The stock has showcased bullish engulfing pattern and ready to reach the target of 60. It has also breached the bearish trendline and ready to move up with the stop below WEMA 10.
The stock may rise to prescribed levels. C&D Holsin Engineering Consulting Co., Ltd. specializes in integrated engineering consultancy services, focusing on: Roads Bridges Tunnels Municipal housing construction Water transport projects The company offers services such as design, project management, testing, construction, comprehensive management & maintenance,...
After price broke out of the bearish line before and after making a hammer, it started a retracement. My assumption is it will eventually retest the Weekly EMA 10 levels, which will serve as support. Going long there (with the SL below the EMA 10) is a conservative way to enter the bullish trend. We have measure the long wick/shadow of hammer to calculate...
Globus Medical, Inc. (GMED), a leader in musculoskeletal solutions, is currently exhibiting strong bullish signals. The stock has maintained a steady uptrend, forming higher highs and lows on weekly charts. Trading above its 50-day and 200-day EMAs, GMED recently witnessed a golden cross, further solidifying its bullish momentum. Key support levels is...
Hello Everyone, Have spotted a bullish pattern on the chart that can take the prices to 23 in the short while. Points to note: > Breaking out from Symmetrical Triangle > Forming rectangle pattern > Rising volumes on the breakout. > Hammer spotted Important levels: Support: 19.4 (lower trendline of the triangle) Resistence: 23 (supply zone confirmed twice...