RENUAfter making a bearish divergence and getting corrected now prices, now getting support at fib levels.
RSI might give a buy signal if the triangle breaks up. (another illquid one)
RCHThough another illquid counter, RCH seems like its ready for another leg up. RSI need to retest a bit. Overall counter seems to be in a massive symmetrical triangle
with prices trading well above 200DMA. Look at fib levels for resistances
NEHcounter looks sluggish and trading with a channel. Due to illiquid nature of it, movement seems minimal.
AHUNAfter getting rejected at GP, counter currently seems getting support from a previous resistance 58 area. likely to break GP area and continue.
KHCShows more sideways movement while trading within a channel. Close above 8.2 will be important for the counter to go to next stage of price action
KHLKHL is trading well above DMA cluster, however currently facing GP resistance and got rejected.
RSI shows little bit more sideways action short term
LIOC.N - New structureLIOC broke out from trendline. Now making moves.
0.618 fib level is interesting to watch.
DDYOR
Keep an eye!
SERV.N - Possible BreakoutCup and Handle formation, with a breakout pending
Golden Crossover has already taken place, highlighted on yellow circle.
Upside of 195 with a stop loss shown.
Watch out for breakout!
DDYOR. NOT FA.
ASCOsimple chart..showing strength.. RSI needs to breakout 14.1 will be a pivot towards bullish side
PLRPLR is currently moving on a uptrend as visible, but being rejected at GP. It will likely to retest in in coming days. Two support levels are marked for the new entrants.
RSI trendline has broken and currently on a retest.
ALUMALUM currently facing a resistance at 8.8 AVWAP level. Breakout from this level will lead to 9.3 area where it will meet the fib golden pocket.
AELAEL has nicely breakout the cup and handle pattern with convincing volumes. Next we have resistance at the 17.7 17.9 area where we have AVWAP and fib resistances.
ACLACL had strong resistance from the AVWAP level at the 88.3 and is currently testing the fib support 0.382. It has nicely bounced back from the fib support and within next few days may move towards fib 0.5 level.
AGSTBroken down from a descending triangle and now made in to a falling wedge.
4hrly RSI shows bullish divergence!
CIC.xbroke out a triangle now on a resistance zone. Breaking 58 will be vital for bulls to take the prices higher
CFLBcurrently dwindling in a symmetrical triangle. breakout of either side can be expected. However note that prices are still above 200DMA, making it the counter still bull Mid-LT
CIND | Cup & HandleThe stock has broken above the Cup and Handle pattern and is currently facing resistance at the target price of 87. Additionally, it appears to be forming another, wider handle formation. If the stock retraces, it could test the neckline at 79.50 levels for support before potentially moving higher towards the second target price of 96 levels (at Fibonacci retracement of 0.786) based on the broader Cup and Handle pattern. However, if the 79.50 level fails to provide support, the stock may test the 74.50 level (which represents the 0.618 Fibonacci retracement taken from the levels of 66 to 86.4).
Blue-chip's to lead the way forward at CSECIC.X is poised to head up to ATH after breaking out. Currently it is retesting the ~53 price level with a bullish divergence forming.
GLAS | Cup & HandleThe stock has formed a cup and handle pattern. As the pattern has not been broken yet, and the Relative Strength Index (RSI) is approaching the trendline resistance, it may be best to trade with a stop-loss order placed below the previous higher low of 14.60.
If the neckline resistance at 15.50 levels is breached, the stock may reach Fibonacci retracement level 0.65 at 18 levels or even higher, possibly towards 18.50 levels.
Disclaimer: This chart and analysis are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations. Do your own due diligence before trading or investing in this stock.
PLR.N #CSELKPLR. Trying to break above trendlines. Using 0.5 fib as support. A close above 7.7 is crucial. Heavy resistance in 7.6-7.7 range, tried to break above 3 times and failed. Hopefully 4th time is the charm
LIOC - oily mess?
LIOC failed to break 0.382 fib level last time... and got rejected at 206.75. Prices have declined ever since.
Next crucial support should be 183. Entering here with a strict stoploss can be done ideally. (1%-2%).
RSI may need to find support from its trendline as well.
**Remember sometimes the negatives are already priced in**
SCAPhas broken out stronger than AAIC after getting support from the zone i have marked previous. RSI shows better strength as well...14.8-15.2 area shows great resistance for now. (remember that it is high risk and high gain.)
