is TelAviv Stock Market going to touch daily ema200TASE:TASE has broken the trendline and making higher lows after clear bearish divergence on daily timeframe since the start of Mar26.
Breaking the neckline and trading below it will push the index towards 13k mark and possibly towards ema200 which is 2k points further below.
TASE around ema200 now; what next ??TASE:TASE has at last reached ema200 after remaining sideways in a parallel range since 11 Mar 2026.
Made a new high of 17660 with clear divergence on the top.
If it stays above 12133/ema200 & double bottom zone, it may rebound to 13900 which is good zone for sell on strength.
Below 12133, 11560 can turn out to be good area for support.
Failing in sustaining current zone, will take it towards fib level of 9900.
Previous update :
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After a careful consideration I came to the conclusion that:
- it is crucial to be quick in alerting you with all the opportunities I spot and often I don't post a good pattern because I don't have the opportunity to write down a proper didactical comment;
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ICON — Breakout from Rectangle with H Projection Targeting $700ICON (3D) — Technical Structure Analysis
ICON has broken out from a prolonged horizontal rectangle pattern ($380–$540). The move activated a measured move structure with two H-sized waves. The first H was completed. The second H projects a move to the $700 area.
Key points:
-Confirmed breakout from range
-First H = 153 pts, completed
-Second H = 162 pts, targeting $700
-Price holding above breakout zone ($515–$541)
ICON has moved out of accumulation and entered trend expansion. As long as
LUMI - SHORTenter price -3034
stop loss -3101
take profit -2900
(1H timeframe)
DETAILS: I drew a trend line there is 3 touches on it ( it means that the line is approved) , the price reached a strong resistence area tried to break it 3 times without success , after the third try the price fell down and broke the trend line (the volume wasnt high) at the seconed candle i decided to enter the trade even tough the price is above the ema 200 .
The TP is before strong support area.
Tel Aviv Stock Exchange: 3 Falling Peaks into a 3 Line StrikeBeyond just the implications of the war, the technical setup on the Tel Aviv Stock Exchange looks very Bearish as if it's ready to collapse to new lows, as it has confirmed 3 Falling Peaks and will confirm a 3 Line Strike on the Monthly Timeframe in just 14 hours.
I expect that the exchange and all 15 of its Foreign and Domestic owners will be negatively affected in the process. Which mostly consist of Israeli Banks and Holdings Companies but also consist of Foreign banks such as UBS, BCS, HSBC
ESLT - Elbit Systems - Interesting long-term perspective The weekly ElliotWave (EW) chart pattern on ESLT shows rather lucrative long-term potential. Besides that we may notice fine weekly cap-and-handle formation near all time highs 80780 area.
Price shows relative strength to general TASE index (shown on the liner chart above) and I like how the volume and volatility subsides in the right handle area of the chart.
If the price manages to break-out above 80780 pivot with rising volume, I would consider this constructive for any position/s
JBNK - Macro view is not certain, but break-out CaH on a Daily
Weekly macro perspective has a nice diagonal pattern, that respects key support and resistance zones. Although it is hard to definitely state that primary wave 4 has found its bottom in Apr23 due to its relatively short timespan within the macro structure. But as I a low-risk trader I am not concerned with the overall wave pattern, but with what price and volume are doing in particular moment in time.
That being sad, zooming in to the potential weekly handle zone, I really like how the patt
NXSN/Next Vision - 2023 Rally may need to rest My ElliotWave (EW) analysis on NXSN shows that price has approached meaningful mid-term resistance zone at 2352-2627.
If my technical thesis holds, price shall start digesting its 250% rally from Oct'22 bottom in near term, finishing its wave iii and starting corrective wave iv. Important and ideal EW support zone for this potential correction is 1760-1472, that coincides with advancing 200D moving average.
From the trading perspective this is not exactly the area for any short selling attem
Improve Earning BreakAdd ability to only show upcoming earning,
if i put earning breaks i do not want to see all old earning, just the upcoming ones.
H
TASE:MIA Dynamics has approved the merger with GODMAccording to the agreement, Reuven Kaplan, former CEO of Psagot, and Guy Eliyahu will be appointed directors of the merged company.
Mia Dynamics is a privately owned company engaged in the research and development of technology of tiny electric vehicles, combining the size and dynamics advantages of two-wheeled vehicles alongside the advantages found in four-wheeled vehicles.
TASE:THES interesting...ThirdEye Systems ltd. - developing electro-optical recognition systems for drones
Market size of anti-drones solutions:
2020: $688 M
2021: $2000 M
Size of the payload market for unmanned aerial aircraft:
2020: $5,600 M
2021: $15,700 M
Size of the robotics market (civil and security):
2020: $37,520 M
2021: $145,500 M
Profit Report:
2020: 5,915,000 ILS
2021: 7,923,000 ILS
2022: 11,000,000 to 19,000,000 (There is some uncertainty as to the EOF)
TASE:BULL Bull Trading and Investment ltd - provides non-banking credit services.
Return on equity:
2020: 15.3%
2021: 18.3%
B
TASE:KMDA KAMADA - is a developer of life saving therapeutics. A global specialty plasma-derived biopharmaceutical company with a diverse portfolio of marketed products, a robust
development pipeline and industry-leading manufacturing capabilities. The Company’s strategy is focused on driving profitable growth from its current
commercial products, its plasma-derived development pipeline and its manufacturing expertise, while evolving into a vertically integrated plasma-derived
company. The Company’s two l























