP resistance from ATH to...
lasted update from lioc. Did we have a fake out? Stil trading with GP with moving averages aligning together
can expect a relief rally until 8, however weekly time frames still looking bearish with trading well below DMAs. and there is a big bear flag on the brink. Broken down RSI had been retested Traders should have their stop at 6.4
Keep a very close eye on this counter. It is grooming to a big breakout very soon... close above 4.6 will turn the counter towards bullish side. Note that all the MAs are converging together
watch out for the inverted head and shoulders break out.. pattern target is marked with a green line. downward trendline is need to be broken with volumes for any bullish move to sustain. Volumes are gathering in to the counter.
After making a bearish divergence and getting corrected now prices, now getting support at fib levels. RSI might give a buy signal if the triangle breaks up. (another illquid one)
Though another illquid counter, RCH seems like its ready for another leg up. RSI need to retest a bit. Overall counter seems to be in a massive symmetrical triangle with prices trading well above 200DMA. Look at fib levels for resistances
counter looks sluggish and trading with a channel. Due to illiquid nature of it, movement seems minimal.
After getting rejected at GP, counter currently seems getting support from a previous resistance 58 area. likely to break GP area and continue.
Shows more sideways movement while trading within a channel. Close above 8.2 will be important for the counter to go to next stage of price action
KHL is trading well above DMA cluster, however currently facing GP resistance and got rejected. RSI shows little bit more sideways action short term
simple chart..showing strength.. RSI needs to breakout 14.1 will be a pivot towards bullish side
PLR is currently moving on a uptrend as visible, but being rejected at GP. It will likely to retest in in coming days. Two support levels are marked for the new entrants. RSI trendline has broken and currently on a retest.