Oliver-Basel

Oliver-Basel

• Reached the target price from the pennant formation which was built up beginning august • Short-term and long-term upward trend is still intact • It is up to you stay long or to take the profit

Oliver-Basel

• Possible double top Formation • If the stock price is correcting in the next days and passing the valley low at 105.50 a further correction to 97.60 should be expected. • Stock is testing the upward trendline. Could leave this area in the next days. • Formation target price is at the gap area which was built mid-march 20 • A technical support is given from the...

Oliver-Basel

• Breakout of the triangle formation - supported by high volume • Weekly chart showed negative divergence between the RSI and the future price • Formation price target at 1’759 which is near the support at 1’755 (weekly chart)

Oliver-Basel

• Downward trend channel still intact • RSI under 50 and in a descending triangle • Support by the 50% Fibonacci Retracement at 79’500 and by the gap from march at 78’700/79’900 • I see further downside pressure in the next weeks for the stock

Oliver-Basel

• Busted descending triangle end of July • Closed the gab from mid-June • Reached a new top • Will the stock be supported by the 100 MA which is crossing the 200 MA? • What will be the new trigger to push the stock even higher? • I would stay Neutral and take some profit

Oliver-Basel

• Testing the resistance at 3'393.50 • Upside trend intact (daily and weekly chart) • Creation of a flag in June with a price target of 3’520 • If the index breaks through the resistance a further upside to 3’520 is expected

Oliver-Basel

• The stock just left the pennant formation on the daily chart (left side) • Positive sign from the 100 moving average which crossed the 200 moving average • New price target at around CHF 235.70 • Nice upside trend on the weekly chart (right side); supported by the upside trendline

Oliver-Basel

Nike – NKE • The stock just left the descending triangle • Now it will be important to close the gap from mid-June • If the gap is closed, a further upside to the all-time high and above can be expected

Oliver-Basel

Nice Pennant Formation Supported by the lower volume Waiting for the break out Formation price target slightly above USD 300

Oliver-Basel

GC1 reached the formation target price of the ascending triangle today Upward trend still intact RSI is overbought on the daily and weekly chart RSI shows a negative divergence on the weekly chart – for a further increase it would be important to cross the downward trendline In my point of view GC1 climbed to fast in the last days. I’m expecting a break...

Oliver-Basel

Does the stock price build a double top formation? Will the stock price cross the previous valley low at HKD 511 If yes, the formation target price would be HKD 458; another 10% lower There was already a double top formation on the weekly chart February 18 After a sharp decrease the stock moved sideways over several months

Oliver-Basel

Resistance at the level 3’260/3’329 Trend is supported by the upward trendline Index shows some weakness to fill the resistance gap RSI shows a bearish divergence My view is that we cross the upward trendline in the coming week and that we are trending sideways to slightly downward

Oliver-Basel

After the breakout of the ascending triangle we moved up to the price target of the weekly chart GC1 took a break at this level and moved some days in a slightly downward in a corridor In the last two days GC1 broke out of this corridor and went back to the upward trendline In my point of view GC1 is increasing further to the target price of USD 1’913.80...

Oliver-Basel

• Missed to create a new high in July • Descending triangle with a support 94.41/95.04 (gap from end of May) and a resistance at 98.28 • 76.4% Fibonacci Retracement strengths the support at 94.40 • If the stock breaks through the support, next support will be at 87.01/89.66 (gap from mid-May) and the 61.8% Fibonacci Retracement at 87.80 • In my point of view a...

Oliver-Basel

Still in a downtrend on a daily and weekly basis Will the support hold at 0.93760? On a weekly basis the 100 MA will cross the 200 MA in the next days Will the dollar test the low from 2018 at 0.91876? My view is that the dollar will be still under pressure against Swiss Franc and that we will break through the support at 0.93760 and retest the lows from 2018

Oliver-Basel

Daily Chart on the left side After the drop it had nice recovery, followed by a sideward movement which the index left in the last days Passed through the resistance at 12’556.21 (horizontal line) and at 12’572.12 (76.4% Fibonacci Retracement) Golden Cross a few days ago Weekly Chart on the right side Uptrend since a few weeks 50 MA turned back...

Oliver-Basel

Ascending triangle Broke through end of july Tested the formation in the following days Price target 1913.80