AEV( Chart: Daily Resistance: 8.80/9.00/9.40 Support: 8.10/8.00)
AEV may be forming a symmetrical triangle, but it is still too early to confirm this, but at this point AEV is a candidate for range trading. Recommendation: Buy near 8.10. Sell when it goes below support. If a bounce from support happens this week, be on the look out for selling opportunities at 8.80 up to 9.40, these price levels may form resistance.
VUL (Chart: Daily Resistance: 1.58/1.64 Support: 1.50)
VUL is forming a symmetrical triangle with resistance at 1.64. The possible target is at 2.00. Recommendation: Buy. Sell if price went below 1.50. Watch out for resistance at 1.68 and 1.80
UPM(Chart: Daily Resistance: 0.77 Support: 0.70)
UPM is also forming a symmetrical triangle with resistance at 0.77. Possible target price of 0.90 and above. Recommendation: Buy on break out.
PLTL (Chart: Daily Resistance: 6.80/6.90 Support: 6.50)
PLTL is forming an ascending triangle with resistance at 6.80. At this point if the resistance is broken without volume, a bigger ascending triangle at 6.90 is a possible area pattern to break out from. Recommendation: Buy on break out.
AEV may be forming a symmetrical triangle, but it is still too early to confirm this, but at this point AEV is a candidate for range trading. Recommendation: Buy near 8.10. Sell when it goes below support. If a bounce from support happens this week, be on the look out for selling opportunities at 8.80 up to 9.40, these price levels may form resistance.
VUL (Chart: Daily Resistance: 1.58/1.64 Support: 1.50)VUL is forming a symmetrical triangle with resistance at 1.64. The possible target is at 2.00. Recommendation: Buy. Sell if price went below 1.50. Watch out for resistance at 1.68 and 1.80
UPM(Chart: Daily Resistance: 0.77 Support: 0.70)UPM is also forming a symmetrical triangle with resistance at 0.77. Possible target price of 0.90 and above. Recommendation: Buy on break out.
PLTL (Chart: Daily Resistance: 6.80/6.90 Support: 6.50)PLTL is forming an ascending triangle with resistance at 6.80. At this point if the resistance is broken without volume, a bigger ascending triangle at 6.90 is a possible area pattern to break out from. Recommendation: Buy on break out.
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