karthikmarar

karthikmarar

The stock was in a year long wyckoffian accumulation range. Then it broke out of this range, retested and moving up again. Good volume support also coming in. Relative strength, Absolute strength, Money flow and buying pressure all positive. Now looks strong to test 660 levels. A closer look here

karthikmarar

In late May we saw the stock successfully taking out a six-month Rejection Zone and move up. Now after a small consolidation at a Major supply area and taken out the same. We can see lot of volume support coming in. The relative strength has been positive. The Moving averages are stacked up nicely. All these indicate that the stock is nicely poised to move up...

karthikmarar

The stock has been in a down trend for nearly 18 months. It has been moving is a wide downward channel. Now after recovering from the bottom of the channel . making higher highs, consolidated for some time around the 30 week moving average and moved past the 200 ema. Now attempting to move out of the channel. Good volume support is seen. Relative strength, Money...

karthikmarar

The Stock recovering from the recent bottom. Making Higher Highs and Higher Lows. Now moving past the 200 ema and already above the other short term emas. Relative strength , Money flow and Buying Pressure all positive. Now looks Strong to move up and test the previous high of 540 levels

karthikmarar

The stock moved past the previous Price Rejection Zone , retested and moving up again. Relative Strength, Money Flow and Buying Pressure all positive. A quality close above 86 will take it to higher levels.

karthikmarar

The stock moved past the previous Price Rejection Zone , retested and moving up again. Relative Strength, Money Flow and Buying Pressure all positive. A quality close above 86 will take it to higher levels.

karthikmarar

After moving above the moving averages including the 200 DMA going through a small consolidation. Looks ready for a Breakout and move much higher.