Bullish signs from most indicators. CMF hitting resistance, suggesting small pull back Watching for downtrend to be broken before entry Could also turn into a double bottom The market is completely unpredictable right now but here is what possibly may play out.
DUB DUB DUB I like this one, Bullish: Moving average cross 20>50. Chalken money flow cross and convergence (higher lows against SP lower lows) Selling pressure weakening. Long range MACD convergence. Downtrend breakout. Decending wedge pattern. Possible cup and handle forming into a new trend. Bearish: Umm, a little help? DUB trades low volume with a wider...
Grange Resources Ascending triangle breakout indicating a trend reversal. Bullish signals: Clear breakout above resistance @ 0.855 MACD trending upwards since September and has risen above histogram 0 point. SP has risen above 50MA and recently bounced on it Strong RSI momentum Bearish Signals: RSI indicating stock is now overbought Yellow downtrend line. Best...
Range Bound. Double Bottom. CMF Convergence. 20>50MA Possible break out into a bullish trend. Entries in orange
multiple indicators confirming near term reversal CMF showing bullish reversal Downtrend breakout 20>50 positive revenue
8 years of gains in 15 months Ascending wedge Indicators screaming overbought Momentum slowing down and making lowers highs. What's going to be the straw that breaks the camels back?
I got a little creative with this one and I see it going something like this.
Possibly an opportunity to trade expectation momentum of extension drilling results coming early May. Found a comfortable support around 0.02 after disappointing initial drilling. Highly unlikely people are going to dump this stock prior to the announcement, get in early and you could make a couple of pips on way up before the announcement. Hypothetical trend line...
Technical indicators are pointing towards a possible near term correction. SP trading within a long term bearish ascending wedge pattern. (purple) Short term bearish descending triangle forming. (red) MACD showing bearish convergence. (white) Shooting star candlestick shows excessive selling pressure. Odds are in the favour of the bears. Confirmation would...
TA -Strong trendline support, the 20 over the 50SMA confirms a bullish trend. The price moves upwards as the candle stick fills the gap in between both. -RSI has support at 45. -Momentum slightly starts to rise. -Volume thins out. All prior to a rally. To sum it all up. SP rallies only when volume thins out, candle sticks have filled the gap between 20/50SMA...
To Andrew Spinks, management, long term holders and believers of EGR, congratulations. The long wait and enduring patience has finally been rewarded. EGR are well positioned to truly capitalise on the 4th industrial revolution. Well done all. www.ecograf.com.au
665d bearish trend will be tested. Technical indicators are suggesting SP will breakout to the upside this time, but I can't see this happening with current fundamentals. So are the technical indicators predicting trend changing news in the near term?.. I dunno, but this will be good to observe and analyze.
The end of the current consolidation cycle into a new bullish move will be determined by an ascending triangle breakout. RSI is approaching the reversal sweet spot and a reversal here would likely give us the breakout we need above 0.38-0.40. OBV shows solid growth and CMF has formed a distinct pattern of higher lows and is spending less and less time in the...
I've been watching WCN for a year now and after acquiring some Copper/Gold Tenements in the Paterson Province there suddenly has been some high volume that WCN hasn't seen in a long time. With gold prices at a high and tenements in a quality area this could be a game changer for these guys later down the road. Seems people are already getting onboard. From the...
Ecograf have performed exceptionally well after its SPP at 6.5c and are currently up 170%. The new gains were mostly from publicity and securing land in Rockingham for their Ecofriendly battery graphite processing facility. Investors would be welcoming the improved advertising effort and increased frequency of their announcements. Because prior to this,...
This is a pattern and indicator analysis. Trend reversal signs Momentum breaking above 0.002. CMF increasing steadily from around -0.6. RSI downtrend breakout. and a bullish engulfing candle that exceeds above the 10 day EMA. Something else to note is the breakout above the 100 day downtrend line and the high volume, AGY doesn't appear to get dumped after...
I might just let the chart speak for itself. Can't really see this going down any further, the bears have had there time, someone, let the bull out! If we break the white downtrend line I'm going to be really happy with this set up. Going for a swing trade, couple of months. Hoping to see 50-70%. Lets see how it plays out!
A few signs tell me where in for a trend reversal. 1.Downtrend and falling wedge breakout. 2.CMF shows accumulation, trending upwards as the SP was still downtrending. This happened a while back during sideways movement and was followed by a spike. Although it did continue down before, I think this time is different because there is a clear breakout here. 3.Large...