Silver has recently rebound on its major horizontal support, the most probable scenario is that silver will increase to the 17,5 resistance line
Exxon has drawn a very clean "Head and Shoulder" pattern, just wait for the breakout of the neckline to take position...
Supersonic Imagine has drawn a cup and handle pattern over a 189 days period. A breakout has been performed on the pattern but there is still the major resistance of 2€ to break. Volume are increasing strongly on this stock. If the 2€ resistance is broken, a bullish impulse can propulse the stock to 4€ with a return of 100%
Sonae is a very interesting stock growing and growing since years... The stock has drawn a cup and handle with 2 significant volume impulse. We still wait for the breakout event to confirm the pattern. The possible return is 25%.
Avenir Telecom is very interesting, with a cup and handle pattern ( not perfect) with a very large base of 1000 days and 3 strategic volume impulse points. The breakout event occurred 4 weeks ago and the stock is now ready for a strong impulse with possible 360% return. A very speculative trade with a very strong potential.
Esperite has drawn a "cup and handle" pattern, a strong volume impulse is observed. If a breakout occur it can initiate a rocket impulse with a possible 140% return. Wait and see...
Banco Commercial Portugues has a very clean "cup and handle pattern" over 420 days. The figure is supported by enormous exchange volumes. THis stock has all the characteristics of a rocket trade with more than 300% return possible. The only negative point is that the breakout event is not very market.
Carrefour is in double bottom configuration with a bearish GAP. The filling of the Gap with a target price of 19.2€ is a very likely scenario
Double TOP Breakout validated Volume Impulse Everything is there to have Liqtech enter a strong bullish trend.
Nothern Oil & Gas has developped a reverted head and shoulders pattern with a breakout and a volume impulse. All these symptoms may predict a new strong bullish impulse offering more than 100% return.
Gastar shows a triple hollow pattern with a breakout of the 0,91$ resistance. The pattern is very clean and has a 4 month length. The only problem is that the volume are increasing but not explosive. I buy but it is very speculative.100% gain is possible.
UAMY has drawn a cup with handle, the volumes are strongly increasing on this stock. A first bullish impulse has been initiated. The stock can enter a consolidation phase of several days or weeks before the rocket impulse. It is also possible that the rocket impulse start immediately without consolidation. The potential of this stock is very important (+50%).
Time Warner is currently initiated a rebound on the 87$ support. The rebound is supported by a volume increase as well as buy sigals on both RSI and Williams R indicators. 105$ is a good target.
The configuration of the CAC40 index is very interesting, buyers and sellers are fighting around the temporary support of the 5350 points (red dotted line). The very strong support of the 5300 has been tested 1 time last week. In the coming days the 5300 support line will rejoin major ascending support @5300 points, if the CAC40 price haven't break the 5300...
Bitcoin is currently evolving in one of the strongest bullish trend ever seen on financial markets. The Bitcoin is evolving by drawing successive cup and handle figures (red triangles on the chart), these are like pause before a new bullish trend. We think that BTC is currently drawing a new cup and handle, a big one, this one will probably takes weeks to be drawn...
USDSEK presents currently in daily a very interesting bullish configuration. 1) The currency is drawing a double bottom with a correct base 2) William %R is confirming a bullish reversal 3) RSI confirms a bullish reversal
EUR/USD has just failed to break its major ascending resistance in daily as well as its main horizontal resistance in weekly, buyers and sellers are now fighting strongly around the resistance but it seems the bullish momentum has been interrupted. If you like risk you can short now, if you are more prudent, it is better to wait for a confirmation at the end of the day.
Atari is an iconic stock, the group is currently generating growing benefits and present a very interesting configuration 1) Atari has drawn a large base in cup and handle configuration 2) The baseline is over a long period of 2 years 3) The volumes are significantly increasing 4) The cup and handle resistance has been strongly broken All factors are met to...