Roodmicrotec present different interresting bullish factors... 1°) A large base double bottom over 1 year 2°) A strong break of the double bottom resistance 3°) A very strong volume impulse The only bad point I see is that the 0.31 resistance was hit 2 times in 2015 and not broken... Aggresive investors can take an immediate position (like I did), more prudent...
Agrogeneration is realy this kind of opportunity I like very much... The stock is penny stock (0.49€ per share) The stock has a very large cup and handle on a 1 year period The cup and handle resistance has been broken The volumes are increasing strongly The only bad think is that the stock is not very liquid... Its really on this kind of stocks you can...
After a small pause of 1 month, GL events has drawn a cup with handle accompanied by a very high volume. The cup resistance has just been broken yesterday giving a new bulish signal. The price can enter a new rocket phase soon.
Crossejct has broken its major resistance today by drawing 3 triangles in ascending configuration. In addition the resistance break is pushed by strong increasing volume. All the signs are in favor of a bullish explosion.
CUBN has drawn in weekly a beautifull Cup and Handle with a strong volume increase. After the previous explosion of SEP-2015 it is an new strong bullish signal on this share. BUY and target 29$ - 30 $
EUR/USD has hit 4 times its major descending support in 4H RSI and William%R clearly demonstrate that buyers are resigned and sellers can revert the trend if the downtrend is confirmed, the first support is @1.1 but is not very strong (only 2 points), a major correction is possible if this support is broken I target 1.1 as first objective
USDCAD is currently facing 3 important support around the 1.3. The major weekly ascending support (in blue), the minor daily support (red) and the major horizontal support of the 1.3. A rebound of the price is the more probable scenario
NATGAS has failed yesterday to break the 3.15 major support. A rebound to the descending daily resistance (in black) is probable, this resistance is weak and can easily be broken to have Natgas return to 3.8.
Prediction on USD/TRY are still bullish, the price is evolving on its major daily support. A new Hourly support has been initiated begining of the year. The ascending slope is less strong but continue to maintain the bullish trend. All scenario predict a return to the 3.9 in the coming weeks.
GBP/USD is currently attempting to break the 1.24 resistance. GBP USD is currently support by a good ascending support and a good horizontal support (1.225). 85% of scenarios are bullish on the currency.
The platinum price failed to break the major daily resistance (red) , the price is now decreasing, the break or rebound on the 945 support (dotted red) will be key. Any break can generate a strong down to the 900 weekly support (scenario 1). A break failure will generate a new rebound and a retest of the descending resistance.
Gold price is currently testing its major hourly ascending support. The long candlestick shadow confirm the price failed to break its support. A new rebound to the resistance of 1250 is highly probable.
NZD/USD is facing a triple resistance, the hourly ascending resistance (in red) , the 0.721 4H resistance which is very strong (dotted grey) and finally the daily descending resistance. This triple barrier will normally strongly block any new uptrend on NZD/USD.
EUR/USD is currently drawing a very strong configuration since the break of the 1.07 resistance. All scenarios are bullish, the first target is the resistance of 1.08, after these one, the road is free for a long bullish rallye !
USDTRY is in bullish phase since 1 year, today the price is drawing a new long shadow candlestick in daily. If this red candlestick with long shadow is confirmed at the end of the day it will confirm the price correction. The first support will be the 4H support (in red), if the bearish phase is more severe, the 1D support(blackà can be targeted.
USD JPY has broken its major hourly ascending support yesterday. The price tries now to rebound on its descending support. Pattern matching algorithms are more in favor of bullish scenarios (in green) in case the descending support is broken there is still an important horizontal support that can block the sellers (dotted red)
GBPUSD has recently rebound on its hourly support which is also supported by the daily support. A rebound to 1.24 is the privileged scenario
USDCAD is approaching its major weekly ascending support (blue), this support is extremely solid and it will be very difficult to break it. The more probable scenarios are direct or indirect rebound to 1.3575