dji managed to hold above its uptrend support, neat channel easy to play...
text book example of flag formation. hard to find a neat set up like this! if you can stay away from the daily noise the trend channel targets 3 usd ... my top pick to play the cyber security theme ...
significant increase in the number of new investors, big volume growth and all time high NIM on leveraged accounts looks very supportive for #ISMEN the stock is trading at %105 ROE, %204 ROIC and 4.6*PE ! chart seems to have repeated the same consolidation model that we witnessed in 2023 (97 daily bars!)
shift in macro policies started to attract international interest especially on the fixed income side. equities always follow the bond market and i am expecting the int'l inst to start building positions in Turkish banks.
almost identical moves, 650ish bars 85% return twice and lets see if the pull back will follow the same pattern
following the break out in gold i focused on VANECK GOLD MINERS etf. we all know how to play this set up... long already, will add on flag break out confirmation.
4*rev, 15*pe is a bargain amongst cyber security software developers! resistance at 90 cents 2.4usd target
chart doesnt need much explaining.. the mkt is testing a neat uptrend channel. filled the gap dating june 2th. i am not running to buy the dip yet, lets see how we close today.
the company announced a deal with GCC and the stock price is moving. pls check the volume - price activity.
www.youtube.com and checked the chart found a familiar pattern ....
top example of bullish divergencce in DISNEY daily chart. keeps above the EMA and I d expect it to gain momentum...
island bottom: when the market leap up and leave the previous gap unfilled it is called an island, it is a very bullish formation as it reflects the mispriced pessimism reversing. pls zoom in the chart to check the price action in gap areas.
that is a v bullish rev head and shoulders and we are testing the neckline! breaks above and we attack!
we are not fortune tellers, we wait till we see the break out and we act.
we know how to play this. neat triangle at bottom, higher lows-lower highs squeezing till the lost possible tick:) play the break out and build on the position as it gains momentum.
text book round bottoms closed above resistance yesterday. buy now or buy the first pull out after the break but be there kind of chart...
such a neat 2 bottoms, long term downtrend resistance is almost falls in to the same are of the neckline. set the alerts and wait!