Frencken – [ Did You See Our Previous Post? Moved Up 4.5% Since Post]

17th February, 2020, 5:55 PM

Frencken – [ Did You See Our Previous Post? Moved Up 4.5% Since Post]Frencken 17th Feb 2020

Chart Source: Poemsview 17th Feb 2020

Frencken was a stock that we just blogged on last Wednesday and in a matter of a few days has risen 4.5% !

From our previous post we mentioned that Frencken was lagging behind the AEM, UMS which had a good run. It was finally Frencken’s turn to shine and shine it did. On a lacklustre monday, we saw some nice upwards movement for Frencken. Using technical analysis drawn on our chart we can see that it has hit our first resistance so some pullback might be expected. If it can overcome this resistance we might see it move higher to our upper trendline.

Drop us a message if you like to know more about Frencken.

Yours

Humbly

Kelwin&Roy

 

Hi-p – [ Is It Too High Now? ]

11th November, 2019, 3:18 PM

Hi-p – [ Is It Too High Now? ]Hi-p 11th Nov 2019

Chart Source: Poemsview 11th nov 2019

Hi-p has seen a very good run over the past month. As with any good runs, a pullback might be healthy for it to move higher in future. Hi-p might see a pullback in the coming days which is healthy to us.

A trader could take advantage of the downside by going SHORT which is essential to remain above water in this market condition. One could trade Hi-p to the downside using CFDs to aide them.

Our levels or Hi-p is drawn on the chart and if it reaches there we’ll evaluate Hi-p again.

Yours

Humbly

Kelwin&Roy

Valuetronics – [ Lower High On Each Rebound, What’s Next?]

20th March, 2019, 8:57 AM

Valuetronics – [ Lower High On Each Rebound, What’s Next?]Valuetronics 20th march 2019

Chart Source: Poemsview 20th March 2019

Valuetronics together with the other electronic stocks had a retracement after having a decent run up over the  last week.

Valuetronics has caught our attention for some of the reasons below.

  1. Its rebound is lower than the previous rebound at $0.74
  2. Valuetronics is below its uptrend line now.
  3. Valuetronics is near the horizontal support of $0.68. A break below that might signal more downside.
  4. Valuetronics is also below its 20ema

With these reasoning Valuetronics is now on our radar. A break below that $0.68 might have more downside.

Is Valuetronics on your watchlist?

What’s your trade plan for Valuetronics like?

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Yours

Humbly

Kelwin&Roy