Flag consolidation pattern seen in the OHL share price. It is likely that the share price looks for the targets drawn in the chart. Good trading fellow traders
Crude oil continues to climb higher as instability in the Middle East continues and global economic optimism increases. It seems economic optimisim is likely to continue at least for the first term in 2018, and the Crude Oil may break the important resistance sitting at $62. Depending whether the Oil price will break above the $62.40, we will or not develop long...
Bearish trading strategy: Short: 112.38-44 Stop: 112.59 Targets: 111.50 and 111.15 Rio Risk-Reward: min 1:3.5
Intelligent money has been buying ICL during the last 16 months. ICL share price has been moving laterally for 24 months. We can't know exactly when this lateral trend will end, however what we can see from a value point of view is that ICL is undervalued at least 80% based on its current share price. Technically, once the $4.20 resistance wil break, the easier...
The spanish construction company share price has been consolidating around €18-€18.50 in order to try to climb new highs. The first target can be expected at €19.49, €19.90, and then €20.79 and €23.38. Stops below €17.69.
Three weeks ago, many small-medium payment processing companies started a rally in response to the remarkable bitcoin bullish move. However this move was never justified as blockchain technology has littleto do with the ecosystem of these listed companies. Except for one: Qiwi PLC. Qiwi PLC is a direct investment in blockchain, and it has a sound fundamental...
GOLD seems to be poised to spice up the first weeks of 2018. It is likely to witness an attack towards the $1360 in the first term of the year. Wishing you good profits fellow traders
After 14 months in a lateral trend, Conifex Timber bulls have taken over. It seems that a new bullish leg will be triggered soon. I wish you good profits fellow traders
The change of management of this british outsourcing company has stated to pay off. In his previuos C.E.O possition, Mr. Rupert C. Soames took Electrocomponents to the next level. The market has not yet fully understood Mr Soames team potencial to turn SERCO GROUP around. There is still a lot of work to be done in order to clean up the balance sheet and increase...
Shares of Amgen may be forming a bearish head and shoulder pattern. In the case the neckline is broken, price could fall within weeks to below $150.00. However we must take into account that Amgen share price is not currently in a bearish trend, but a long bullish one. This is a pattern formation that is being put on watch, in case it breaks. Once the share price...
A dead cat bounce could be taking place in the first term of 2018.
DAN has been drawing a corrective pattern for 5 months. It seems the price is ready to attack previous highs (€23,50).
Technically the stock price is consolidating a long term trough . We may see a surge in the stock price once Gold shows some bullish momentum in 2018 (april-may 2018).