TECH TRADE
Here are some of the charts that I shared on twitter.
Compass Group had a strong breakout. Stock should move higher in the following days. This was a 7 month-long consolidation range.
#FTSE COMPASS GROUP (CPG.L) breaks out of a 7 month-long flat consolidation range. Low volatility set-up. Bullish. pic.twitter.com/EB8YdYSRwK
— Aksel Kibar, CMT (@TechCharts) November 25, 2013
I posted the long-term chart on IP GROUP last week. Stock had a strong breakout today above 160 levels. Looks very bullish.
#FTSE $IPO GROUP clears strong long-term resistance at 160. #TECHTRADE mentioned on Nov22nd. pic.twitter.com/wYCVKIoFsC pic.twitter.com/a1gbVltsEX
— Aksel Kibar, CMT (@TechCharts) November 25, 2013
Both Soy Meal and Cocoa stay strong with further upside potential. These are updated charts related to my earlier blog post.
$ZM_F Soy Meal moves higher after finding support. pic.twitter.com/CrhHd7VA6H now trading up 2% pic.twitter.com/TGHNhMs2bf
— Aksel Kibar, CMT (@TechCharts) November 25, 2013
$CC_F COCOA challenging 2,800 levels. Still bullish. pic.twitter.com/MHT27ca9Ig chart pattern –> double bottom. pic.twitter.com/TrjZ9ysJlm
— Aksel Kibar, CMT (@TechCharts) November 25, 2013
An important chart that should be on everyone’s watch list. Massive long-term base formation could resolve on the upside. This chart will look extremely bullish above 1,675 levels.
One of the most exciting charts on my watchlist. #JAPAN JSP (7942.T) forms massive base formation. Bullish above 1675 pic.twitter.com/RQXxYt5SEz
— Aksel Kibar, CMT (@TechCharts) November 25, 2013