<TradeVSA> LYC, Suria & Zecon....Any potential trades?Strength in the chart:
1. Change in trend to accumulation
2. Volume with green pentagon
3. Potential to break above resistance
Disclaimer
This information only serves as reference information and does not constitute a buy or sell call. Conduct your own research and assessment before deciding to buy or sell any stock
LYC trade ideas
<TradeVSA> Volume with Support in LYCStrength in the chart:
1. Line Change with pentagon
2. Support with low volume
Disclaimer
This information only serves as reference information and does not constitute a buy or sell call. Conduct your own research and assessment before deciding to buy or sell any stock
MEXTER(#2), + 15% - Will it continue it's uprising? Greetings to all.
Here is a follow up and update on the technical review on Mexter, made on 28th October.
1. Refer to the previous commentary on MEXTER (dated 28th Oct), the support was called at 0.455 after seeing a series of 4 days support above the price.
2. Finally Mexter has gained its momentum after a series of 6 days support at 0.455.
3. The price dipped a little but closed higher, came up from 0.445 to reach a high at 0.515, that's a gain of 15%.
4. I am positive on Mexter, judging its movement quite intact within the uptrend channel, however the Fibonacci key levels must be monitored closely.
5. Referring the Fibonacci key levels, 23.6% (0.49 = closing price today), 38.2% (0.455), 50% (0.43) and 61.8% (0.40) these are the support price levels to watch out for.
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Uptrending for MEXTER1. A breakout of 0.65 resistance with a large volume and followed by a supply testing with low volume.
2. The current price is supported by FR 38.2% of S2. Previous FR support (R1) is also 38.2% of S1.
3. Immediate support levels = 0.615 and 0.57
4. Immediate resistance = 0.65 and 0.695.
