


DSELE99
EssentialAfter yesterday's pullback, price managed to rally over 20%, showing strong short-term momentum. However, MACD now appears to be losing steam, signaling a potential slowdown or consolidation phase ahead. If already in profit, it's wise to monitor closely... especially if the price nears resistance or fails to form a strong continuation pattern. Traders may...
Price is currently trading below key trend lines, indicating possible weakness. Some traders may begin locking in profits at this stage. Planning to enter? Maybe some will, but personally, I won’t... as the setup now looks more like a profit-taking zone rather than a fresh entry. Entering here might mean I become exit liquidity for others. Disclaimer: This post...
Price is hovering around the oversold zone.... a potential setup for rebound if buying interest steps in. However, oversold doesn’t always mean reversal. If momentum stays weak, price may continue sliding further. Watch for confirmation signals before acting. Oversold can stay oversold longer than expected in a strong downtrend. Disclaimer: This is for sharing...
Once one of the hottest stocks during the bull run... but that’s history now. From its all-time high of 6.740, it's down nearly 65%. Currently, the price is in the overbought zone and approaching a key resistance area. Despite the recent rebound, MACD remains below the zero line, suggesting the overall momentum still lacks strength. Should we keep an eye on it?...
The MACD is still below zero, while both the RSI and Stochastic RSI are in the overbought zone. This suggests that a pullback could be on the horizon, so caution is advised. After the pullback, watch for signs of a base forming, as this could indicate a potential rebound. Monitor closely for possible FIFO (First In, First Out) opportunities. Disclaimer: This is...
The MACD is still below zero, while both the RSI and Stochastic RSI are in the overbought zone. This suggests that a pullback could be on the horizon, so caution is advised. Disclaimer: This is not financial advice. Always conduct your own research and consult a professional before making any investment decisions.
The price has rebounded from a major support level, raising the possibility of a test against the downtrend line. If the price fails to break above this resistance, it may retrace back to the support zone. A breakdown below the support level could lead to further downside movement. From a technical perspective, confirmation of a breakout above the downtrend line...
The price has broken through multiple support levels, showing continued weakness with no strong reversal signals yet. The downtrend remains intact, and unless a solid base is formed, further downside movement is possible. Key Considerations: Support & Reversal Area: As no significant buying pressure has emerged, the next key level to watch is where price...
The price action briefly tested the 0.690 level before retracing, signaling potential resistance at this area. The RSI reaching overbought territory suggests that buying momentum may be overextended, increasing the likelihood of a pullback or consolidation before any further upward move. Despite this short-term bullish push, the MACD remains below 0, indicating...
It's always wise to develop and refine your own technical analysis (TA) rather than blindly following analysts' buy calls, such as the recent target price of 1.68 mentioned in local business news today. Based on the charts, the stock has been in a clear downward trend, with the price declining approximately 23% from its recent high of 1.09. If the stock were to...
The stock began its pullback on February 18th but faced heavy selling pressure on February 28th, resulting in a sharp decline. It broke multiple support levels and recorded a significant 16% loss, signaling strong bearish momentum. The MACD remains in a downward crossover (DC) and is below the zero line, indicating continued weakness and a lack of bullish...
The stock price continues to decline, making capital protection a priority. Cutting losses (CL) quickly may be necessary to mitigate further downside risk. Currently, the Relative Strength Index (RSI) is in oversold territory, indicating potential exhaustion in selling pressure. However, the Moving Average Convergence Divergence (MACD) remains in a downward...
The price struggled to hold above the 1.140 area, indicating weakness in the current trend. The next key support level to watch is around 0.960. If the price stabilizes here, it may enter a consolidation phase. However, if this support level is broken, further downside pressure is likely. Although the RSI is in the oversold zone, suggesting that the stock may be...
The stock is facing 1.160 as the nearest resistance level, which could act as a hurdle for further upside movement. Meanwhile, both the RSI and Stochastic RSI are in the overbought zone, indicating that the stock may be overextended in the short term. Despite this, the MACD remains below zero, suggesting that the broader trend has yet to fully turn bullish. Given...
The stock continues to decline, showing no clear signs of a reversal yet. The price remains in a downtrend, with each move lower reinforcing the bearish momentum. At the moment, 2.10 serves as the key support level, where buyers may attempt to defend the price. On the upside, the nearest resistance zone is around 2.40 – 2.55, which must be cleared for any...
The price has closed below the moving average (MA) line, signaling potential weakness in the trend. Additionally, the MACD indicator is below zero, reinforcing a bearish sentiment. However, a key downtrend line remains in play, and a breakout above this resistance level could shift momentum. On the downside, strong support is seen around the 3.35 area, which...
The price is currently testing the support level around the 2.38 area. The key question now is whether this level will hold and trigger a short-term rebound or if the selling pressure will persist, leading to a breakdown below support. Several factors will determine the next move: market sentiment, trading volume, and broader trend direction. A strong bounce with...
The resistance around the 1.27 level is quite evident. Currently, the stock appears to be in an overbought condition, with the price closing below its moving average. This raises the possibility of a healthy pullback, but there's also a chance that selling pressure could intensify soon. While others may be focusing on potential dividends and bonus issues, I...