ellynacci

ellynacci

Brent Oil has enormously dipped from Feb to end of Apr, broken a valid uptrend line which has introduced a change in trend to bearish. The commodity was then turned to the upside, which we see as a pullback to point E at 60, before a further down move potentially to ATL in 1998 at 9.7 to complete a nonfailure swing reversal pattern. We will look into price action...

ellynacci

HTPADU is edging higher, breaking key resistance at 1.43 which was preceded by a Golden Cross and a reversal V-bottom pattern. Momentum is building up, signify the price is likely to rise further to our Fibonacci target level 2.618 at 3.09. It may meet resistance level at 2.04 on the way up. In the opposite scenario, the movement below 50-period MA will push the...

ellynacci

Luster is edging higher after breaking resistance level at 0.16 preceded by formation of valid double bottom and a significant move above the valid downtrend line. We expect the rally could continue to 0.38, resistance level in July 2007. We will see if the price could break this level and climb further to 0.61. FA looks good. Semoga bermanfaat. Disclaimer: The...

ellynacci

The share is recently trading in a rangebound between 0.16 and 0.56, However we noticed a double bottom reversal pattern on Mar 2020 and the price has significantly break a valid downtrend line hence increase our optimism. If the price could break above the rangebound, our target is at 0.77. We will see how the price react on this level before holding the position...

ellynacci

We noticed a double bottom formation on ATL in Feb 2020 which later, made a V-shaped reversal pattern and breached a resistance level at 0.82 which was preceded by a Golden Cross in Aug. The price is now 'resting' above resistance 0.82 which has turned to current support. We expect for more bullish movement to the next resistance at 1.08. On the flipside, the move...

ellynacci

Dayang has recently made a pre mature double bottom, signify a positive signal of a trend change. The price has recently break a bullish flag, preceded by a Golden Cross in the past weeks. Our view is bullish on today's close. The price may meet resistance level at 1.55 on the way up to our price target at 2.00. In the opposite scenario, the move below the support...

ellynacci

CDV could be breaking ATH level at 1.0 . There was a bullish Marubozu candle formed this week and preceded by a Golden Cross on early Nov. A significant close above ATH could push the price to 1.33. A significant close below support level at 0.92 would change our view. Disclaimer: The content on this analysis is subject to change at any time without notice, and...

ellynacci

AME has made significant advances above Fibonacci resistance 1.618. The share could potentially reach our Fibonacci target at 2.88. On the flip side, the move below the 50-period MA of 2.0 could push the price lower to the support level at 1.76. Disclaimer: The content on this analysis is subject to change at any time without notice, and is provided for the sole...

ellynacci

Following the collapse since Jun 2017 SW has made a significant bullish movement since mid of this year. An Golden Cross in Apr 2020 preceded by an inverse head-and-shoulder pattern in Mar 2020 has introduced a trend change. Today's gap up and a strong bullish candle strengthen our bullish view. Our short term price target is at 20.5 and we will see the price...

ellynacci

HSE continues edging higher above resistance at 5.0, which was preceded by a Golden Cross in early Nov coincide momentum building up seen on MACD histogram after a long term collapse since Sept 2018. If it manage to significantly close above resistance level at 6.0, it could reach our price target at 8.52. In the opposite scenario, the move below tentative uptrend...

ellynacci

The share could potentially reach 64.23, however there is upside resistance at 42.36 - alert for bearish signals. Disclaimer: The content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of assisting traders to make independent investment decisions.

ellynacci

Alujain Holding Corp could be making further up move before possible bearish reaction at Fibonacci resistance 2.618, coincide resistance level in Jan 2008. However, we could go wrong if MACD histogram indicates building up momentum when the price reached the upside resistance. Disclaimer: The content on this analysis is subject to change at any time without...

ellynacci

Samaiden failed to close above Fibonacci resistance 2.618, indicating the share could be making correcting between current resistance and support level at 0.865. Our view will be bearish if the share breaks below 8.865. Disclaimer: The content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of assisting...

ellynacci

As mentioned earlier on Nov 4, Topglov is bearish. The infected workers are now the latest catalyst for expected bearish move. Breakaway gap zone from 4.1 to 3.8 could be the nest downside target. Disclaimer: The content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of assisting traders to make independent...

ellynacci

just now Vivocom achieved upside Fibonacci target 4.236, sharply hit the level before plummeted today. Earlier we could see the MACD histogram has signaled on losing bullish momentum. The upside momentum failed to break AT in 2016. The strong bearish candle today warns more bearish move to come. Our view on weekly timeframe is still bearish . Disclaimer: The...

ellynacci Updated 

Base on technical analysis on FCPO1!, FCPOK has significant breakout above symmetrical triangle, which the minimum price objective would be at 3162. Support would be below apex at 2690. Disclaimer: the content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of assisting traders to make independent...

ellynacci Updated 

A valid downtrend line has been violated in May, followed by a Golden cross in Oct and significant close above resistance in May support our optimistic view. However the price stock could be making price correction from current Fibonacci resistance level, coincides a divergence on MACD histogram. Disclaimer: The content on this analysis is subject to change at...

ellynacci

AT found resistance at Fibonacci level 0.300 coincide momentum on MACD histogram slowing down. The share could be correcting from this level. New long position can be taken after completion of continuation pattern while earlier long position may take profit or reduce holding at this level. Disclaimer: The content on this analysis is subject to change at any...