Trend is bullish, however a divergence seen on MACD coincide resistance level on Fibonacci level 1.618. If the price could break above 2.185 the rally would resume. Profit taking/reduce holding is advisable at current level. Disclaimer: The content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of assisting...
Topglove is still unable to break ATH on Aug, followed with a formation of lower low on 10 Sept. There was a bearish momentum developed on MACD histogram since last Oct followed by two consecutive days close below MA50. Hence our view is still Bearish. Disclaimer: The content on this analysis is subject to change at any time without notice, and is provided for...
Bearish: 1. Valid uptrend line in red violated 2. Dead cross on Oct 27 3. Growing bearish momentum seen on MACD histogram Price could drop to next support level at Fibonacci level 1.618 at 0.715. 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...
Bearish view on HLT 1. Dead cross on Oct 27 2. Significant breach uptrend line in purple 3. Unable to break resistance at 1.915 4. Bearish momentum seen on MACD histogram No sign of Bullish yet 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...
Comfort found support at Fibonacci 1.618 after price plummeted since Aug. Price has successfully rebound and met resistance at 5.15. Our view is still bearish at the moment the the price has significantly close below MA50 coincide initial Dead cross formation, followed by losing momentum seen on MACD histogram. Disclaimer: The content on this analysis is subject...
Carepls plummeted on Aug and found support at Fibonacci 2.681, made successive breakout on downtrend line 1, however still hesitating on downtrend line 2. Our view on future bullish move is still weak since the price has broke below the uptrend line in red, followed by two consecutive days close below EMA 50. We would change our view to bullish when the price...
Good momentum found on JFTech, which has been in successful rally after the price plummeted on March. The share found resistance at Fibonacci 2.618 coincides Negative divergence found on MACD histogram on July and later successfully breached both flag and Symmetrical Triangle, hit Fibonacci level at 3.618. Our view is still bullish with both EMA10 and EMA50 still...
Major down trendline violated signifying major trend changes to Bullish Bounced from green internal trendline and psychological support area at 10000 Next target is resistance level at 13850 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...
Closed above previous resistance (blue rectangle) end of May, more daily buy breakout for next anticipated target 0.53 and major resistance at 0.59
Following a downtrend since 2017 and ATL at 0.075, Aemulus has retraced the collapse by making a V-shaped reversal pattern and continue the rally, making new ATH at the end of August. The price has been in sideway for two months before a recent Bullish breakout early this month. We also note a new Bullish momentum developing in MACD histogram which was preceded by...
This share has just started a new trading cycle since early this year. Price could rally to the next following four years. However, in long term view this share is a sideway with price whipsaws on weekly view. For short term four years trading cycle, there was significant buy breakout on May, breaking a strong trendline TL1 followed by a Golden Cross in weekly...
Despite recent Bullishness - Golden Cross still intact and price is above both TL1 and TL2, we would be cautious on current level as a negative divergence has sparked since late July coincides with strong resistance zone ahead with Fibonacci is now at 3.618. Overall, share is still in downtrend since May 2008. Holding long might want to place a trailing stop at...
EUR/USD - Significant monthly Trendline has been violated by a strong Bullish move, closed above the trendline last month. I anticipate greater move higher up (supported by RSI above level 50) to at least 1.40, if the Bullish trend keeps going it could go up to 1.60, back to the price during previous recession in 2008. However, according to Kondratieff's Cycle,...
Price may remains bullish until 30.5, however exit on daily closed below 16.6
Price remains bullish, may climb higher to 56.5, exit closed below 36.5
NRG is testing on resistance level at current daily price. Failure to break this level might cause reversal. If break above resistance the price may go higher
COV has a good chance to up up from support level at $1