Tag Archive for 'Bullish Convergence'

Intel (INTC) – Breaking out from Symmetrical Triangle and Bullish!

Intel (INTC) is breaking out from a Symmetrical Triangle with increase in trading volume. This breakout is a bullish signal and also confirmed by the Technical Indicators. Price target is around $22.50. Technical Indicators Stock price above 20D, 50D and 200D MA. MACD crossover and move into bullish convergence region. RSI is going up. Stochastic is [...]

Yanlord – Breaking Out from a Falling Wedge!

Yanlord is going to breakout from a falling wedge. Past two trading sessions ended with two Bullish Marubozu candles with increased in volume. Current stock price ($2.41) has broken 20D and 50D MA resistance line. MACD has crossovered the signal line and moving into bullish convergence region. RSI and Stochastic are heading upward. Stock price [...]

Jaya Holding – breakout from consolidation and BULLISH!

Jaya Holding breakout from consolidation today after one month with a closing marubozu candle. All Standard Six Technical indicators show bullish convergence. Stock price above 20D, 50D and 200D MA. Stock price above Parabolic SAR line Stock price at the upper Bollinger Band. MACD blue line cross red line at upper half. RSI on up trend [...]