BP bounce off key support created a opportunity to buy on the pinbar candle off support. I waited for the pin off and retest of support for my entry, this is the most conservative entry on a pinbar setup. You can enter at close of pinbar to aggressively enter the market. I waited for confirmation of TRND Bot buy signal! Clean charts = Clean profits! Long calls to...
Triangle correction (A-B-C-D-E) Possible Wave 4 correction Target: 16.50 All my ideas are for education purposes. There is a high-degree of risks involving leverage trading. Trade at your own risk. This is not financial advice.
Update on previous analysis.. Still going to plan. @crudesignals
It Will be interesting to see how AXAS performs this coming week now that Pfizer's vaccine is set to ship. Energy stocks will likely be a focus and might be worth watching at the very least. "Investors should be watching these companies due to their relationship with the covid vaccine. If a vaccine comes out in a timely manner, it could mean more people out...
looking for something like this by EOY guys. I think we r in for a dip back to .17c B4 another leg higher tho.
Chart self explanatory #shariahcompliant #undervalued
Chart self explanatory #nodebt #buy #shariahcompliant
As expected, price already closed the gap and breakthrough ascending triangle pattern after a very long choppy market. We can see strong bullish momentum right now as the buyer starting to participate in the market. What we need to do is to wait the price retrace back to the previous breakout pattern as a confirmation to buy entry. I forecasted the price will...
Similar to most upstream oil players, it is showing a triangle formation. While it is clear the low highers have been forming over the past few weeks, it is not so clear about the lower lows. Weak economic sentiment and poor investor confidence in O&G since the crash ( in late april) will be a driving factor to determine the price for these counters. If the...
Hello Traders! The price of BTE looks like it's about to cross under the 50 SMA (sell signal). Combined with a pessimistic looking MACD and RSI, and a bearish MACD-divergence, we have reason to believe that the price is going to drop to the 0.35 support/resistance. In case the price crosses under the 100 SMA as well, it might even drop to 0.1993, but the SMAs...
Market still ranging and consolidate. However, if the price break the support level, might be it will drop to previous lowest low @ RM 0.06. We can see this counter is not so favorable at the moment as the volatility very low for the past few weeks. I'm watching closely to entry buy if the price break the next resistance level. For now, we just need to be patient...
You can see that the MACD gives a buy signal on 2 July, and CMF shows us, there are more buyers than sellers. I think we're standing at the beginning of the bullish market. On 4 July QEP got $500 million financial help for Wells Fargo Bank, so the liquidity of QEP is stable now.
getting above $19.19 is a good sign for the stock. It is a support now and the target price will be $26.27 to fill the gap. 12 months Consensus Price Target: $23.43 if you find my charts useful, please leave me "like" or "comment". Please don't trade according to the ideas, rely on your own knowledge.
Even though it dropped by %3.51 on last Friday, there was huge volume in green and found a support at 50SMA which is a good sign to bounce back. RSI went below 50 though but it may uniform and back above. 12 months Consensus Price Target: $48.8 if you find my charts useful, please leave me "like" or "comment". Please don't trade according to the ideas, rely on...
Just a simple analysis for this oil counter. I'm still bullish with this counter because on the technical side we can see the price compressing to complete Ascending Triangle pattern. On top of that, we have the internal pattern of Double Bottom which I think strong signal for price reversal. I just roughly forecast the movement of the price by using Fibonacci,...
Serbadk timeframe on weekly Likely for weekly chart pattern MACD try change to green bar after long week market . If this week close above 2.100 as major resistance for triangle more upside is coming . Possible all time high is coming for this stock because the fundamental Q report high earning 19q4 /20q1 .
SANTOS (ASX:STO) After a great market Announcement on 28.05 (completing ConocoPhillips Acquisition) we have bounced off support of this ascending wedge and its crunch time. 20% to close the major GAP left by th COVID Crash. -Respecting Trend of Ascending Wedge (Haven't broken Bearish) -About to Break Ichimoku Cloud -RSI not Severely Overbought -Conversion Line...