IF PRICE BREAKS 83.339 LEVEL THEN LOOK FOR BUY ORDER. STOP LOSS SET AT 83.071. TP SET AT PREVIOUS HIGH AT 83.83. POTENTIAL R:R = 1.5. REASONS TO ENTER: +) PRICE IS AT THE STRONG DEMAND ZONE +) PRICE IS ABOVE THE 100EMA LINE +) AN INSIDE BAR APPEARED CONTROL RISK PER TRADE BELOW 2% OF THE ACCOUNT SIZE IF THE PRICE MOVES UP, TAKE 50% PROFIT AT RR=1 THEN MOVE STOP...
WTC share price has declined sharply in recent months and is now nearing the 100 EMA line. The current price of $24 coincides with the previous support level and 50% Fibonacci retracement. Looking for the sign to buy around this price level. On the fundamental side, WiseTech Global has a low level of debt and a cash asset of $260M while the total liability is...
NCW price has retraced to near 100 EMA line and the previous resistance level of $26.94. Looking to buy around that level with the target profit level of $38 (41%). It should be noted that NCM share price is sensitive to gold price.
GPT price has pulled back to 100 EMA line. Looking to buy at the previous resistance level of $5.55. The profit target is $6.4 (15%).
CMW price has gone up sharply since the beginning of 2019 but has pulled back in November 2019 near support level 1.15. This level coincides with the 100 EMA line. Therefore, it is likely that the price would go up from that level. The first target profit level is 1.255 (9%) and the second profit level is 1.34 (16.5%).
The price approached the resistance line at 110.568 and formed a pin bar. It is expected that the price would move down toward 100EMA line. Entry level = 110.380 Stop loss = 110.570 Take profit = 109.623 RR ratio = 4.1
AUDUSD price is approaching the 100EMA on 3H chart. The price is bouncing between 0.68167 and 0.68548 in the last 4 days. It is expecting that the price would move up once touching the 100EMA. See buy limit order at 0.6167 Stop loss is at 1ATR i.e. at 0.68056 Take profit at the previous high 0.68548 Risk/reward ratio = 3.35 Expecting time to profit 1 to 1.5 days
The current price is $3.04 with target price of $4.50. Price is approaching the 100EMA level with stochastic RSI in the deep oversold area. There is a high probability that the price will bounce back at that level.
NST share price has slightly bounced off from the 100EMA level. Stochastic RSI is showing upward momentum. Target price $13.59
EVN share price had an impressive increase till August 2019, but the price has gradually reduced since. The price has bounced back from the 100EMA line several times in the past. It is a potential buy now with the expectation that the price might go back to $5.50 level.
APE share price is at 100EMA level which coincides with the previous support/resistance line. Looking for buying with a long term view for share price will go up from that level. Stochastic RSI indicator is deep in oversold area.
The price has moved down recently and is currently in the Ichimoku cloud which coincides with the previous resistance level. I am expecting the price to reverse at this level and looking for the opportunity to go long. The following criteria are assessed: +) SMA 100 is pointing up indicating high probability of uptrending +) The stochastic is in the oversold...
There is a confluence in 4 HR CHART and DAILY CHART. The SMA100 is pointing down on both charts indicating the high probability of downward movement. Stochastic is also pointing down. The recent upward movement seems to run out of steam and price is likely to reverse. Will place a LIMIT ENTRY order at 0.92807.
ORIGIN ENERGY PRICE HAS BEEN DROPPING SHARPLY RECENTLY. ON WEEKLY CHART, THE PRICE IS TRENDING UP STRONGLY. THE PRICE IS NOW INSIDE THE ICHIMOKU CLOUD WHICH ACT AS SUPPORT. STOCHASTIC IS AT OVERSOLD ZONE. WAIT FOR STOCHASTIC TO POINT UP AND ENTER TRADE. TARGET LEVEL IS $10.12.
ILUKA PRICE HAS BEEN SIGNIFICANTLY DROPPING SINCE REPORTING. PRICE SHOWS A SIGN OF RECOVERY TODAY (20/8/2018). LOOKING AT THE WEEKLY CHART, THE PRICE IS CURRENTLY INSIDE THE ICHIMOKU CLOUD. STOCHASTIC IS AT THE OVERSOLD ZONE. WAIT FOR STOCHASTIC TO POINT UP AND ENTER A LONG TRADE. TARGET PRICE IS AT +11.11
AMC dropped significantly in the last few days but it appears that there is a sign of the recovery. The price has moved up above Ichimoku cloud and SMA 100 line. Stochastic at oversold zone. Wait to see the how the price moves in the next few days for the potential "BUY" with target at the last previous high.
PRICE IS ABOVE ICHIMOKU CLOUD WITH REASONABLE VOLUME. STOCHASTIC IS IN THE OVERSOLD ZONE. HISTORICALLY, PRICE TENDS TO GO UP TOWARD EX.DIVIDEND DATE (20/8/2018). RECOMMENDING TO BUY NOW AND TARGETING $31.50 LEVEL
PRICE IS ABOVE ICHIMOKU CLOUD AND RETRACING TO DEMAND ZONE. LOW VOLUME INDICATES DOWNTREND IS WEAK. STOCHASTIC IS IN THE OVERSOLD ZONE. LOOKING FOR BUY OPPORTUNITY IN THE NEXT FEW DAYS, TARGETING $1.465 LEVEL