LMF BuyBetter to buy a chunk of LMF around current price 25.30 LKR (Now) as price is breaking out from the support zone 21.90 - 24.10 LKR and also breaking previous higher candle body price of 24.50. If you're buying new, better to buy 30% of the planned share amount, thinking of DCA if the price gets dropped. DCA buying plan is as follows.
25.30 LKR (30%)
20.00 LKR (33%)
17.50 LKR (37%)
SAMP.NThis chart and analysis are not financial advice. Do your own research before trading or investing.
01. Cup and Handle Pattern:
The white line represents a pattern called the "cup and handle," lasting about 130 market days.
This pattern is considered strong and reliable in technical analysis.
02. Volatility Contraction Pattern Setup:
The yellow markings indicate a setup called the "volatility contraction pattern."
This setup aligns well with the three fundamental aspects of the pattern.
03. Grey Dashed Line as Pivot Point:
The grey dashed line signifies a potential pivot point.
To the left of this line, there's a noted area of overhead supply, highlighted in red and spanning 22 market days.
Despite this, the Volatility Contraction Pattern has extended for 147 market days, suggesting reduced overhead selling.
Daily stock volumes are decreasing without significant price movements.
Importantly, there's a 5.85 dividend from the company, making the estimated price from the pivot point $79.90 (calculated as $74 + $5.85).
This leads to an assumption that there might not be much overhead supply in that area when reached.
In simpler terms, the analysis suggests a strong and reliable pattern in the stock, a setup indicating reduced market volatility, and the potential for less selling pressure at a certain price level due to factors like dividends. Remember, this is just one perspective, and investing always involves some level of risk.
DIAL.N0000Wait for a pullback
Buy Zone - 8.7 to 8.9
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.
JAT.N0000Falling Wedge Pattern. Wait for a break out in daily 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.
KGAL.N0000Buy Zone - 100 to 120
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.
RCL.N0000 - Strong resistance levelsThere are two areas for RCL that will act as strong resistance levels.
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.
#CSEACL Bear trap possibly!The share has been consolidating since last october between 75-65 levels. The Co has been able to improve its export business in great strides over the last few years. This ensures steady flow of export revenue that can be utilised for import of raw material required for production.
SLT.N0000Wait for a pullback to 85 area
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.
PACK.N0000Next Buy Zone - 10.2 to 10.9
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.
AGAL.N0000Daily candles trading above 200EMA line. This is a good sign for AGAL.
Buy Zone - 27 - 29
SL - 24
Resistance around 38 to 40
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.
HAYL BuyBetter to buy a chunk of HAYC around 70.00 - 75.00 LKR (Now) as price is bouncing off a support level and recently broken the down trendline convincingly. If you're buying new, better to buy 30% of the planned share amount, thinking of DCA if the price gets dropped. DCA buying plan is as follows.
70.00 - 75.00 LKR (30%)
58.00 - 64.00 LKR (33%)
Around 36.00 LKR (37%)
RCL BuyBetter to buy a chunk of RCL around 30.00 LKR. Trendline from 30th May, 2023 is currently holding. If you're buying new, better to buy 30% of the planned share amount, thinking of DCA if the price gets dropped. DCA buying plan is as follows.
Around 30.00 LKR (30%)
25.00 - 27.00 LKR (33%)
Around 22.50 LKR (37%)
AGPL.N0000Breaking to upper side from falling wedge pattern.
Buy Zone - 7.4 to 7.6
SL - 7.2
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.
LWL.N0000LWL will be bullish in upcoming days. LWL needs to close daily candles above 50+ (above 50, 200 MA lines)
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.
LLUB.N0000Monitor on two buy zones 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.
AAIC.N0000Buy Zone - 66 to 76
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.
PLR.N0000Buy Zone - 8 to 8.5
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.
AGST.N0000Closely monitor on Buy Zone
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.
RWSL.N0000Wait for pullback around 7.2 to 7.5
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.
TPL.N0000Buy zone and Strong Support zone mentioned 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.