JUV - PSG - OG - ASR and ATM all the tokens CHZ listed to get credit and increases its value is a fail as you can see in the chart all of the supports are gone and nothing is holding the trends way, all signals are bearish and this forecasting goes to every other 4 mentioned above attention: if you are a football fan that's a great thing but don't invest in...
PSG(Paris Saint-Germain) Recently launched its first FAN TOKEN ! And not only this, but the most exciting news is that it was also listed in BINANCE, the largest crypto exchange system in the world! Other European fan clubs have already created their own version of a decentralized crypto token and their prices and movements can be checked here . But why I...
Allstate is one of my top picks in terms of both value and sentiment. In terms of technicals, it's a classic potential trend line breakout play. Value After a significant selloff this year, Allstate is still trading near the bottom of its 3-year valuation range in P/E, P/S, and P/D terms. The company is financially healthy, with a 78/100 score for financial...
I have spent some time Dissecting the chart of PSG group and my findings lead me to believe that the stock is destined for some downside in the next few weeks. Firstly, the formation of a double top and the consequent break of the neckline at R225 projects a technical target of R205. However, it is also possible that we tag the S1 Pivot level just below @ R195....
The markdown in Phase D of the distribution of PSG stock is gaining momentum. We have analysed the distribution structure in the posts below but it is now playing out to test the bottom of the trading range.
PSG has been undergoing distribution (See posts below). After a last point of supply (LPSY) we are now seeing a continuation of the markdown in Phase D. Volume is increasing on declines and last week we have seen volume increase after a pullback to previous support. The relative strength against the Top 40 is also declining.
PSG looking for a buy on the Zone waiting for confirmation lets see how this one play out
An ascending triangle has formed on PSG. This is a neutral chart pattern and all depends on which direction the breakout occurs. I will keep an eye on this and when a breakout convincingly occurs I will trade in that direction.
PSG is testing the underside of the medium term trend line which acted as support since 2015. Recently we have seen the price of PSG run up to test this trendline which failed as support during August. What is also interesting to note is that in 2018 the 200 week moving average (green line) acted as support twice which could now act as resistance on this test. Not...
JSE:PSG has broken out of the sideways trend that it has been trading in for quite a couple of months. It has formed two higher lows in a row and has broken through the long term resistance and bounced off of it as support. If the price moves above the last high I will enter a long postion.
Flash note on PSG from our Unum Trading Desk analyst, Lester Davids. "Around current levels, PSG is showing a technical willingness to break above the resistance level of R235, which is just below the 200-day moving average. The price has started to make higher lows and is trading above the 21 and 50-day moving average, both of which are pointing higher. With the...
PSG is in a strong downtrend but i'm expecting a breakout to the upside with a potential gain above 80%. A strong pullback in the first dotted line can indicate a deeper correction before the breakout.