NSE:HCG has been given a long time breakout. As per my analysis, best level to take buy entry is 480 with stop loss of 340 (-40 Points Risk). Expected upside levels would be 397, 413, 429, 452 & 481. This could be low risk and high reward idea. Note: This is my personal analysis, only to learn Stock market behavior. Kindly do your analysis / research to take any...
This stock is looks good for swing trade, it has made a very good pattern and given a good BO. In this stock we can achieve 5-10% from CMP.
RY has filled a gap created back at the beginning of 2018 and we also see a potential large double top formation on the daily and weekly timeframes that is being formed by rejection. This is an opportunity to position short for a new downtrend on the lower timeframes, looking for support on the 8/1 Gann and as low as the 4/1 Gann. On the larger timeframe, don't...
Steve Eisman (depicted as Marc Baum in The Big Short movie) has publicly revealed the institutions he is shorting in anticipation of the next wave of credit normalization. They include RBC, CIBC, Home Capital Group, and Laurentian Bank. Steve has not revealed his targets or how far exactly the trade will go, so the estimates on the chart are my own. As you know,...
I think last week's pullback in equity markets was a good thing. The market got overheated and it gave us a reminder that stocks don't always rise. Memories and patience are short in the finance industry especially with some recent trends (blockchain) skewing people's perception that building wealth gets built overnight. Not the case, in the past 50 years of the...
www.fool.ca HCG Contagion idea