CSELK:CALT.N0000   CAPITAL ALLIANCE PLC
CALT.N0000

This chart and analysis are not financial advice. Do your own research before trading or investing.


In the weekly chart, CALT's share price closed within the 60-61 support range, ending the week with a red candle. This level coincides with the strong 0.5 Fibonacci support. The weekly RSI indicator shows that the support line remains intact, with a close above it.


Turning to the daily chart, breaking the 10-day moving average (DMA - the yellow line) is crucial for signs of an upcoming uptrend. The RSI indicator is also encouraging, with the share price finding support at S TL#1 and successfully breaking and closing above S TL #2.

Penafian

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