FAANG's Bullish Banner:FAANG's Falling Flag Sets for 5780 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...
EURJPY 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...
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...
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...
Hyprop Analysis: Charting the Course to a Price Target of 26. Hyprop Investment Ltd 1. Price Formation: The price has previously broken out from a Reverse inverted Cup &Handle price formation on a daily chart and hit a target. Bearish sentiment. 2. Moving Averages: The 7-day moving average (MA) is below the 21-day MA. 3. 200-day Moving Average is above the...
Satrix Top 40 1. Price Formation: The price has broken out from an inverted Cup and 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 sign indicating short-term bearish momentum. 3. 200-day Moving Average is above the Price. 4. Thus, Mas 7<21 < 200 5. Relative Strength Index (RSI): The...
EurGbP 1. Price Formation: The price has broken out from a Cup and Handle price formation on a daily chart. Previously, failed to move down from an M-formation and turned up. 2. Moving Averages: The 7-day moving average (MA) is above the 21-day MA, which is a sign indicating short-term bullish momentum. 3. 200-day Moving Average is below the Price. 4. Thus, Mas...
CHFJPY 1. Price Formation: The price has broken out from a falling wedge price formation on a daily chart. It has further formed a Reverse Cup and Handle formation and has broken out of the brim 2. Moving Averages: The 7-day moving average (MA) is above the 21-day MA, which is a positive sign indicating short-term bullish momentum. 3. 200-day Moving Average is...
Netflix (NFLX) 1. Price Formation: The price has broken out from a Rising channel (Flag) price formation on a daily chart. 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 and 21=200 5. Relative Strength Index (RSI): The...
In the Green: Bullish Indicators and the Quest for 56 Sappi (JSE: SAP) 1. Price Formation: The price has broken out from a Reverse Cup and Handle 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 short-term bullish momentum. 3. 200-day Moving Average is below the...
NEPI Rockcastle's Chart: A Bearish Forecast with a Target of 80. NEPI Rockcastle plc 1. Price Formation: The price has previously broken out of an M price formation on a daily chart and hit a target. Bearish sentiment. 2. Moving Averages: The 7-day moving average (MA) is below the 21-day MA. 3. 200-day Moving Average is above the Price. 5. Relative Strength Index...
Inverted Cup & Handle Signals Downtrend for Goldfield 1. Price Formation: The price has broken out from an inverted Cup &Handle price formation on a daily chart. Bearish sentiment. 2. Moving Averages: The 7-day moving average (MA) is below the 21-day MA. (7<21<200) 3. 200-day Moving Average is below the Price. 5. Relative Strength Index (RSI): The RSI is < than...
The Beverage Breakdown: Monster's Technical Tale Told. Monster Beverage Corporation 1. Price Formation: The price has previously broken out from a Reverse inverted Cup &Handle price formation on a daily chart and hit a target. Bearish sentiment. 2. Moving Averages: The 7-day moving average (MA) is below the 21-day MA. 3. 200-day Moving Average is above the...
Tiger Brands Symmetrical triangle pattern formed as continuation to a downtrend. Price has broken out. Mas 200>21>7 RSI<50 Target – R143 Tiger – the company Tiger Brands Ltd is a South African packaged goods company that operates in the food, beverages, and healthcare sectors. It is one of the largest consumer goods companies in South Africa and has a presence...
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...
Woolworths LTD Stock Analysis: Unpacking the Reverse Inverted C&H Formation Woolworths LTD 1. Price Formation: The price has broken 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 short-term bearish momentum. 3. 200-day Moving Average is...
Telekom 1. Price Formation: The price has broken from an 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 short-term bearish momentum. 3. 200-day Moving Average is above the Price. 4. Thus, Mas 7<21<200 5. Relative Strength Index (RSI): The RSI is <than 50,...