We can see double bottom or W pattern is identified on daily chart. If tomoro it opens positive and crosses 0.30 expect a bigger move. Also Amlak is above 200 day moving average.
Looks bullish for now :)
Still in a downtrend and its trying hard to push up. As of now its just in a small range and we should soon see a breakout on either sides good chances of upside though. Not a very interesting stock as of now till it confirms the trend/breakout.
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Hi friends
the daily chart of this market shows with a high probability that the first goal will be the level of 0.197 and if there will be a breakout at this level the second goal will be the level 0.010
I will buy this in big quantity once it touches a very important support level around 0.260 my target will be 0.300 But this stock is in a downtrend and its only good for intra day better the enter and exit the same day. Bearish
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What a performance today my Amlak!! opened gap up and maintained it also closed above 200ema. I would surely want to buy this tomorrow but not at that price. I will see how the price is behaving at my marked zone that is yellow box. If is see bullish pressure in the yellow box i will pull the trigger and go long. Bullish for now!!
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More downside expected this stock is in bear trend now and not tradable. Lets stalk this stock till there is a shift in the momentum and gives us a buy signal to trade.
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What a run today, spectacular !!It did restest the previous swing high for the first time after the swing high which is a healthy correction. Now the buyers have pushed this stock higher breaking the trendline to confirm the correction have ended and more upside is expected on this.RSI is above 50 its almost touch 60 which is a strong momentum. I am in this trade...
Going with the flow its making higher highs and trending upwards its a good chance to long and ride this trend. I joined the party at 0.352 ideally 0.345 would be a nice entry but i was waiting for confirmations. I aim at the target at around 0.370 - 0.380 area as thats the next resistance zone. I dont like to keep the positions open over the weekend under such...
Can see upside on this stock it have closed above 200 ema and have more space to run. Also in 2 hours chart its above to break the cloud upwards. Can look for a buy chance and close the trade same day with profits.
