Short Term Technical Outlook of TOP ACTIVE STOCKS on 22 May 2018, Tuesday
Tech Analysis Outlook (Short Term 1-5 days)
RSI (overbought or oversold)
1, 2 >>> ...
Jasper & Yangzijian are Oversold Stocks with RSI <30, which attempted Bear Rebound today.
Tech Analysis Rating
3,4 >>> ...
Yangzijiang, UMS Holdings, Jasper are amongst the stocks that had fallen more recently, besieged by selling pressures.
5,6, 7 >>> ...
Rich capital, Genting, QT Vascular (still sideways mode) are amongst stocks which risen recently. Need good Catalysts to support its price rises else be short lived.
Oversold stocks may stage sudden Bearish Rebound occasionally from overselling but resume its Bear Trend unless reversed by Positive news, whereas
Overbought stocks may face sudden Profit Taking or Correction after rising too fast or too much, but higher prices need to be driven by good fundamental news.
Stocks without Fresh catalysts or News are likely to remain Trapped in its Prevailing Range Band.
Disclaimer:
Above Technical Outlook may be unreliable & RISKY as its data are not verified to be accurate; it is only for general info.