Technology

Nu-oil & Gas stock (LSE:NUOG) has gone through the roof, as price rallied massively, beginning from October 2016, and maintaining that bullishness till now. The market formed a strong base for most months of this year – something that was ended abruptly in October. The market is in an uptrend, and 4 EMAs are used […]

Redcentric shares (LSE:ENC) have been sold massively in a recent huge selling pressure. Price consolidated from the months of July to October, 2016, and started to move south gradually in October. Right now, price has gapped below the lower Trendlne, moving briefly below the support level at 50.00, before bouncing upwards a little. The RSI […]

Gulf Keystone shares (LSE:GKP) has been weak for years, and there is no end in sight for the weakness because the stock would eventually become a penny stock. It is not uncommon for the market to move sideways, drop further, then move sideways, and then drop further. Here, rallies ought to be temporary and seen […]

Proteome Sciences stock (LSE:PRM) has imploded and crashed, leading to a huge Bearish Confirmation Pattern in the daily chart. This is just the beginning of a persistent downtrend. In the chart, the ADX period 14 is at the level 40, showing a strong trending movement in the market. The DM+ is above the DM-, meaning […]

AUS200 Dominant bias: Bearish AUS200 consolidated in the first few weeks of October, and dropped conspicuously last week. There are Bearish Confirmation Patterns in the 4-hour and daily charts, which portend the possibility that price could go further south. Therefore, price may target the support lines at 5200.0, 5100.0 and 5000.0 this month, though there […]

A sure-fire bullish signal has appeared on Sovereign Mne stock (LSE:SMA). Price is currently in a bullish mode, which happened following a strong bullish breakout that happened in September 2016. Before this, price was in a consolidation mode for several months. 4 EMAs are used for the analysis, and they are EMAs 10, 20, 50, […]

Genel Energy Shares (LSE:GENL) are currently indecisive. The market has been in a kind of consolidation since August, following the bearish run that was witnessed in July 2016. Price currently hovers between the upper and lower Trendlines. Though price has gapped downwards recently, but the gap would soon be filled. The extant gap has pushed […]

Roxi Petroleum stock (LSE:RXP) has spiked upwards. The short-term trend is bearish, but the spike has overturned everything, which could potentially result in a bullish signal. But is this sustainable? Whatever happens in the next few days would determine the direction of the market. In case price stays above the EMA 21 and the Williams’ […]

Cluff Natural Resources shares (LSE:CLNR) are still in a bullish mode, which means that the current bullish trend will continue. Price formed a frustrating base in most months of this year, but it broke upwards in August 2016, trending seriously upwards. The market has become volatile and bulls and bears are in a deadly struggle […]

Easyjet stock (LSE:EZJ) has crashed and the crash has created a long-term downtrend, which is supposed to continue till the end of this year. 4 EMAs are used for the strategy and they are EMAs 10, 20, 50, and 200. The color that stands for each EMA is shown at the top left side of […]