GLAS.N0000Wait for pullback to 20
Disclaimer: The information and analysis provided in this publication are for educational purposes only and should not be construed as financial advice or recommendations to buy, sell, or hold any securities. The author and TradingView are not responsible for any investment decisions made based on the content presented herein. Always consult a financial professional before making any investment decisions.
Csedaily
ACL.N0000Wait for pullback to 65 - 70
Disclaimer: The information and analysis provided in this publication are for educational purposes only and should not be construed as financial advice or recommendations to buy, sell, or hold any securities. The author and TradingView are not responsible for any investment decisions made based on the content presented herein. Always consult a financial professional before making any investment decisions.
CHOT.N0000Wait for pullback to 16 - 17
Disclaimer: The information and analysis provided in this publication are for educational purposes only and should not be construed as financial advice or recommendations to buy, sell, or hold any securities. The author and TradingView are not responsible for any investment decisions made based on the content presented herein. Always consult a financial professional before making any investment decisions.
HNB.N0000Entry Point: 140-145
Profit Target - 175
Stop-Loss: 135
Disclaimer: The information and analysis provided in this publication are for educational purposes only and should not be construed as financial advice or recommendations to buy, sell, or hold any securities. The author and TradingView are not responsible for any investment decisions made based on the content presented herein. Always consult a financial professional before making any investment decisions.
ASI - Bull cycle for stock market in Sri lankaLong term targets for ASI indicated in above chart.
Disclaimer: The information and analysis provided in this publication are for educational purposes only and should not be construed as financial advice or recommendations to buy, sell, or hold any securities. The author and TradingView are not responsible for any investment decisions made based on the content presented herein. Always consult a financial professional before making any investment decisions.
KOTA.N0000Entry Point: 5.8 - 6.2
Profit Target: 9.2 - 10
Stop-Loss: 5.5
Disclaimer: The information and analysis provided in this publication are for educational purposes only and should not be construed as financial advice or recommendations to buy, sell, or hold any securities. The author and TradingView are not responsible for any investment decisions made based on the content presented herein. Always consult a financial professional before making any investment decisions.
ASI - Falling Wedge Pattern in CSEASI might bounce from 8500 level. Closely monitor this falling wedge pattern and fib levels in the chart.
Disclaimer : The information and analysis provided in this publication are for educational purposes only and should not be construed as financial advice or recommendations to buy, sell, or hold any securities. The author and TradingView are not responsible for any investment decisions made based on the content presented herein. Always consult a financial professional before making any investment decisions.
TEEJAY LANKA PLC - Falling Wedge PatternEntry Point: 30 to 31
Profit Target: 40
Stop-Loss: 28
Disclaimer: The information and analysis provided in this publication are for educational purposes only and should not be construed as financial advice or recommendations to buy, sell, or hold any securities. The author and TradingView are not responsible for any investment decisions made based on the content presented herein. Always consult a financial professional before making any investment decisions.
CSE - ASI 6/19After recent breakout bourse took a breather after getting rejected at golden pocket fib level.
currently its nearing the support zone roughly at 9150 range.. expecting a bounce here while forming another HH and HL formation. Failure to that pullback could extend to 9030 levels.
lets watch!
CSR - ASI 29/5once again we are at cross road.. ASI is adamant on testing the tight support zone once again..
Pluses +
possible triple bullish divergence and breakout retest of RSI
ASI in a falling wedge
Strong demand zone at 8500-8550 levels
long term daily trendline support
Negs -
Support being tested several times.
SMA50 is curving towards SMA200.
Next support being 7800 (major one)
ASI Bearish again! Where is the bottom?Next Strong Support Levels:
8600
8200
Disclaimer: The information and analysis provided in this publication are for educational purposes only and should not be construed as financial advice or recommendations to buy, sell, or hold any securities. The author and TradingView are not responsible for any investment decisions made based on the content presented herein. Always consult a financial professional before making any investment decisions.
CSE - ASI 21/5/23Market has been dull and showing bare minimum turnover for past couple of weeks. Indicating minimal interest of the investors. Usually happens when market bottoming out.
Technically lower trendline is where money lies. Quick touch there should bounce it at the support zone 8550 ~ 8520 roughly, with a possibility of making a RSI divergence.
Keep good eye on RSI trendline for a possible breakout.
DDR/DDO would play a major role as the trigger for next move in price action.
Holding the trendline from previous lows will be crucial for bulls. Below that we might see further pullback/correction/ or more..
NOT an IA
BOGAWANTALAWA TEA ESTATES PLC (BOPL.N0000)Entry Point: 40-42
Profit Target: 60
Stop-Loss: 37
Disclaimer: The information and analysis provided in this publication are for educational purposes only and should not be construed as financial advice or recommendations to buy, sell, or hold any securities. The author and TradingView are not responsible for any investment decisions made based on the content presented herein. Always consult a financial professional before making any investment decisions.
CSE ASI 5/2/2023ASI got a colossal 271 points drop today almost triggering circuit breakers today in bourse! This was the biggest single day drop ever since last year October 11th.
As expected from losing rising wedge trendline support market was showing diminished strength even though most of the fundamentals are coming in to place.
What to expect
* I strongly believe market should bounce hard from 8430-8500 levels. given the long standing trendline support lying there.
Pros.
* Market is properly oversold, green RSI region has only being pierced once in recent history. Covid era
* Fundamentals are flipping
* Interest rates are gradually coming down
* 0.5 Fib level
* Possible double bottom with a good support zone (marked in green)
Cons.
* DDR uncertainty.
* Dollar earning counters are at slight risk due to rupee appreciation
* Risk of losing dark green trendline. (further downtrend can be expected, though unlikely, there is a possibility
Not IA. just observations..
RICHARD PIERIS (RICH.N0000) at Strong Support ZoneEntry Point : 20 to 21
Profit Target : 32+
Stop-Loss : 18.5
Disclaimer : The information and analysis provided in this publication are for educational purposes only and should not be construed as financial advice or recommendations to buy, sell, or hold any securities. The author and TradingView are not responsible for any investment decisions made based on the content presented herein. Always consult a financial professional before making any investment decisions.
HTRC(HIGH TIDE RESOURC CORP)Hi
HTRC(HIGH TIDE RESOURC CORP) created daily demand zone and i defined as orange box yesterday but i couldn't post it here and today candle confirmed
Entry:0.130 but This candle started and current price is ok
SL:0.100
TP:0.310 (100% profit)
Hope you enjoy and make me happy by share and comment of your ideas
#BIGG(BIGG DIGITAL ASSETS INC)hi friends
in this post i am describing a high profitable and long term one
as i depicted in Black box area we have good demand zone
Entry:0.260
SL:0.215
TP: according to what i analyzed final target in long term is 5$ but you can save profit in
TP1:0.79(190%)
TP2:2.14(700%)
TP3:5.03(1800%)
I hope you enjoy and support me by share and comment
thank you for your time reading my analysis
PHARMALA BIOTECH HOLDINGS INC(#MDMA))Hi Dude
from now on i am going to scrutinize Canada Stock market Shares
for This post I Analyze MDMA Share
as Depicted in picture i suggest:
Entry:0.295
SL:0.245
TP= 1:7 but dont hurry and wait for breaking orange trendline
if you like please support by comment and share
LIOCMarket is being going through a roller coaster due to this guy!
its currently being absorbing heavy liquidity below 165, tomorrows close is vital.
pros.
small timeframes flipping bullish 1hr and below
making a small falling wedge
possible double bottom pattern
most negatives are being priced in
cons.
trading below 200DMA
previous support at 170 (descending triangle) will act like hard resistance
if you are longing make sure to DCA and buy in portions