CHI 100 MA is now acting as a support. If this holds, do you know what will happen next? I don’t. :3
BEL is kinda forming a bullish bat pattern with an X 88.6% at 3.67 and 1.618 Bat at 3.77. Another pattern is Bullish AB=CD pattern at 3.58. Ichimoku indicators are bearish though…
What other people think
It seems like a bearish bat is forming for FLI. I tried checking with some other patterns then this is what i came up with. AB=CD pattern at 161.8% = 1.98, BC at 2.618% = 2.07 and XA of Bat at 88.6% = 2.11. Ichimoku indicators are bullish especially if the chinkou span is out of the cloud. Well of course, it should break the resistances. Caveat!
What other thinks about FLI
SLI is forming it’s handle and it seems like it’s about to breakout anytime soon. Ichimoku indicators should get out of the cloud soon. Caveat!
Recently, MEG just reached an all time high but i think it’s not that significant. But if you are going to look at its chart, all the indicators are bullish. This might go up or might retest support around 5 then another run.
What other people think about this stock