CCL breakout on weekly chart; WMAs are on the cusp of switching back up.
Amazing how gaps close, sure enough the gap above the first breakout point closed precisely.
Two clear breaches of the 30 Week WMA, both on strong volume. On the cusp of a breakout above $2.83. However, earnings dependent as half yearly fins released shortly.
Price hit 67 twice and on the second bounce the uptrend commenced. Clear break of the downtrend line and WMAs have switched back up now. Looking strong.
Bull pennant formation on the 15 minute with late break of the 95.5 resistance just before close.
Very strong volume day closing with a bullish green candle. PA on the back of sale of strategic holding in $SIG, releasing $82m of capital. WMAs have switched back up and SP above now.
Strong volume upthrust on the daily, approaching $2.83 resistance.
Daily has had three bounces off 3.43 support now. Needs a bit more volume to breakout of the recent trading range.
Multiple bounces off 12 now. Would like to see the gap at 13.5 to 14 closed first before it challenges the horizontal resistance above.
Where does this stop? Strong support on the weekly at 16 to 17.5.
Setup is common across gold plays at the moment. Strong downtrend approaching long term horizontal support. Watch for a bounce.
Perfect retrace to the new horizontal support within a strong uptrend channel.
$NCM strong downtrend on the weekly. Watching for a bounce of the long term horizontal support.
$BFG weekly on the cusp of a long term breakout. Break here sees a measured move up to $1.40.
Such a good setup; when a long term weekly resistance point is broken. Measured move is $10.20, giving a final target of $40.70.
Clear break of the downtrend on the weekly and now about the WMAs.