CSEAEL - Access Engineering PLCThe share has been consolidation for some time around 10-12 range. Now the share has broke out and trading near 14. There is a possibility in the ST to test 15+
LLUB | Massive Drop!Due to sellers liquidating above average volumes, the stock has created an exhaustion gap while breaking below the rising wedge pattern. Currently, it is near the long-term ascending trendline. With bearish divergence on RSI , it is best to observe if buyers will be able to overpower the sellers to hold price above trendline support and 200-Day moving average.
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.
GHLLWith the breakout of a descending trendline, it is possible for the stock to reach the Fibonacci retracement level of 0.5 and horizontal resistance range at 15 to 15.40.
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.
EDEN | Possible Inverted H&S in the makingThe stock has broken above its long-term descending trendline resistance and has retraced back to the trendline to test it for support. During this process, the stock appears to be forming an inverted head and shoulders pattern. If the stock manages to break out above the neckline around 17 levels, it may move towards the 19 levels to reach the Fibonacci retracement level of 0.382.
Stop-Loss could go below previous higher low of 15.80
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.
SLTThe stock has broken above the symmetrical triangle pattern and have reached Fibonacci retracement level of 1.618 where it has found resistance. It is safer for traders to wait and see how far down the stock may retrace to find support before creating the higher low level.
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.
AGSTFollowing the failed retest of the Descending Triangle pattern after its breakdown on February 10th, the stock is attempting to consolidate around its 200-day moving average. If the stock is unable to find support around the Fibonacci 0.618 level, it may continue to move towards its previous lower low levels, and possibly even towards the Fibonacci 1.618 level and beyond.
Without the creation of a proper uptrend, the stock may carry risk for traders who are uncertain where to set their stop-loss.
If there is a break above the long-term trendline, coupled with a bullish divergence on the Relative Strength Index (RSI), it may indicate a potential reversal of the bearish movement of the stock.
AGSTThe stock has recently bounced off its 200-day moving average, and is currently testing the lower boundary of a descending triangle pattern. If the stock manages to break through resistance and close above 15.60, this could signal a continuation of the bullish trend. Conversely, if the stock fails to break through and encounters resistance around 15, this could indicate a bearish reversal.
CALTCALT has broken out of a Inverted Head and Shoulder pattern with good volume while reaching near the Target Price of 33.50 based on the pattern. With RSI at trendline resistance, I would be cautious on how the price will behave next.
Disclaimer: Please conduct your own research before making any investment decisions and note that this is not investment advice.
BIL | Inverted H&SThe stock has broken out of the inverted head and shoulder pattern through the neckline resistance at 6.20. However, it has yet to break through the descending trendline resistance and the 30-day moving average. The existing head and shoulders and RSI trendline breakouts suggest a potential bullish movement of the stock.
CIC.NThe stock price is currently facing resistance from sellers near a descending trendline. To make an informed decision, it may be safer to observe whether buyers can overcome the selling pressure and push the stock price higher.
MELS | Will it break FIB 0.65 ?The stock has broken above the descending trendline resistance and has reached the Fibonacci retracement resistance levels of 0.618 and 0.65. A further break above these levels could push the stock towards the 67.5 level at the Fibonacci retracement of 0.786. However, in the case of a retracement, the stock should find support from the descending trendline and the Fibonacci retracement of 0.5
REXP | Long ConsolidationThe stock has undergone a 3-month long consolidation within a horizontal price channel. If there is a breakout above 660, it is expected that the stock will reach 730 levels, and even 765 levels to reach Fibonacci retracement of 0.5.
To manage risk, it is safer to have a stop-loss below the previous lower low of 570.
HAYL | Breakout with VolumeGiven the breakout from the horizontal channel above 77, there is a possibility that the stock may reach a high of 90 or higher to test the FIB 0.5 levels. If there is a retracement, 77 level should act as support.
APLAThe stock is currently testing its 200-day moving average while consolidating within a Rising Wedge pattern. Traders should also monitor the ascending trendline on the Relative Strength Index (RSI), as a potential breakout below this trendline may indicate a bearish reversal of the stock's price.
MASK.N #CSELKMASK is consolidating in the current range. 43-43.5 need to break and settle above it to go to next step.
MACD showing sell, but blue line about to cross to make a buy signal.
MA Cross already showing early buy signal.
NOT FA. PLEASE DYODD
HEXPIf 53.5 is broken HEXP could move towards FIB Retracement level 0.5 while testing 200-Day Moving Average.
ELPLWith the breakout of the Descending Triangle to the upside it is possible for the stock to test FIB retracement levels of 0.5 and 0.618
LWLWith the existing indication of a bullish divergence on the RSI, a breakout of the stock price above the descending trendline resistance at 50 would signal a bullish reversal. Traders may consider setting their stop-loss below 47.50.
ALUMBased on the breakout of the Falling Wedge pattern, ALUM shows indications of a bullish continuation with a potential progression towards FIB retracement levels of 0.5 and 0.618 once current resistance level of 7.30 is broken.
SUNBased on the breakout of the Symmetrical Triangle pattern, SUN shows indications of a bullish continuation with a potential progression towards FIB retracement levels of 0.5 and 0.618. If necessary, a target price of 45.5 can be considered in accordance with the pattern.
