RIVN popped today while FSR got halted and will be delisted. The 4H chart with BB and a predictive algo added suggest it has room to 13.25. The indicators are supportive of that forecast. I will take a long position here with a stop loss under the lower BB line. As to my FSR put options I will watch them rise until expiration time. No hurry. No worry...
GM on the weekly chart has ascended to the top of the high volume area of the long term volume profile. The predictive algorithm forecasts a bounce down from that level. The MACD indicator shows lines crossing over the histogram while the RSI lines are in the 60s about the same level as the market pivot in 2022. The Supply / Demand indicator has the...
FORD ( F) on a weekly chart is in a falling wedge pattern. Fundamentally, it is challenged by the EV vs hybrid dynamic, weak EV sales and the federal slowly ramping up MPG requirements as potentially rising gasoline prices affecting consumer decisions away from the gas consuming F-150 where the profits are the highest. Unless F can breakout of the...
RIVN spends more to produce of its nice truck than it sells them for. This is a recipe for a disaster which is now baking in the oven Earnings have plummeted. If guidance was better than realities forecast there might be a dip buy here. i have a variety of positions shorting RIVN when it runs a countertrend correction I will take a hedging long position...
On the weekly chart, the TSLA /F ratio is plotted versus time. An ascending ratio suggests, TSLA market cap is dominating FORD while a falling ratio is the opposite. If a trader is trading both of them this charge helps guide relative momentum and so also trading decisions related to the shift in the EV trend and other related long-view concepts. FORD just did...
Can Enter at CMP 41.30 or Enter at 37 level If again falls then you need to average at 26 level BEST STOCK TO INVEST Disclaimer - All information on this page is for educational purposes only, we are not SEBI Registered, Please consult a SEBI registered financial advisor for your financial matters before investing And taking any decision. We are not...
Eicher Motor is making flag pattern at 1H time frame you can trade Eicher Motor with small stop loss. Entry : 3349 StopLoss : 3331 Target : 3390,3400,3430
As Nifty is trading above its resistance area, it looks like the growth is being pushed by AUTO and FMCG Sector. AUTO Sector has recently broken out of its resistance area and it seems it will continue to go higher in upcoming weeks. Checking out AUTO STOCKS, Ashok Leyland looks a good pick. The price has broken out of its resistance area and is trading above...
Hello and welcome to this analysis A bullish harmonic bat has been activated in daily time frame suggesting a bounce/reversal till 1075/1100 as long as it does not break below 990. Accumulation zone 1010-1040 for a good risk reward set up Happy Investing
Dear traders, I have identified chart levels based on my analysis, major support & resistance levels. Please note that I am not a SEBI registered member. Information shared by me here for educational purpose only. Please don’t trust me or anyone for trading/investment purpose as it may lead to financial losses. Focus on learning, how to fish, trust on your own...
Hello and welcome to this analysis TATA MOTORS gave a sharp dip from its slanting trendline and now at 390 has formed a Bullish Harmonic Reciprocal AB=CD It could do pullbacks till 430-440 as long as it does not break below 390 Good Risk Reward set up at this level. Happy Investing
Hello and welcome to this analysis based on Harmonic Trading Patterns In the daily time frame it has made a Bearish Harmonic ABCD pattern with perfect balance symmetry. It could retrace down to 440 - 430 as long as it does not trade above 461 As per Option Data also July Series 460CE is seeing fresh shorts being added and 440PE is seeing short covering. While...
Hello & Welcome to this analysis Maruti has activated a Bullish Harmonic 5-0 Pattern suggesting upside till 8500-8600 with strong support now at 7800. Harmonic 5-0 Patterns are not found so frequently and their success ratio is quite high. Happy Investing
It has given a breakout after a sideways corrective. In the short term it could rally till 155-160 while in the medium term stock looks good for a possible 225. Short term stop loss for this breakout is at 141
Daily Chart - Stock is mostly sideways on the daily chart. Hourly - Stock had lower low, lower high structure, though recently the length of downswings are getting smaller and stock also went above previous high, and it looks like it is started to create a higher high structure. Hence sustaining 748- 745 levels, it can move towards 800 in the coming week.
Since the beginning of the year General Motors has started doing healthy bullish things on its chart. We have another uptrend that is in play, and if the trend holds we can look for a retest of the $60.30 resistance level. A break and hold above that level could send us 15% to the upside to the top of the channel. ***Also, please be aware that the current market...
As per ICHIMOKU technical studies in multi time frame. the consolidation appears to be complete in this hourly triangle. It could now test 4350/4500 as long as it sustains above 4170
It is in 3rd of 5th wave up of larger degree cycle. The stop loss level is 296.85 and target level will be above 360.