Did prosafe hit the bottom ? high volume is on the rise, and daily MA is positive, not sure about the fundamental though.. wait and see
It seems like this section look at a bit brighter future with rates going up. I especially see a potential in BWLPG. Target around 50 to 52, stoploss set at 26.
Low volume going down. High volume on the ups. This is true for a long time now. Sideways movement. Positive on fractals also. Please comment.
I think it should be self explanatory... Expected a short squeeze already in Sep/Oct, but it seems to start now. Regular Target: 3.70 Region. On Short Squeeze: above 7.50
To those of you who trade on Oslo Stocks Market, here is a Cypher Pattern formation presenting itself. It looks like D completion will be at previous area of resistance. CHXEUR:FOEO
Jumped twice this past week, now avaible in Canada, might have another jump to the - 3.50 area.
This is my first time tech analyzing a chart. I think it will keep decreasing to 279, then it will go up again.
Unless it breaks through it's upper line within the next week
It's self-explanatory
DNB is trading in the bottom of a nice trading range. Potential for a low risk high reward long trade if price opens in the same area it closed on Friday. Stop-loss level just below support line.
MHG has been in a strong uptrend for quite some time and now appears ready for a correction. RSI and price are diverging, signalling reduced momentum in the trend. A strong close below the trend line would signal a short. After the first resistance zone there is potential for an even larger decline.
Go long with the ABC pattern once price closes above the resistance at 150.60.
Tempting to go long at the next test of the trendline, but with the resistance zone ahead I would rather wait. Potential for a better long entry once price has left the area of resistance from 70.50-71.50
YAR has formed an uptrend on the 1H and I expect a bounce off the trendline soon. Additional confirmation of the idea if price trades above the resistance at 282.50.
might be on to something here does look really good but not sure if it repaints gonna try keep an eye on it :) and try on some other stuff :) see if can get simelar results