Chronicom

Chronicom

Current break out from trading range reminds of a past move in 2018. If the point and figure calculation is correct, the target of 65 cent coincide with Elliot wave calculation with potential 50% upside.

Chronicom

MAG is a penny kaunter, after a long downtrend, the downtrend line broken forming a range. Bullish buying seen as volume spike in rallies. A recent low volume spring is negated by a strong buying pushing price up into the range. After completed 1 cycle of Elliot wave, the price stopped at fibonacci level 0.5 formin yet another reaccumulation range. Buying volume...

Chronicom

A leader in plantations counter. After a swing high of 66 cents from covid low, a buying climax is seen with subsequent change of stride. A change in character ensues with subsequent range formation. The range has reaccumulation bias as prices expands with each rallies and contracts with reactions. A number 2 fear is seen however series of higher high and higher...

Chronicom

Pecca, an automotive upholstory company turned to ppe making company. Automotive product is already a strandard , with the epidemic has succeeded in creating a new income stream. After a lacklustre finish to previous quarter a selling climax is seen with another composite operator taking over as price became attractive. A reaccumulation ensues and later a reversal...

Chronicom

After a steep rise earlier this year, Pohkong has retreated and consolidated forming a strong support while testing resistance a few times. Today after touching Gann Line, it has broken out from the Ichimoku cloud with high volume. If gold prices continue its trend, supported with strong current and future earning we can expect Pohkong to start an uptrend to form a cup