Technical Analysis

A notable decline has surfaced in the Petrofac Plc share market (LSE:PFC) as the price started looking for a baseline toward the 70 support line. The trend outlook is still in the hands of bears. However, eager long-position placers may have to join the transaction at this time by exercising a smaller lot size. At […]

Technical traders utilize past trading data (usually price and volume) patterns to forecast the future of the stocks. They do so by using behavioral economics for better performance/growth and thorough statistical analysis.  Understanding technical strategies can do wonders for you in trading. If you are a beginner, read these books to get a better idea […]

BNB bulls are currently exhausted after an aggressive ascent. Small candles above the $240.00 demand level revealed the market was in an accumulation phase. A bullish surge followed after the accumulation phase. A rising wedge guided the market to finally strike the $333.00 resistance level. BNBUSD has delivered a bearish displacement from the supply zone […]

There have been slight upward and downward forces in the Plc stock valuation(LSE:THG), as the market is liable to elongate a correction movement around the 60 and the 55 for a size-able number of sessions in the following trading cycle. It observes that price reactions will have more lows than highs due to lower active […]

The Supply@me Capital Plc share market (LSE:SYME)possesses a support-building style as the price has gone down to a point bears may not find necessary to keep an extension beyond in the forthcoming trading sessions. Intending long-position placers and new shareholders will have to relaunch their stances at this point, especially as the trade level is […]

It has showcased that the Supply@me Capital Plc share market (LSE:SYME) is close to forming a baseline over the 0.045 support level. The current outlook still possesses a declining nature with less active forces. A bounce off against a lower-trading spot at any moment from now will potentially materialize into giving birth to subsequent sustainable […]

The gravitational forces in the Scancell Holdings Plc share market (LSE:SCLP)may continue to fall below the 20-trading line. Some upward swings can potentially resurface not to surpass the 22 resistance line before bears can regain a decent shorting entry afterward. From an angle of technical projection, the left-over declining pressure may not even bounce against […]

There has been a long-holding of a selling condition in the Supply@me Capital Plc share market (LSE:SYME), showcasing the price approaches a baseline yet to identify. Meanwhile, buyers and new prospective shareholders may begin to launch a gradual comeback from this point of trading. The near barrier line that needs to breach northward is at […]

It has exhibited that buying moment is losing stance in the transactions of the Boohoo Group Plc share company (LSE:BOO) as the price is to drop further below the 50 resistance line. Several rejections have been staged around the value line to signal and confirm that investors may cash out part of their positions in […]

The BNBUSD market structure has turned bearish since the test of the supply level at $333.00. The new year started with the price of Binance Coin at a deep discount. The buyers took advantage and filled buy orders at the $240.0 demand level. This buying pressure fostered the prompt rise in price. The price soared […]