Technical Analysis

Profit-taking cycle has been driving activity in Empire Metals Limited (LSE:EEE), as the stock enters a corrective phase, pressing against the 80-resistance level and signaling potential hesitation around the threshold. As the shares-offering company enters into a corrective phase while pressing against the 80-resistance level, it reflects both market ambition and caution. The move underscores...

Hemogenyx Pharmaceuticals Plc (LSE:HEMO) traded in a prolonged decline below the 200-trade line from April to late August before sharply rebounding at the start of September to press toward the sub-1,200 resistance. Despite the sharp surge in the stock operations toward the 1,200 threshold, warning signs are mounting as the move follows months of suppressed […]

BTCUSD outlook points towards renewed bullish price trajectory. From a technical standpoint, Bitcoin price found solid footing within the order block support zone around $108,390. This zone was defended successfully, with buyers reclaiming momentum and driving the price back above $115,000. The move has effectively reestablished a bullish structure, negating prior downside pressures. The...

ETHUSD prepares to resume a bullish trajectory after the consolidation phase. From a technical standpoint, price action has completed a descending triangle breakout, showing resilience above the $4,110 support zone. The daily candles reveal consistent rejections of lower levels, with bullish pressure building toward the overhead resistance at $4,870. This consolidation near recent highs...

During the June trading sessions of United Oil & Gas Plc (LSE:UOG), the stock market experienced a series of upward movements by bulls but eventually became exhausted around 0.25, leading to a correction and allowing the business to maintain higher price ranges. The stock market experienced successive upward drives by bulls, reaching exhaustion around the […]

In trading, it’s easy to find yourself reacting instead of thinking. Maybe you sell too soon out of fear or rush into a position before your strategy is clear. Often, this comes down to one common weakness—following the crowd. The herd mentality is as old as humanity itself. People naturally seek safety in numbers, and […]

Financial records from the July to August trading sessions indicate that bulls made unsuccessful attempts to break resistance around 35 in the business exchange of Thg Plc (LSE:THG), while the stock now shows price action attempting a rebound sequence toward the support formation above 25. With the stock’s price action attempting a rebound toward the […]

Anglo Asian Mining Plc (LSE:AAZ) has waxed higher, achieving a new 52-week peak at 200, buoyed by strong short-term momentum, improving investor sentiment, and robust technical signals pointing toward further potential sustainable gains ahead. The stock’s advance, buoyed by strong short-term momentum, improving investor sentiment, and reinforced by robust technical signals, underscores market...

The predominance of profit-taking sessions has, over repeated periods, been firmly established in the exchanges of Blackbird Plc (LSE:BIRD), as consistent sell-offs have visibly weakened the stock’s market structure. However, this prevailing softness positions bulls to monitor closely and eye potential rebounds in the near term, with prospects hinging on improved sentiment and renewed buying...

In preparation to conclude the prevailing downtrend in the business activities of Angle Plc (LSE:AGL), the market appears to be positioning for a baseline resettlement, as the stock trends toward a support retest below the 6 mark. In the meantime, a selling candlestick is in the making, spanning slightly across the trade line of 6. […]