Gihanhemachandra

Gihanhemachandra

Exchange: NYSE Sector: Financials – Major Banks Setup Type: Volatility Contraction Pattern (VCP) Breakout ⸻ 📈 Trade Thesis: JPM is breaking out of a tight consolidation near all-time highs following a multi-week VCP setup. Volume expanding on breakout, supported by strong sector rotation into financials amid rising bond yields. ⸻ 🔑 Technical Setup: • Entry:...

Gihanhemachandra

💰 Entry: $41 - 42 🛑 Stop: $39.50 🎯 Target: $44.80+ (1.5–2R potential) ⸻ 🧠 Setup Thesis CPU.ASX is breaking out of a textbook Volatility Contraction Pattern (VCP) with clean tightening just above the 21EMA and 50MA. After weeks of base-building with declining volume, today’s breakout comes with: ✅ Strong closing candle ✅ Volume expansion ✅ All key MAs...

Gihanhemachandra

🔹 Buy Entry: $131 - 132 🔹 Stop Loss: $120.80 🔹 Current Price: $131.78 🔹 Target (1:3 R-multiple): ~$162.80 🔹 Risk/Reward: Strong – clear breakout from tight range with increasing volume. 🟢 Why This Trade? • Clean breakout above prior highs with strong momentum (+7.73%) • High volume confirmation • Supportive moving averages stack (20EMA > 50MA > 200MA) • One of...

Gihanhemachandra

Ticker: NASDAQ:DUOL Entry level: $530.50 Stop: $502.00 📊 Setup Rationale • Post earning consolidation on 10MA • Tight consolidation between $500–530 with decreasing volume – signs of institutional accumulation • High ADR (~$17) confirms strong potential for sharp moves • Earnings winner and sector leader in EdTech • Breakout over $530.94 (day high)...

Gihanhemachandra

📈 Buy Idea – MQG.ASX 🔹 Entry: $210.49 🔹 Stop: $201.80 (Risk ~4.1%) 🔹 Target 1: $227.50 🔹 Target 2: $238+ 🔹 R:R: ~1:3 Setup: – Tight sideways consolidation near 50MA – Strong volume support near $205 zone – Bullish engulfing candle into breakout zone – Sector strength: Financials stabilizing post RBA cut – Clean technical base + upside momentum potential Why It...

Gihanhemachandra

Entry Trigger: 🔹 Buy stop @ AUD 22.71 — breakout above recent highs with volume confirmation. Thesis: QBE has built a multi-week consolidation just under the key resistance level of 22.70–22.75. A breakout above this zone could trigger a bullish continuation, supported by improving capital metrics, analyst upgrades (Jefferies Buy @ $24.30), and rotation into...

Gihanhemachandra

🔍 Technical Entry • Entry: $104.86 (market price as of latest close) • Stop: $96.61 (below recent swing low, ~–7.87%) • Target: $120.39 (analyst average target) ⸻ 🧪 Why BSX? • ✅ Strong Technicals: Breakout from tight consolidation above 21EMA & 50MA • ✅ Earnings Beast: 6 straight quarters of EPS beats; Q1 2025: +11.5% surprise • ✅ Raised Guidance:...

Gihanhemachandra

✅ Technical Setup • Entry: $40.60 • Stop: $37.80 • Target Zone: $44.80 – $47.00 • R:R Ratio: ~2:1 to 3:1 📊 Chart Notes: • Price has broken out above 50-day MA, signaling momentum shift • Formed a solid base between $38–$40 — now showing early signs of trend continuation • Volume picking up on up-days = accumulation 📉 Key Levels • Support: $38.00 (base...

Gihanhemachandra

ALL has just bounced off its 50-day moving average, showing early signs of a potential uptrend continuation. Momentum is building, backed by strong fundamentals and solid sector positioning. 🎯 Why we like it: • Holding firm above 50MA — a key level respected in past rallies • Business quality remains high with strong balance sheet and earnings history • Gaming...

Gihanhemachandra

Regal Partners Ltd (RPL.ASX) appears to be completing a bottoming formation after an extended downtrend. Price has broken out of the descending channel and just reclaimed the 200-day moving average — a potential momentum shift in play. 🟢 Bullish Setup: • Price action shows strong reversal characteristics • Volume uptick confirms interest near support • Trading...

Gihanhemachandra

EXEL is offering a compelling setup, trading just above its 50-day moving average — a key technical level that has historically provided strong support. The stock belongs to a high-quality company with solid financials, reinforcing confidence in the broader trend. With the price stabilizing above this important moving average, a small initial long position looks...

Gihanhemachandra

SNL has demonstrated impressive resilience, staging a sharp V-shaped recovery and returning to all-time highs despite broader market uncertainties. The stock’s ability to maintain strength through news-driven volatility highlights robust underlying momentum. With overall market volatility currently at manageable levels, a small initial position is warranted to...

Gihanhemachandra

CPU has consolidate at top for some time now and looking to make a move! with a stop around 6.5% (32.74) it's a good entry point to see how it will react in coming weeks to earnings. DISCLAIMER : The content and materials featured are for your information and education only and are not attended to address your particular personal requirements. The information...

Gihanhemachandra

PME has consolidate at all time high for 8 weeks now and looking to make a move. with the stop at 247.70 (50 day MA) it's a good risk to reward set up give it a go. DISCLAIMER : The content and materials featured are for your information and education only and are not attended to address your particular personal requirements. The information does not constitute...

Gihanhemachandra

FPH has consolidated over few months. stock has manage to weather the big shakeouts during Dec24. looking very strong to make a move again. decent stop with 6.2% to give it enough room. DISCLAIMER : The content and materials featured are for your information and education only and are not attended to address your particular personal requirements. The information...

Gihanhemachandra

SNL has done well and have consolidated at the top for some time. it's looking to breakthrough again. We can test this breakout with a safe stop around 31.30 DISCLAIMER : The content and materials featured are for your information and education only and are not attended to address your particular personal requirements. The information does not constitute...

Gihanhemachandra Updated 

CBA just like the WBC bouncing back from 50 day moving avg. market sentiment positive and these two shares should see taking off again to highs we show few weeks a go. stop at 132. DISCLAIMER : The content and materials featured are for your information and education only and are not attended to address your particular personal requirements. The information...

Gihanhemachandra Updated 

MQG have recovered after earnings and dividend shakeouts. have build a decent base above 50 day MA and now looking to break though. let's test this with a decent stop at 221. DISCLAIMER : The content and materials featured are for your information and education only and are not attended to address your particular personal requirements. The information does not...