Varun Beverages (VBL), a stock of FMCG sector has given a weekly closing above 800 for the first time after its split on 10th June 2021. The day high of '810' on Friday coincides with 38.2% golden ratio on Fib levels.
Above 811, it can easily give 1-2% targets in intraday.
A 15 minute candle closing above 810, ater 9.45 am can be a good buy for a swing trade too....
Ascending triangle forming on Zbra.
To avoid fake breakout, wait for a move above 518 to enter a long position.
Potential move of usd 90 to the target zone mentioned on the chart.
Note that the pattern can fail if the overall market drops.
From its height of $94 in June of 2020, NKLA has certainly seen a beatdown since then. We've reached NKLA's original levels before the bull run. For NKLA today, $13 is a critical level of resistance. Let's rewind the clock again: we broke through $13 in April of 2020 and bounced off of the same level, which was when our NKLA rocket took off. The same level was...
AES CORPORATION :
Text book ascending triangle .
Ascending triangle patterns usually occur in trends and acts as a continuation pattern. It's defined by a bullish trending move followed by two or more equal highs and a series of higher lows.
The pattern is complete when price breaks above the horizontal resistance area. The pattern is considered successful if...
TRON is a distributed blockchain that enables developers to create smart contracts and decentralised applications, freely publish them, own and store data and other contents.
On March 27, 2021, TRX has been trading in an Ascending Triangle . It is trading near the resistance, breakout from which may propel the bullish move to new highs .
Key Levels to watch out...
ETH has broken out of it's ascending triangle and looks to be heading north of $1,500
It will likely head much higher over the coming weeks, so this is just a first area for profit taking.
Remember this is only my formed analysis outlook. This is not an endorsement or recommendation to buy or sell.
Hey folks, I kept seeing you enjoy my analysis so of course I will do another one and I think it could go even higher than JMIA.
Today I was just contemplating over all the news, youtube videos and so on and so forth about NYSE:NIO
I don't completely see from where people taken the 150$ target for NIO but...🚀🚀🚀
In all seriousness, we have good elevating factors...
GBPUSD has been in a upward momentum over the past weeks. We've seen potential reversals that failed so the pair is most likely to break on the upside and continue the trend.
Disclaimer: Analysis is subject to market changes.
MATICBTC is consolidation below weekly structure.
on 1d timeframe the price is creating an inverse head and shoulder
on 4h timeframe the price is creating an ascending triangle
IF the price will break the weekly support According to Plancton's strategy, we can set a nice order
Follow the Shrimp 🦐
The Price has been in Ascending Triangle Pattern for some time now. The Bulls are strong on this pair. We have price going up to meet the 2-Year Descending Trendline and the Tested Resistance at 1.0800 .
So We have two types of resistance at this point. Trend-line Resistance and Horizontal Resistance. The question is: will the Buyers be...