SCAPhas broken out stronger than AAIC after getting support from the zone i have marked previous. RSI shows better strength as well...14.8-15.2 area shows great resistance for now. (remember that it is high risk and high gain.)
AAIC Seems like it heating up for another speculative drive. As expected AAIC held strong and jumped from the support zone as i have marked.
Keep and eye at resistance zone and golden pocket on the way up.
LOFC | Making Inverted H&S ?The stock has broken above a falling wedge pattern with considerable volume and has created a higher high. After retracing towards the 10-day moving average for support, the stock is currently consolidating between the 10-day and 30-day moving averages, while creating a higher low. If the bulls manage to break above the neckline resistance around the 6.8 to 7.0 range, the stock may create an inverted head and shoulders pattern.
To manage risk, traders should have their stop-loss below 6.10.
CALT | Yet to break the Inverted H&SThe stock has formed an inverted head and shoulders pattern that is yet to be broken. If the stock manages to break and close above the Rs. 34.20 level, we may see an increase in buying interest, which could push prices towards Fibonacci retracement levels of 1.618 and 2, reaching Rs. 39 and Rs. 42, respectively.
However, if buyers fail to break above the neckline and selling pressure intensifies, we may see the stock retesting the Rs. 31 level around Fibonacci retracement level of 0.618 for support.
For a stop-loss level, the ascending trendline (dashed line) can be used.
Disclaimer: This chart and analysis are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations. Do your own due diligence before trading or investing in this stock.
AELWith the breakout of the Cup and Handle pattern with proper volume, traders may expect the stock to reach 14.50 levels. To manage risk, consider placing your stop loss at the previous higher low of 12.60.
ALUMWith the breakout of both Falling Wedge and Inverted Head and Shoulders patterns, the stock may reach Fibonacci 0.5 levels. However, a retest of the neckline at 7.30 is also possible. To manage risk, traders may consider placing their stop loss at the previous higher low of 7 or just below the neckline.
SAMP | Cup and HandleWith the stock breaking out of the cup and handle pattern, it may reach the Fibonacci retracement 0.618 level. However, it may encounter resistance near the Fibonacci retracement 0.5 level and the ascending trendline.
As the stock price continues to rise, it's best to regularly update the stop-loss to higher low levels on a shorter time frame chart, such as a 4-hour or daily chart .
Disclaimer: This chart and analysis are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations. Do your own due diligence before trading or investing in this stock.
VONE | Broken Inverted H&SThe stock has broken above the neckline of inverted head and shoulder pattern and descending trendline indicating a bullish continuation of price. The target price will be Rs. 40.50 based on the inverted head and shoulder pattern height which is also at Fibonacci retracement level of 0.5.
Stop-loss can be set below neckline around Rs. 35.50
Disclaimer: This chart and analysis are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations. Do your own due diligence before trading or investing in this stock.
LIOCBroke out from Horizontal Line and retested and then BO from trend line and now retesting that.
Need to Break the trend line around 205-206 with volume for next move.
RSI at support.
Sun shining past a major trendlineSUN.N0000 is an aggressive growth company growing through M&A's. With margins under pressure due to the economic crisis in the country SUN was not able to perform as expected however going forward they will be able to improve margins with the economy recovering, this along with a reduction in lending rates is expected to significantly boost net income for the group.
For the previous quarter net finance cost stands at 25% of EBIT (FC ->34% , FI -> 8.5%)
Tight consolidation following a good quarterThis penny stock has been consolidating for several weeks following an excellent quarter where the company reported an EPS of 0.54 driven by strong top-line and margin growth. Repetitive performance will warrant a rerating and a strong momentum upwards in the counter.
Closing towards the bottom level of the zoneCSELK:AGAL.N0000
AGAL looks posed to recover , however it might head towards the ~30 price level before a recovery, traders would be wise to look at shorter timeframes for accurate entry points.
Juggernaut rising from the ashesYields have improved due to payout ratios returning back to normalcy and with the currency pressure easing dividend repatriation would continue making this counter an attractive pick. [ CSELK:CTC.N0000
ACL.N #CSELKNext few days for ACL will be crucial.
77.5-80 is resistance. Trend line will also act as resistance.
MA 200 is on a downward slope.
If the above resistance area and trend line is broken, it will be good. Lets watchout our for the next few days
ACLCounter got rejected at the 85 Resistance. Possible to retest the 79.5 BO if failed, 76.
RSI BO and should remain above. possible retest with the price.
Double bottom visible.
MA's aligned. 100 will turn upwards once it is settled below 50
Price needs to settle within the channel to appreciate further.
BFL - chicken stock
Nothing much, awaiting for BoS, price has broken and retested, prepping for the next leap. Volumes has come in!
RSI shows strength
SIRAcurrently on a reversal after BOS at 11.6, while making a HH, however RSI showing losing the strength.
keep an eye at trendline, if rejected likely divergence may work.
LALULALU seems to have broken out from its consolidation, 17.4 will be the flip point to make the counter break the structure in to more bullish!
RSI seems broken as well
RCL - Tile boss
RCL official broken the bearish trend and made a HH. RSI has also showing a clear break.
Fibs can be used to take profit!
EXPO
As expected EXPO crashed until golden pocket and held on it.! RSI shows clear bearish trend without any proper sign of reversal.
I have made two hypothetical paths which is possible. However Major support can be expected at 130-133 range.
LIOC - Oil 3x
As expected LIOC broke out from the last update i have done over the weekend and got rejected on point at 206.75 as mentioned above! ^
And in smaller time framers it got retested untill 201.75 and closed at 204. Likely we will clear above resistance point tomorrow. and go towards the marked resistance
gradually.
RSI seems to be broken out as well.. overall counter looks lit!
