AEL.N Prediction (2024 June 27)**Not a BHS recommendation. Just sharing my idea.
AEL.N - The overall trend is uptrend .
In the daily chart, it is creating a correction wave and as indicated in the chart a possible higher low (in the chart it should be corrected as Possible HL) has already been made at 22.9. This is confirmed by both the trendline and Fibonacci retracement tool (0.886 level).
Currently, the market is at 23.9. There is a possibility of moving upwards with the support of the trendline and fib level (0.61
Long
Citrus Hikkaduwa PLC - CITH.N0000 (CSE/Colombo Stock Exchange)Strategy
Price braking out from post rights consolidation.
- CITH consolidated around LKR 4.10-4.30 with relatively very high volumes
- Now breaking out from the consolidation area
Technical Analysis (Chart Patterns)
* Currently CITH is making a Reverse Head & Shoulder pattern break out with a re-test
* Printed a 20/50 MA cross
* On 20th June 2024 CITH closed above 150 MA with volume
Potential Pattern Targets
* Pattern target LKR 5.80
Fundamentals & business outlook
* Post rights
HBS.N0000Next Resistance Level - 12.5
Support Level - 11
Disclaimer: The information and analysis provided in this publication are for educational purposes only and should not be construed as financial advice or recommendations to buy, sell, or hold any securities. The author and TradingView are not responsible for any investment decisions made based on the content presented herein. Always consult a financial professional before making any investment decisions.
Long
TPL.N0000Next Resistance Level - 125
Next Support Level - 107
Disclaimer: The information and analysis provided in this publication are for educational purposes only and should not be construed as financial advice or recommendations to buy, sell, or hold any securities. The author and TradingView are not responsible for any investment decisions made based on the content presented herein. Always consult a financial professional before making any investment decisions.
Long
TAP.N PredictionBreaking the symmetrical triangle and moving towards next weekly resistence
**Not a BHS recommendation. Just sharing my idea.
Long
CENTRAL FINSNCE PLC CAN GET AT LEAST 75% PUMP.CFIN.N0000 can get at least 75% price up because 216-235 and 250-27 0 areas have some Month OBs (order Blocks). we can expect can price move 215,250 price areas.
Disclaimer : This is not a financial advice and DYOR.
Long
ASIA CAPITAL PLC CAN GET AT LEAST 200% PUMP.ACAP.N0000 can get at least 200% pump because 16.9-17.7 and 15.9-22.4 areas have some OBs (order Blocks).
Disclaimer : This is not a financial advice and DYOR.
Long
LIOC.N0000Staying above 50 DMA is a good sign for LIOC.
Disclaimer: The information and analysis provided in this publication are for educational purposes only and should not be construed as financial advice or recommendations to buy, sell, or hold any securities. The author and TradingView are not responsible for any investment decisions made based on the content presented herein. Always consult a financial professional before making any investment decisions.
Long
AMF.N000050DMA (Green line) acting as a resistance line & 23 will be the strong support level in upcoming days.
Disclaimer: The information and analysis provided in this publication are for educational purposes only and should not be construed as financial advice or recommendations to buy, sell, or hold any securities. The author and TradingView are not responsible for any investment decisions made based on the content presented herein. Always consult a financial professional before making any investme
ALong
ASIR.N0000📈 Stock ASIR closed at 23.9 on 31/05/2024
🔹 Resistance Level: 25
🔹 200 EMA: 24.8
🔹 Last Friday's candle: Pin Bar
The recent pin bar candle suggests a potential reversal, with the 200 EMA acting as a significant resistance level at 24.8. Keep an eye on this stock as it approaches the 25 resistance level.
Disclaimer: The information and analysis provided in this publication are for educational purposes only and should not be construed as financial advice or recommendations to buy, sell, or hold
Long
LOFCLOFC Daily
This chart and analysis are not financial advice. Do your own research before trading or investing.
EDENEDEN Daily
This chart and analysis are not financial advice. Do your own research before trading or investing.
LOLC LOLC Daily
This chart and analysis are not financial advice. Do your own research before trading or investing.
