This chart and analysis are not financial advice. Do your own research before trading or investing. CSELK:BERU.N0000 Trend and Structure Analysis: The price has been in a strong uptrend after a long accumulation phase near the support zone of 0.80–1.50, breaking into a higher range. Currently, the price is consolidating just below the 3.20 resistance,...
This chart and analysis are not financial advice. Do your own research before trading or investing. $CSELK: MARA.N0000 Pattern Analysis - Cup and Handle Formation: The chart displays a well-formed cup and handle pattern with a neckline at 4.70. This bullish pattern often signals a strong move upward after the breakout. Height of the Cup: Approximately 3.7...
This chart and analysis are not financial advice. Do your own research before trading or investing. CSELK:REEF.N0000 Trend Analysis Current phase: The stock appears to be consolidating near a support zone between 4.00–4.30, hinting at potential accumulation. Moving Averages 30 MA (Yellow): The 30 MA acts as dynamic resistance, with the price frequently...
This chart and analysis are not financial advice. Do your own research before trading or investing. CSELK:LMF.N0000 H&S Pattern Breakdown The H&S pattern consisted of a left shoulder, head, and right shoulder. The neckline appears around the support zone of 30-31 LKR. The recent bullish move with a significant breakout suggests that the H&S pattern failed...
This chart and analysis are not financial advice. Do your own research before trading or investing. CSELK:PARQ.N0000 What's happening in PARQ? Fundamental Analysis: PARQ (SwissTec Ceylon PLC) reported exceptional year-over-year (YoY) growth in Q2 of 2024, attributed to strong performance in specific segments: Tile Mortar and Grout Segment: Consistently...
This chart and analysis are not financial advice. Do your own research before trading or investing. $CSELK: LMF.N0000 Moving Averages: 30-week Moving Average (MA 30): The yellow line represents the 30-week moving average, a key trend indicator. The price is close to this moving average, which slows upward but seems flattening. This indicates a potential...
This chart and analysis are not financial advice. Do your own research before trading or investing. Price Trend: The stock is consolidating within a triangle pattern, which suggests a potential breakout soon. This means that the price is squeezing between two converging lines, and when it breaks out of the pattern, a larger move (either up or down) can be...
This chart and analysis are not financial advice. Do your own research before trading or investing. Bullish Observations: Price Surge with Momentum: The stock price has risen to 23.20 LKR (+3.57%), showing strong bullish momentum. It has cleared the important 21.40-22.70 resistance zone, turning it into new support, which signals potential for further upward...
This chart and analysis are not financial advice. Do your own research before trading or investing. Bullish Observations: Strong Price Surge: Recently, the price has surged to 14.5 LKR, up by +7.41%, indicating strong buying momentum. This price action broke above the 13.30-13.70 resistance (marked as S: 13.30-13.70), a bullish signal. Golden Cross: We see the...
This chart and analysis are not financial advice. Do your own research before trading or investing. Bullish Signals: Inverse Head and Shoulders Pattern: The formation of the head at the bottom around LKR 4.0 and the right shoulder around LKR 4.4 confirms a potential bullish reversal. We could see a strong upward move once prices break above the neckline...
This chart and analysis are not financial advice. Do your own research before trading or investing. Bullish Signs: 01. Strong Uptrend: The market recently bounced from a significant low of around 10,250-10,450, marked as a major support (S1) zone. Prices have surged past 11,000, and the current price sits above 11,773. 02. Moving Averages Support: The price...
This chart and analysis are not financial advice. Do your own research before trading or investing. ASI Daily 01. ASI is taking support at 200 DMA. 02. The bullish divergence shows activation but needs confirmation, which can happen when the latest Lower High is broken. 03. There are signs of lesser selling coming into the market and no more bargain hunting...
This chart and analysis are not financial advice. Do your own research before trading or investing. 1. The range of the HnS in lying in level of 11522, which is about 200 points above the next support level. 2. The current support which is 11650-11750 may make a confluence zone with the descending widening wedge support line. 3. RSI is reaching the oversold...
This chart and analysis are not financial advice. Do your own research before trading or investing. EDEN.N is defying gravity! Despite a 20% plunge in the broader ASI, EDEN.N is finding solace in a bullish falling wedge pattern. This price compression, often a precursor to a breakout, has seen EDEN.N test and hold its critical support zone of 12.40-12.80. Adding...
This chart and analysis are not financial advice. Do your own research before trading or investing. BIL.N is setting the stage for a potential breakout! A massive inverse head and shoulders pattern is forming, hinting at a bullish reversal. This bullish case is further strengthened by the price action trapped within a falling wedge, another bullish continuation...
This chart and analysis are not financial advice. Do your own research before trading or investing. The ASI bulls have dug in their heels at the crucial 11650-11750 support zone, finding their footing after 18 days of decline. Three days of consolidation paint a picture of accumulation, potentially forming a base for a launch towards 12,000. With no bearish...
This chart and analysis are not financial advice. Do your own research before trading or investing. The ASI is printing lows each day. The support 12000 was demolished and now heading towards the 11650-11750 range while RSI is printing in the oversold area but without any divergences in the daily chart. Also, looking close enough it is visible that the...
This chart and analysis are not financial advice. Do your own research before trading or investing.