The Heikin Ashi candlestick pattern suggests a recent trend reversal to the upside, as indicated by a series of green (upward) candles.
The chart displays a consolidation pattern within a falling wedge, which has been broken to the upside, hinting at a potential bullish reversal.
Exponential Moving Averages (EMAs) show the price is currently above the 20,...
ASX 200 Index (XJO) closed yesterday sitting on major support line @ 7603.
Long-term higher highs have previously been established since 2021 indicating overall positive market growth.
SEMI currently sitting on upward trend line within established bullish channel.
Previous support line at $16.30 where demand triggered another uptrend to above $17.00.
RSI currently within average buying levels around ~56-60% showing higher highs, indicating another potential run back towards previous ATH SP level of $17.54.
Aiming to take a long position...
Raiz is heading towards a break out from the current downtrend with potential for a golden cross scenario if consistent buy pressure continues.
The SP is currently at support level of 0.39c and has been trading sideways within the range of 0.375 - 0.39c since February this year.
200 EMA is sitting right on the key resistance level of 0.415c, breaking this will...
