After a couple of tests the price has finally broken above the W Formation (Neckline and Downtrend). The price is above 20 and 200MA which makes it a high probability analysis... It looks great for upside to R16.53. 'I'm bullish
Inv Cup and Handle has formed on Netcare since November 2023. It is a high probability nature that the price is likely to drop as the price is below both 20MA and 200MA. First target is to R10.36. NOTE: I do acknowledge that there could be a short term W Formation which could cause some chop and even short term upside. So this is indeed a medium term analysis.
Netcare showing a bull market as it broke above the medium term downtrend since August - September... It's now testing the support (which was the resistance) and is forming a potential Cup and Handle which is setting its next target to R15.16.
Bitcoin continues to move in a unidirectional growing trend, the key support level is the mark of 5.153.800. At the moment there are no signals of trend reversal, the ascent of quotations continues. The investor sentiment is on the optimistic levels close to the maximum euphoria, but peaks have not yet been reached in our opinion, so we monitor the situation in...
Mana Looks like going to breakout.Expecting nice profit from it
Not Financial Advice - Open to feedback good or bad Netcare - NTC Really sorry for the Ugly looking chart. Current Price R15.50 We can see clear bull div on the weekly. Price seems to holding above the monthly support (Blue line). Wont mind taking a spot position with a stop loss below R13.50. TP1 - R18.25 * TP 2 - R20.00 * Stop loss R13.50 Follow me on...
Going long here for the length of the previous buy toward that previous high.
Netcare has been struggling but is now showing signs of strength. After a strong breakout of a reaccumulation range, with increasing volume, we have seen a correction on declining volume. The stock looks like it might go and test the 2400 level.
Zoom out a little and you will find support. Let's hope this support is as strong as it looks. ;-)
This chart looks like an emergency that requires an urgent intervention! Perhaps the major volume seen today could be an indication of capitulation and i will be monitoring the price action in the days ahead to see if it is able to recover from these over extended levels. Should this level hold which is also coincidentally the bottom of the downward sloping...
short term bearish, midterm bullish..and Possibly long term bearish looking very good too early to tell but I will be watching it for a while and hopefully it all plays along. EVERYTHING adds up at the moment and i really like the looks of this. If we break up thats another story. But for now this is bearish. Follow for more charts, give this post a...
Traded this one early last month. They normally pip it into new lows just before the launch. FD holding
Pnf is the holy grail of trading, it really is
Traded this a few times now,generally a quick mover. Hard work done Resistance (R1) $1.30 broken Friday, should provide new support if required (after today) Looking for re entry atm Today has NEWS giving potential for Final shakeout/test/spring >>target $1.22, close hod? buy ONLY if relatively LOW VOLUME on low of day OR gapup (will enter on gap fill) & Breakout