Technicals Talk

Strong confluence of support at 50% Fibonacci Retracement level.

Bullish crossover on Stochastics.

Inverse head and shoulder pattern.

RLC’s share price rallied by more than 4% week-to-date and breached the 16.50 resistance creating a new 52-week high of 16.70.

Breakout of downtrend channel.

Bullish divergence on RSI.

JFC finds itself sustaining a strong upward trend.

Potential support at 61.80% Fibonacci Retracement levels.

JGS sees a slight upward trend as shares have been rising in the past two months.

BLOOM resumes its decline after a brief breather yesterday.

AEV is currently in the process of forming a solid base.

WLCON has snapped its four-day losing streak, up by +1.35% to 22.50.

CNPF is currently on an uptrend channel and is tracking its 50-day EMA as its support.

50EMA trail.

WLCON traded higher for 6 consecutive days then pulled back yesterday to 23.85, closing down by 0.63%.