Jaya Holding – Breaking out from the Symmetrical Triangle

Jaya Holding looks like breaking out from the Symmetrical Triangle.

Technical Indicators also look bullish:

  • Stock price above 20D, 50D and 200D MA.
  • Stock price at upper Bollinger Band
  • Stock price is below Parabolic SAR curve
  • MACD Bullish Convergence
  • RSI & Stochastic at Overbought region.

However, this bullishness may not be sustainable due to lack of volume.

Goldman Sachs – Going to complete Right Shoulder!

GS appears close to complete the forming of right shoulder. The stock is unable to break the uptrend support turned resistance line & its 50D MA. If GS breaks the neckline, the stock may be sent down to $144.
Other Technical Indicators (MACD, Parabolic SAR, RSI, Stochastic, Bollinger Band) start to show bearish convergence.