Tokyo xSeems like bulls are winning this one. Prices are trading well above STMA. Note that 42-46 is a heavy resistance zone.
Weak bearish divergence can be noted in the RSI
Csedaily
FCTAnother counter in a symmetrical triangle, Recent retrace 100DMA has supported the price and made recover.
Keep and eye at green RSI trendline. Breaking above it may give an early signal of breakout!
LMFanother simple chart. Prices have slowly come above MAs means bullish in short term while consolidating in a symmetrical tirangle. can expect a move soon. Take positions in portion or Stop at 120
EXPO another index dragger right here.!
counter was beaten down so hard and RSI has come to 21 (oversold ++) levels, while making Bullish divergence below 4hrs time frame. However clean close above 132 tomorrow is a must for counter to go back in the broken trendline to consider it being a Fakeout. Good collection and volumes were noted today at 130 levels.
4hrly chart also shows a falling wedge being made.!
RCLthere is hidden bullish divergence in RSI. However counter needs a catalyst for next Run.. ! definitely good prices for long term players!
SHOTSeems like another counter waiting for a big move. Do note the massive volume spike.
DMAS have convergence. 9.7 will be an important price point for bulls to flip.!
AELAEL has broken out from the Triangle and has achieved its short term target.
RSI might make a slight bearish divergence at 14.8 level. Keep a close eye
RCLseems like most of the folks used it for Dividend perse and got rejected hard at 35.2 fib point.
However now again at an attractive price for investors with a Hidden bulllish divergence in RSI.
JETScan expect a relief rally until 8, however weekly time frames still looking bearish with trading well below DMAs.
and there is a big bear flag on the brink. Broken down RSI had been retested
Traders should have their stop at 6.4
EMLKeep a very close eye on this counter. It is grooming to a big breakout very soon... close above 4.6 will turn the counter towards bullish side.
Note that all the MAs are converging together
PLRPLR is currently moving on a uptrend as visible, but being rejected at GP. It will likely to retest in in coming days. Two support levels are marked for the new entrants.
RSI trendline has broken and currently on a retest.
AGSTBroken down from a descending triangle and now made in to a falling wedge.
4hrly RSI shows bullish divergence!
CFLBcurrently dwindling in a symmetrical triangle. breakout of either side can be expected. However note that prices are still above 200DMA, making it the counter still bull Mid-LT
LIOC - oily mess?
LIOC failed to break 0.382 fib level last time... and got rejected at 206.75. Prices have declined ever since.
Next crucial support should be 183. Entering here with a strict stoploss can be done ideally. (1%-2%).
RSI may need to find support from its trendline as well.
**Remember sometimes the negatives are already priced in**
ASI - 3/13 After a big breakout from an IHNS, good profit taking has happened in in ASI, and prices found support in neckline + upper border of rising wedge.
many overheated counters were cooled down as well. Banking sector got its much needed pullback!
ASI 3/12/239600 Support is being tested multiple times.
Positive - RSI breakout is now on retest line.
ASI is above all the LT- DMAs.
SCAPhas broken out stronger than AAIC after getting support from the zone i have marked previous. RSI shows better strength as well...14.8-15.2 area shows great resistance for now. (remember that it is high risk and high gain.)
AAIC Seems like it heating up for another speculative drive. As expected AAIC held strong and jumped from the support zone as i have marked.
Keep and eye at resistance zone and golden pocket on the way up.
LALULALU seems to have broken out from its consolidation, 17.4 will be the flip point to make the counter break the structure in to more bullish!
RSI seems broken as well
EXPO
As expected EXPO crashed until golden pocket and held on it.! RSI shows clear bearish trend without any proper sign of reversal.
I have made two hypothetical paths which is possible. However Major support can be expected at 130-133 range.
LIOC - Oil 3x
As expected LIOC broke out from the last update i have done over the weekend and got rejected on point at 206.75 as mentioned above! ^
And in smaller time framers it got retested untill 201.75 and closed at 204. Likely we will clear above resistance point tomorrow. and go towards the marked resistance
gradually.
RSI seems to be broken out as well.. overall counter looks lit!
LIOC - oil oil oilLIOC is on a verge of a major breakout, prices are moving along the trendline with fib resistance at 206.75.
RSI has broken out and currently on retest while traders taking profit out. Note that all along LIOC being above MA200 is making the counter bullish in overall trend.
EMLSimple chart.. prices and SMAs are converging. A definite big move on the ways.. Mark your stops along lower trend line as well as your entries.
have at it !
