1.Price Formation: The price has broken out from a FALLING FLAG price formation on a daily chart. 2.Moving Averages: The 7-day moving average (MA) is above the 21-day MA, which is a positive sign indicating bullish momentum. 3.200-day Moving Average is below the Price. 4.Thus, Mas 7>21>200 5.Relative Strength Index (RSI): The RSI is > than 50, indicating bullish...
1.Price Formation: The price has broken out from a FALLING FLAG price formation on a daily chart. 2.Moving Averages: The 7-day moving average (MA) is above the 21-day MA, which is a positive sign indicating bullish momentum. 3.200-day Moving Average is below the Price. 4.Thus, Mas 7>21>200 5.Relative Strength Index (RSI): The RSI is > than 50, indicating...
NZDUSD 1.Price Formation: The price has broken out from a C&H price formation on a daily chart. 2.Moving Averages: The 7-day moving average (MA) is above the 21-day MA, which is a positive sign indicating bullish momentum. 3.200-day Moving Average is below the Price . 4.Thus, Mas 7>21>200 5.Relative Strength Index (RSI): The RSI is > than 50, indicating bearish...
EURAud 1.Price Formation: The price has broken down from a reverse inverted C&H price formation on a daily chart. 2.Moving Averages: The 7-day moving average (MA) is below the 21-day MA, which is a positive sign indicating bearish momentum. 3.200-day Moving Average is above the Price and just above the 21MA. 4.Thus, Mas 7<21<200 5.Relative Strength Index...
GBPAud 1.Price Formation: The price has broken down from a H&S or Descending Triangle price formation on a daily chart. 2.Moving Averages: The 7-day moving average (MA) is below the 21-day MA, which is a positive sign indicating bearish momentum. 3.200-day Moving Average is above the Price and just above the 21MA. 4.Thus, Mas 7<21<200 5.Relative Strength...
GBPNZD 1.Price Formation: The price has broken down from an inverted C&H or M price formation on a daily chart. 2.Moving Averages: The 7-day moving average (MA) is below the 21-day MA, which is a positive sign indicating bearish momentum. 3.200-day Moving Average is above the Price and just above the 21MA. 4.Thus, Mas 7<21<200 5.Relative Strength Index (RSI):...
Breaking New Heights: C&H Formation Unleashes Bullish Surge! NXP Semiconductors Chart Analysis 1.Price Formation: The price has broken out from a C&H price formation on a daily chart. 2.Moving Averages: The 7-day moving average (MA) is above the 21-day MA, which is a positive sign indicating bullish momentum. 3.200-day Moving Average is below the Price. 4.Thus,...
CFD trade on Pick and Pay has reached its target with profits, the current technical analysis suggests that the stock may continue to exhibit bearish tendencies. However, it's important to remember that market conditions can change rapidly,
Pick and pay Pick and Pay's Market Outlook: From Descending Triangle to Bearish Sentiment 1. Price Formation: The price has broken from a descending triangle (An inverse Cup and Handle confirm bearish sentiment) price formation on a daily chart. 2. Moving Averages: The 7-day moving average (MA) is below the 21-day MA, which is a positive sign indicating short-term...
A bearish sentiment continues on Famous brands with the a rising wedge pattern developing on a daily price chart. Price has broken down and if it closes below and it will probable that it will go down all the way to a first target of R55. Moving Averages 7<21<200 RSI <50
Prosus N.V 1. Price Formation: The price has broken out from an inverted Cup and Handle price formation on a daily chart within a rising channel. 2. Moving Averages: The 7-day moving average (MA) is below the 21-day MA, which is a sign indicating short-term bearish momentum. 3. 200-day Moving Average is above the Price. 4. Thus, Mas 7<21 < 200 5. Relative Strength...
Richemont Bearish Bias in Richemont: A Head & Shoulder Price Pattern Analysis” A bearish bias is indicated by the breakout of the price from a Head & Shoulder price pattern. (MAs 7<21<200 confirms the bearish sentiment. Additionally, RSI below 50 further supports the bearish bias. Target is set at R1800. Richemont – the company Richemont is a multinational luxury...
Kumba Iron Ore Kumba Iron Ore and the Bullish Trend: Moving Towards R600 1.Price Formation: The price has broken out from a C&H price formation on a daily chart. 2.Moving Averages: The 7-day moving average (MA) is above the 21-day MA, which is a positive sign indicating bullish momentum. 3.200-day Moving Average is below the Price. 4.Thus, Mas 7>21>200 5.Relative...
Oil Reverse Inverse Cup &Handle 1.Price Formation: The price has broken out from a Reverse Inverted Cup & Handle price formation on a daily chart. 2.Moving Averages: The 7-day moving average (MA) is below the 21-day MA, which is a further confirmation of bearish sentiment. 3.200-day Moving Average is above the Price. 4.Thus, Mas 7<21<200 5.Relative Strength...
1.Price Formation: The price has broken out from a DIAMOND price formation on a daily chart. A further confirmation of an Inverted Cup & Handle pattern breakout. 2.Moving Averages: The 7-day moving average (MA) is below the 21-day MA, which is a further confirmation of bearish sentiment. 3.200-day Moving Average is above the Price. 4.Thus, Mas 7<21<200 5.Relative...
GBPJPY GBP/JPY Cuts a Diamond Path to Bullish 194 1.Price Formation: The price has broken out from a DIAMOND price formation on a daily chart. 2.Moving Averages: The 7-day moving average (MA) is above the 21-day MA, which is a positive sign indicating bullish momentum. 3.200-day Moving Average is below the Price. 4.Thus, Mas 7>21>200 5.Relative Strength Index...
EUR/JPY's Diamond Power Play 1.Price Formation: The price has broken out from a DIAMOND price formation on a daily chart. 2.Moving Averages: The 7-day moving average (MA) is above the 21-day MA, which is a positive sign indicating bullish momentum. 3.200-day Moving Average is below the Price. 4.Thus, Mas 7>21>200 5.Relative Strength Index (RSI): The RSI is >...
Remgro Ltd Sideways to Bearish: Remgro's Price Action Anticipates a Dip The price has demonstrated a sideways trend since 2021; however, given the current price action, it may potentially decline to the R120 region. 1.Price Formation: The price has broken out from an inverted cup&Handle (M formation) price formation on a daily chart. 2.Moving Averages: The 7-day...