Where next for Crest Nicholson?Repeatedly testing support
All EMAs aligned and trending down
Bearish anyone?
Shares
Intel shares will rise due to its strong chip sales to companiesWe have immediate resistance at 50.84, passing this level unlocks the upside, and with support of good fundamentals price can reach 60 in the following 2-3 months. Today price up 2% so far.
Will Mysale head higher?Good results from Mysale may help the company break the triangle pattern
that started to form in January last year.
Wait and see?
Playtech's looking bearish It's gapped through a few support levels
and has resistance of 808 at its 200 EMA
#bearish outlook
One of Lancashire's worst weekly fallsOne of Lancashire's worst weekly falls
A "very" bearish engulfing candle.
Where will 600 group go?Where will 600 Group go
after the breakout in late January?
Both moving averages on the chart are about the 200 EMA,
so it looks bullish.
Mid Term Correction Idea for SG marketSGX:SGP1!
Mid Term trade idea for SGX:SGP1
Due to the weakening dollar (DXY) testing a very strong support level, and Singapore market being negatively correlated with the dollar...
If the USD bounces above its key long term support, it would then mean that Singapore market would be in a period of intermediate correction.
Alternatively, if the USD breaks below it's key long term support, we would see the big boys (banks, HFs, AMs) move their money towards the cheaper assets across the EM countries. Holding USD denominated assets in the alternative scenario will erode the value of their portfolios.
Preferred Scenario - USD recovers and bounces above support, EM markets enter temporary correction
Short when SGX:SGP1 closes below 399.65.
Play the drop towards 378.00 for corrective wave A.
RSI also currently finding support and testing neutral level at 50%
Strong results mean bullish change in trend? Unconfirmed though.Bullish change in the trend After Cenkos's good results.
However, not yet confirmed as it needs to get beyond 122p
and its 200 EMA.
Fast Forward resumes its breakout after a rewindAfter the breakout on 2nd Jan FFWD reached a high of 30p
and then proceeded to rewind to 17p
Today's rise of circa 12% sets the breakout off in a
bullish direction.
needs a correctionIntel shares rally have to correct its rally to continue upward
i think that it have to test 1st trend line at 43.5's area then 2nd trend line at 40's area before rebound
trade safe and good luck
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$BVIC has broken out after almost 4 years of resistanceAfter almost 4 years, and 5 touches of 780 (resistance), $BVIC has broken out. It's possible it can get to 1100.
SIF: Example of how hedge-funds operateThe strategy described on the chart is simple. First i'll take a long position to target the last high. From that point i'll take a short position which is exactly the same size as my long position. This means that from that point it doesn't matter what the market will do next, because I have my profit locked between these 2 points. I would preferably see price to then break the last high, so i could add another buy above it. If price gets back to the entry point of my short position, I simply close the extra long, and will not have any negative effect on my profit.
The advantage of hedging your position is that: 1. You'll have no risk from that point, if done correctly. 2. You could add positions if the market continues to surge and make extra profit. 3. No one knows what the market is going to do, it's always a process of probability. So if the price does go up to the last high, and then crashes down, I'm still risk free and could even add more short positions to it.
You could also hedge by going long in one stock, and short another stock which is correlated to the one you went long. You then expect one stock to do better than the other.
Will Lakehouse head up?Not such a strong reaction to today's results.
Appears bullish though, so wait and see.
After 9 tests (!!), Fastforward Innovation breaks out. But...After 9 tests of resistance, FFWD breaks out.
But the pullback was very strong from the 30p high. Too much speculation at that time, and it's now at 18.8p
Can it get back upto 30p and move beyond?
PS: It pulled back to its 38.2% Fib level
$BON has broken out, but is in middle of a pullback$BON has broken out but is in middle of a pullback
It could also pullback to the 114 breakout line before heading higher.
Wait and see.
$CALL Strong bullish candle $CALL Strong bullish candle on today's results
Should help it rise above 176p
$OXB A six month consolidation before a bullish move this week.$OXB A six month consolidation before a bullish move this week.
Formed a symmetrical triangle with 3 touches on each side before the breakout.
Is $TSCO heading for a break out?Now the triangle has almost formed,
is Tesco heading for a breakout?
Needs some very good news to push it up though.
About to breakout?No break out yet, but it's building up to it.
Since Jan 2016, it's also made a rough H&S pattern
Reversal to the upside?
