Technology

Empyrean shares (LSE:EME) have been consolidating to the downside since July. This follows the strong bullish rise that was witnessed in June. Before that, the market was in a tight equilibrium phase. The price is now almost below the EMA 21, while the Williams’ % Range period 20 is in the oversold region. When price […]

This USD/CHF pair is bearish in the long-term, butt neutral in the short-term. The bearish breakout that was seen on August 25 was not significant enough to override the short-term neutrality in the market, unless price breaks the support level at 0.9550 and 0.9500 to the downside, which would happens as the EUR/USD journeys upwards. […]

“One thing very good traders have is insight into themselves.” – Chris Tate FUN AND GAMES Recently Louise Bedford and I have been doing the Short Term Trading Magic seminars in a few places and it has been sometime since I did any form of presentation on a semi regular basis. As such it has […]

Pigs have been slaughtered in Provident Financial Group market (LSE:PFG). Who are the pigs? They are buyers who continue to hold onto their losing positions in spite of a clear indication that the trend is no longer in their favor. The stock gapped downward in June 2107, ending the pervious protracted equilibrium phase in it; […]

Breaking news! A Golden Cross has just occurred on Scancell Holdings shares (LSE:SCLP). It happened forcefully this week, and that has heralded the end of the recent bearishness in the market, as bullishness has occurred.   4 EMAs are used for the analysis and they are EMAs 10, 20, 50 and 200. The color that […]

CSF Group shares (LSE:CSFG) were not attractive at all, until recently. There was a strange, tight, protracted base until August 2017. The current bullish breakout has brought about hope for bulls. The ADX period 14 is around the level 40, signifying a strong momentum in the market. The DM+ is above the DM-, showing bulls […]

It’s now the time to open long positions on Challenger Acquisitions stock (LSE:CHAL). The indicators on the daily chart point to a bullish signal. In the last several months, the market was trending downwards (until recently). Right now, price has crossed the EMA 21 to the upside, as the Williams’ % Range period 20 goes […]

Telit Communications stock (LSE:TCM) has dropped like a stone, moving seriously lower, following a gap-down that was seen early this week. 4 EMAs are used for the strategy and they are EMAs 10, 20, 50 and 200. The colour that stands for each EMA is shown at the top left part of the chart. All […]

Gulf Keystone shares (LSE:GKP) are a bearish market, which has been going downwards since last year. There seems to be no end in sight for the bearish journey, but something interesting is currently happening. Following the recent bearishness in the market, there is an upward bounce, which has moved price from below the lower Trendline, […]

AUS200 Dominant bias: Neutral In the last two months, this market has not moved in a directional mode. It has been moving only in a zigzag manner since then, in a quite choppy environment. This has led to the current neutrality on the market – which is supposed to continue in the next few weeks. […]