Bullish bias emerged above the Double bottom pattern with recent daily price closed with reversal at 61.8% retracement from the previous bullish movement. Resistance is seen at 0.44 and 0.60. On the flipside, a reversal below support at 0.28 could push the price lower. Disclaimer: No trading strategy provided here. Our content is intended to be used and must be...
QES found resistance at 0.935, and negative divergence is seen on daily RSI. New long position need to be very cautious. Short term support is seen at 0.82. Disclaimer: No trading strategy provided here. Our content is intended to be used and must be used for technical analysis education purposes only
SRIDGE was enormously dipped to support level at 0.32, coincides with 200w SMA, after failed to break Fibonacci resistance at 1.05. HH and HL structure indicates that prevailing uptrend is still intact. Hence, support level at 0.32 could be a turning point for further movement to the upside. On daily view, formation of Marubozu candlestick with strong buying...
Recent price movement has breached a bearish continuation triangle pattern . We anticipate more selling pressure on the upcoming week. Support levels are seen at 0.265, 0.220, 0.085 respectively. Disclaimer: No trading strategy provided here. Our content is intended to be used and must be used for technical analysis education purposes only
Suggested trailing stop at 0.33 Disclaimer: No trading strategy provided here. Our content is intended to be used and must be used for technical analysis education purposes only
ETH has support at 1850 (S1), however selling pressure is still strong, which could push the price to the next support at 1550, followed by 1300 (S2). Disclaimer: No trading strategy provided here. Our content is intended to be used and must be used for technical analysis education purposes only
KARYON tested resistance level R1 at 0.31 and recovered the pullback with further movement to the upside above Valid DTL. We suggest the price could rally towards the next resistance level R2 coincide Fibonacci target 2.618. On the flipside price movement below 0.20 may push the price lower. Disclaimer: The content on this analysis is subject to change at any...
Bullish bias emerged above the Cup and Handle pattern . As such, the stock may head north to test the next resistance of 0.875. Meanwhile, a reversal to below 0.47 would negate this expectation. Disclaimer: No trading strategy provided here. Our content is intended to be used and must be used for technical analysis education purposes only
QES has reacted at Fibonacci 2.618 on lower timeframe with a massive pullback, however remains Bullish as long as support level at S1 is still intact. Movement below 0.54 will violate the up trendline and Support level at S1 hence the price could drop lower to the next support levels. Disclaimer: No trading strategy provided here. Our content is intended to be...
Be cautious for the new month contract as the price hit Fibonacci resistance with overbought condition seen on daily RSI. Disclaimer: No trading strategy provided here. Our content is intended to be used and must be used for technical analysis education purposes only
Lionind has recovered a two-months healthy pullback. The share is strengthening above the symmetrical triangle, hence the price could be heading to the upside target at 1.32. Reversal below 0.75 will negate this expectation. Disclaimer: No trading strategy provided here. Our content is intended to be used and must be used for technical analysis education purposes only
Bullish bias emerged above the symmetrical triangle pattern . As such, the stock may head north to test the next resistance of 0.60, followed by 0.645. Meanwhile, a reversal to below the triangle apex at 0.430 would negate this expectation. Disclaimer: No trading strategy provided here. Our content is intended to be used and must be used for technical analysis...
We notice a price breakout above the Symmetrical Triangle, hence we are optimist on further bullish movement towards minimum target at 0.945, followed by 1.08 if the buying momentum still persist. Nearest support is seen at 0.58. Disclaimer: No trading strategy provided here. Our content is intended to be used and must be used for technical analysis education...
Bullish bias emerged above the symmetrical triangle pattern . As such, the stock may head north to test the next resistance of 0.805, followed by 0.93. Meanwhile, a reversal to below 0.475 would negate this expectation. Disclaimer: No trading strategy provided here. Our content is intended to be used and must be used for technical analysis education purposes only
Following a significant movement to the upside above the weekly valid DTL, MPAY is seen bullish as the price structure began to push higher with formation of HH and LH. A healthy pullback is seen since Feb by a symmetrical triangle pattern on lower timeframe. Theoretically, a symmetrical triangle could breakout in less than three months, which we believe in any...
We note a valid Head and Shoulder reversal pattern is completed and the up trendline from early this month is breached. Theoretically, the minimum amount of downside movement could reach to the same amount from the head to the neck of the pattern. Hence, it is wise to go long only after bullish technical evidence is seen to avoid anxiety and denial trading bias....