NASDAQ:CELH is looking at a possible bottom rebound after strong volume supporting the break out of the downtrend line. We believe that the stock is eyeing 60.00 in the mid-term. Ichimoku shows two out of three bullish crossover and Stochastic has shown oversold crossover. Furthermore, the 23-period ROC shows a bullish divergence.
Bullish break out of the flag and recent filling up the bearish gap signify a possible bullish return of the stock. Will continue to add and punt.
The Hang Seng index 15 min chart is looking at a accumulative rebound within the larger distributive phase. As the larger distributive phase is looking at an automatic rally rebound.
China Coal is looking at a continued upside ever since it has been trending on an upward trend for a year. Maintain buy
Realtek Semi is likely looking at a possible bullish continuation to the upside after completing a three wave corrective channel with a recent v-shaped bottom rebound.
Sembcorp is in a larger distributive phase and is likely to see short to mid-term rebound as it is in a SOW phase. Meaning that there is a possibility of a UT test in phase B going beyond 6.00. Key support remain at 4.07-4.38
The Ichimoku is looking at a possible upside continuation and momentum is strong. We are looking at 34.00 and 36.00 as a target price.
JNJ has saw strong bullish pressure at the bottom of the downside channel and it is likely to complete a larger degree (ABC) wave. As such, we are ver bullish on NYSE:JNJ Stochastic OScillator has completed an oversold crossover and longer-term MACD is close to complete an oversold crossover.
NEO:VISA is looking at a possible end of a terminal corrective wave and heading toward an upside move.
The formation of the larger falling wedge is pointing toward a potential reversal pattern ahead and though MACD is showing a downtrend, the price chart selling was rather weak hence, I would think that the upside is coming. Price action-wise, the bullish engulfing on Tuesday was followed through with higher prices on Wednesday itself before the market closed for...
NYSE:IBM is likely to complete the last leg of the ABC expanded flat formation or the UTAD of the distributive phase C. Slight strong buying is seen on Tuesday after rebounding off the demand zone at 166.11 and is likely to see strong upside. Hence, considering to buy at spot or 162 limit price. Target will be at 200.00
NASDAQ:CSCO is looking at a potential rebound after a strong rebound was seen at 44.94 support. Despite rejection at 47.64-48.50, the stock is still poised for further upside. Mid-term stochastic is likely to confirmed its oversold crossover. Volume spike recently and larger falling wedge is in place as a potential reversal to the upside. Buy spot at 47.29 or...
TWSE:3481 1. Innolux has been on a strong downtrend for 3 years but recent break out of the downtrend has halted the selling. Current mid to long-term trend remain rangebound. Short-term trend (2 months) is likely to see a comeback and continued upside as the stock has gapped up above the overhead resistance and the short-term range between 13.00-14.40. ...
NASDAQ:GILD had a strong bullish buying pressure at the bottom with the support of a volume spike. Furthermore, it has broken out of the downtrend line. Double bottom formation is confirmed and Mid-term stochastic is showing confirmation of oversold together with divergence. Hence, we will buy on market spot upon open or a retracement to 69.11 or 64.85.
KRX:329180 is looking at a strong bullish upside after today's bullish bar is strong to be filling up the gap. The stock also saw strong upside pressure looking to push further to the upside.
NASDAQ:LRCX is looking at one more leg of a downside 3-wave correction and test the lower support at 798.98 level. We believe that the formation of a 5-wave larger degree broadening wedge is underway and if it form successfully , the stock will stage a grand rebound to the upside in the long-term
NASDAQ:MNST Selling has been halted for Monster Beverages after bearish exhaustion was seen on 30th May. Thereafter, the stock saw a bullish divergence on the RSI, and volume has spiked. As such, we are entering buy at spot at 52.20 or waiting for a pullback to the 50.43 demand zone. Target could see beyond 60.00 in the midterm
NYSE:FDX is looking at a potential resumption of upside after strong buying pressure was seen at the 247.22 key support region—furthermore, the downside from 291.54 was a mere correction, we think it's likely to be a correction as no strong bearish pressure was seen. The bullish engulfing candle was seen on Monday with mid-term stochastic showing potential...