FPH has broken out of a descending wedge with bullish RSI divergence and has now had a retest at support and bounce. Enter a position, stoploss at last swing low with target of $22.69 or when starting to look weak and will be moving SL to BE when safe to do so.
ENTRY: 23.60 SL: 22.72 TP: 25.25 - ADX>25 - Daily RS +ve - Daily FFI +ve - Weekly RS -ve - Weekly FFI +ve - Moving averages are aligned. - Stoch RSI crosses up 20. - Entry (on 1 Feb 2023) based on controlled pullback (since high on 20 Jan 2023) to resistance-turn-support area (22.97) and rebounded with increasing volume.
Hi all, Keep an eye on it. Plan your entry. Enjoy!
SNIPER STRATEGY This magical strategy works like a clock on almost any charts Although I have to say it can’t predict pullbacks, so I do not suggest this strategy for leverage trading. It will not give you the whole wave like any other strategy out there but it will give you huge part of the wave. The best timeframe for this strategy is Daily, Weekly and Monthly...
XASX:FPH Inverse Head and Shoulder pattern emerging. wait for price to reach neckline before making entry. Could also be a triple top pattern which would indicate a bearish signal
Please read the reddit post I've linked, saves time writing it again, the TA is slightly different to the one shown here, but they both have the same price target etc...
#FPH is moving in an upward trend. Potentially post noon, it can touch its support level at 28.20. Keep any eye on it for potential bounce aiming for 3% profit
Fisher & Paykel looking to resume range channel. Found its bottom at 26 support level. Point of control for the channel sits around 31 which could be the first target. Second target would be around 33. MACD crossover with good volume is confirming the move. a more cautious trader might wait for a closed daily candle inside the channel and above 29. Good risk to...
Looking at buying more FPH but we need to wait for confirmation to see if this is an inverse head and shoulders or a megaphone top....
Hi friends the daily chart of this market shows that it will experience an uptrend in the next few days but at the same time it is necessary to be vigilant of the placement of the stop loss and the level of profile to be gained. consequently the reversal of the market towards the opposite direction please subscribe to receive more analysis
Do they make fridges and shit? Boring companies are now cool.
Keeping it really simple here since deep research and analysis are meaningless in this market. Historically strong trendline support Accumulation within the range, on strong support Long term moving average support 200EMA MACD oversold RSI oversold Can't ask for more technicals in check. The current market is underweight healthcare as economies are reopening....