Page 21 | Ideas and Forecasts on Stocks — Sri Lanka — TradingView

BRWN The stock has broken out of the descending triangle pattern to the upside, indicating potential bullish momentum. If the buyers continue to push the price upwards, the stock may reach the target price of Rs. 155 obtained from the descending triangle pattern height, which aligns with the Fibonacci retracement level of 0.618. Disclaimer: This chart and analysis are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations. Do your own due diligence before trading or investing in this stock.

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CHOT | Analysis Analysis: Considering the bearish divergence on RSI and the rising wedge pattern, it's safer to exercise caution. It's best to set a stop-loss below the previous higher low level and wait for a breakout of the descending trendline on the RSI or wedge pattern. If the stock stays above the 10-day moving average, it could be a positive sign. Stop-Loss: 18.50 Disclaimer: This chart and analysis are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations. Do your own due diligence before trading or investing in this stock.

by UnknownUnicorn33113667

AHPL | Analysis Analysis: The stock has broken out of the ascending triangle pattern and retested the pattern high for support. If the previous higher high of 43.90 is broken, the stock may potentially move towards the levels of 47.30 to 48.50 levels. Stop-Loss: 39.50 Disclaimer: This chart and analysis are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations. Do your own due diligence before trading or investing in this stock.

by UnknownUnicorn33113667

VONE | Analysis Analysis: Considering the bearish divergence on RSI, lower highs, and the rising wedge pattern, it's safer to exercise caution with a stop-loss below the previous higher low level and wait for a breakout of the descending trendline on either the price or RSI. If the stock stays above the 10-day moving average, it could be a positive sign. Stop-Loss: 39 Disclaimer: This chart and analysis are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations. Do your own due diligence before trading or investing in this stock.

by UnknownUnicorn33113667

LIOC Currently trading at trend line and MA9 resistance MA 20,50 cross RSI holding trend line and gradually turning upwards. The gap of MA 200, 50 in the 4h time frame also reducing. Too many resistance. In 1h time frame there is Golden cross. Though there is a MA 9,20 cross long term MA's travel the opposite direction. Last candle also indicates selling. Handle with Care

AHPL watch out for the inverted head and shoulders break out.. pattern target is marked with a green line. downward trendline is need to be broken with volumes for any bullish move to sustain. Volumes are gathering in to the counter.

RENU After making a bearish divergence and getting corrected now prices, now getting support at fib levels. RSI might give a buy signal if the triangle breaks up. (another illquid one)

RCH Though another illquid counter, RCH seems like its ready for another leg up. RSI need to retest a bit. Overall counter seems to be in a massive symmetrical triangle with prices trading well above 200DMA. Look at fib levels for resistances

NEH counter looks sluggish and trading with a channel. Due to illiquid nature of it, movement seems minimal.

AHUN After getting rejected at GP, counter currently seems getting support from a previous resistance 58 area. likely to break GP area and continue.

KHC Shows more sideways movement while trading within a channel. Close above 8.2 will be important for the counter to go to next stage of price action

KHL KHL is trading well above DMA cluster, however currently facing GP resistance and got rejected. RSI shows little bit more sideways action short term

LIOC.N - New structure LIOC broke out from trendline. Now making moves. 0.618 fib level is interesting to watch. DDYOR Keep an eye!

SERV.N - Possible Breakout Cup and Handle formation, with a breakout pending Golden Crossover has already taken place, highlighted on yellow circle. Upside of 195 with a stop loss shown. Watch out for breakout! DDYOR. NOT FA.

ASCO simple chart..showing strength.. RSI needs to breakout 14.1 will be a pivot towards bullish side

PLR PLR is currently moving on a uptrend as visible, but being rejected at GP. It will likely to retest in in coming days. Two support levels are marked for the new entrants. RSI trendline has broken and currently on a retest.

ASCO ASCO was rejected at the 0.5 fib area. If volumes comes, break above 14 can expected.

ALUM ALUM currently facing a resistance at 8.8 AVWAP level. Breakout from this level will lead to 9.3 area where it will meet the fib golden pocket.

AEL AEL has nicely breakout the cup and handle pattern with convincing volumes. Next we have resistance at the 17.7 17.9 area where we have AVWAP and fib resistances.

ACL ACL had strong resistance from the AVWAP level at the 88.3 and is currently testing the fib support 0.382. It has nicely bounced back from the fib support and within next few days may move towards fib 0.5 level.

AGST Broken down from a descending triangle and now made in to a falling wedge. 4hrly RSI shows bullish divergence!

CIC.x broke out a triangle now on a resistance zone. Breaking 58 will be vital for bulls to take the prices higher

CFLB currently dwindling in a symmetrical triangle. breakout of either side can be expected. However note that prices are still above 200DMA, making it the counter still bull Mid-LT