Rotuma

Rotuma

ASX 200 Material Index could be on its way to completing a head and shoulder and a double top price pattern. The index closed on Friday 18-8-17 at 10223 down by -1.00% a critical support price point. In the last 14 trading days, the Index had 2 failed attempts to break above 10223. However, it was successful on 7-8-17 but failed to hold and within four days was...

Rotuma

ASX 300 Metal & Mining Index closed on Friday 18-8-17 at 3093 a critical support price point which had four consecutive failed attempts in the past five months and was recently successful on 4/8/17 but after seven trading days it is showing signs of weakness to maintain its trading activities above 3093. Three things could happen in the coming weeks. 1. The...

Rotuma

SPX S&P 500 Index is on its 3rd and final stage of completing a head and shoulder price formation. After observing the trading activities of the Index in the last two weeks, we could clearly see that the there were two failed attempts to push the Index price above 2480 resulting in lower highs and lower lows. We are currently looking at two possible scenarios that...

Rotuma

LYN.ASX Share prices could be heading down to around 9 cents if fails to hold at 13.5 cents support price point.