DOT has given a breakout after divergence was formed on four hourly time frame, it made a higher high followed by a higher low, and now seems to be on course for a bullish reversal. Targets are mentioned on the chart.
It seems like NAS100 has defined its top and bears are now in control of the price action. A matured divergence on daily time frame is playing out as price not only broke previous higher low, but also made a couple of lower highs. According to Dow theory, this could potentially mark the beginning of a bearish rally and thus a bear market. Targets are mentioned on...
MLCF was trending downwards, however bears seem to be exhausted now and breaking of previous lower high confirms this sentiment. Formation of a Higher Low followed by a Higher High would mark the beginning of a bullish move as per Dow theory. Targets are mentioned on the chart.
Price has broken previous lower high and bulls seem to be in control of the price action. A higher low is defined earlier which will be followed by a higher high, which according to Dow theory marks the beginning of a bullish rally. Targets are mentioned on the chart.
PREMA has broken previous lower high and bulls seem to be in control of the price action. It is all set to move to new highs, printing higher highs and higher lows. Targets are mentioned on the chart.
Price has broken previous lower high and bulls seems to be in control. A bullish rally could be triggered from here, targets are mentioned on the chart.
A bullish divergence appeared, matured and is now playing out, previous lower high is broken and bulls seem to have to have taken control of the price action. This could potentially mark the beginning of a bullish rally. Targets are mentioned on the chart.
DGKC has printed first higher low and is on course to break previous lower high. This would trigger a bullish rally according to Dow theory. Targets are mentioned on the chart.
NML is currently on the verge of giving a strong breakout. It has printed a higher low and would soon break previous lower high and print higher high instead, which could potentially mark the beginning of a bullish rally. Targets are mentioned on the chart.
Bears seem to be exhausted as the price broke previous lower high and printed a higher high. A bullish rally is expected to be triggered from here. Targets are mentioned on the chart.
GHGL has given a breakout from the accumulation phase by breaking previous lower high. This could mark the beginning of a bullish rally. Targets are mentioned on the chart.
Bulls are in control of the price action for SHFA, after bullish divergence appeared on RSI, it is consistently printing higher highs and higher lows. Moreover, insider transactions show strong buying from senior management, which further confirms bullish sentiments. It would soon print new highs. Targets are mentioned on the chart.
GLAXO is currently looking extremely bullish and looks ready for an upside move. It has printed first higher high followed by a higher low, which is the first condition of Dow theory. Targets are mentioned on the chart.
HABSM is extremely bullish at the moment as it is consistently printing higher highs and higher lows. There is no divergence on RSI and the company has bought back shares worth more than 140 million which is fundamentally a strong news and hence a bullish move is expected in near future also. Targets are mentioned on the chart.
FCCL has broken the previous lower high and now looks good for a bullish move. It would make a higher low now before moving up. Targets are mentioned on the chart.
DOT has given a breakout from the declining phase after bullish divergence, and has printed a higher low followed by a higher high. This could mark the beginning of a bullish rally. Targets are mentioned on the chart.
FLYNG is about to break previous lower high and that would take the price to new highs. It will first print a higher high followed by a higher low and then begin a bullish rally. Targets are mentioned on the chart.
EPCL has broken previous lower high and hence is looking good for an upward move. Targets are mentioned on the chart.