Table 2_Food Empire's peers

Food Empire – potential bullish chart development amid volume expansion (11 Nov 2019)

This week, Food Empire caught my attention with their potential bullish chart developments amid volume expansion. This may be an opportune time to take a look at Food Empire on the back of its potential bullish chart and strong results released this evening. Do take a look at the basis and more importantly, the risks.   Basis A) Chart looks positive with strengthening indicators and volume Based on Chart 1 below, Food Empire has been trading in six-month trading range $0.490 – 0.550 and is now on the verge of challenging its key resistance around $0.550 with increasing volume. It […]

Sunpower chart 5 Nov 2019

Two stocks, ISOTeam and Sunpower with potential bullish stock charts (5 Nov 2019)

This week, two stocks, namely ISOTeam and Sunpower caught my attention with their potential bullish chart developments amid volume expansion.   1. ISOTeam Chart looks positive with strengthening indicators and volume Based on Chart 1 below, ISOTeam has been trading in a range $0.225 – 0.245 since 2 Aug 2019. ADX is starting to rise (closes at 18.7) amid positively placed DIs. In addition, indicators such as MACD, OBV and RSI are strengthening. MACD has done a bullish MACD line crossover and centerline crossover. A sustained breach above $0.245 with volume expansion is positive for the chart with an eventual […]

Peer comparison 17 Sep 2019

Unusual – Challenging its key resistance $0.270 – 0.280 with volume expansion (4 Nov 2019)

Last Friday, Unusual Limited (“Unusual”) caught my attention. It is testing its key resistance $0.270 – 0.280, accompanied by an increase in volume for the past three days with above average volume in two out of the past three days. It closed at $0.275 on 4 Nov 2019. Day range 0.270 – 0.280. Furthermore, as its 2QFY20F results are just around the corner, it may be an opportune time to take a look at this stock.   Interesting points A) Chart looks positive with strengthening indicators and volume Based on Chart 1 below, Unusual has been challenging its key resistance […]