Centamin. Break out of significant level to new highs on increasing volume. Looking for price to retest area of significant level or area of bull-flag then wait for reversal signal to continue bull trend
Cup and Handle formation on ENQ getting ready for next major impulsive wave? As always, please check fundamental data *( Enquest is in the Oil industry and had a few tough years)
Technical set-up for OPHIR Plc. Price formed a nice orderly Cup and Handle formation before breaking out to print a new swing high. Looking for price to retest the break out levels / zone and look for a reversal signal.
Multi-confluence technical Nice rejection bar from 200ma and closed gap-up on very high volume.
Looking for trend structure to change from down trending to up trending at around the 188 level. Nice rejection bar 5 days ago with higher than average volume
CEY Plc: Orderly pullback after impulsive UP wave which has rejected significant price level on very high (stopping) volume. Looking at minor swings for a change in trend direction / momentum for potential buy set-up !st target previous swing high at approx 183. Technical stop below 130 level
LAD Plc. Daily price currently in an uniformed corrective wave and has just pulled back and rejected a double confluenced zone (previous swing-high SR and 50 % fib level of previous impulsive wave) on high volume which has created an overt pin-bar. Looking to see how price reacts to the red down sloping trend line and minor swing high afrom 3 days...
Inland Homes Plc. Breakout from a tightening range bound market and dynamic trendline on higher volume . Inl made a deep retracement after recent new highs into a previous tight consolidation zone back from 2013 / 2014 with price accelerating deeper shortly after the UK's Brexit vote to leave the European Union. Price rejected zone making a high momentum move up...