Daily TF price just hit the bottom of a descending channel, waiting for an impulsive up showing bullish momentum. 4Hr TF - Consolidation is being formed where the price is ranging between support and resistance. Waiting for consolidation to be broken with bullish momentum and waiting for a LTF continuation correction in order to into the next impulsive move.
As we can see, GJ has been consolidating price for a while on the hourly time frame. We had price break structure creating a lower low, but price then used this as structure to continue on a bullish uptrend, thus breaking the change of turning into a downwards trend. If the hourly candle closes bullish outside of this range, would expect to see price retest...
Good buy@CMP. After a good rally tata power has corrected a bit and now it has given a breakout and it's time for the next rally. Grab an easy 10%. Follow this feed for more ideas. Before taking any positions consult your financial advisor.
XTZ consolidating and possible outbreak if BTC and ETH make a bounce. Possible long
SINO is pumping , and it will continue ego up if we hold our support as we show in the chart, and we have 2 target of profit taking.
Indigo broke out of its 40 days of resistance 2030 which got rejected multiple time. Indigo comfortable broke above & closed above 2030 after mire than a month. So indigo could be bought with mentioned stoploss & target.
Alembic Pharma is breaking out of 7 months of consolidating range. Price got rejected multiple times at 820 levels. Today it broke above with good volumes & trading comfortable above it. Could be bought with mentioned stoploss & target. Not to be missed breakout.
Pidilite is consolidation between range from past few trading sessions. Today its breaking out of consolidation. So pidilite can b bought with sloss 2207 & tgt of 2399 in 1 to 2 trading sessions.
LAST TRADE OF THE YEAR Entered a short on GJ after price consolidated for a while but has now broken its range. We aim to hit TP1 by the end of the day and then TP2 in the new year. Lets end the year on a high!
Note: I've mentioned this stock a couple of times before but both times it pulled back to an expected level due to the market conditions at the time. * Excellent earnings * Very strong up trend * High 3-month relative strength of 2.61 in the Industrial sector * Breaking out of a ~9 month base with higher than average volume * Tried to break out a couple of...
Chart Looks Good Nice Consolidation Delivery Quantity 14X times High Chances there will be breakout
Note: I last spoke about MMC around mid October and since then it has consolidated and now it's showing signs of going higher. * Excellent earnings * Very strong up trend * Very high 3-mont relative strength of 6.87 in the Financial sector * Breaking out of a ~2 month base with higher than average volume * We can see that it tried to break above earlier but came...
NYSE:F Taking a nice stair step up to the 21 range. The smaller moves with consolidation afterwards is a healthy bullish signal to me. The market really needs to soak up volume in the 20-21 range in order to break above 21.50 and hold in the long run.
* Excellent earnings and accelerating * Very strong up trend since inception * High 3-month relative strength in the Tech sector * Breaking out of a ~5 month base creating a cup and handle pattern * Depth of the cup is ~15.5% * Breaking out with higher than 15 day average volume Trade Idea: * Given the current market conditions you can open a small position...
ATH Flip level for BTC using Fibonacci and confluence of important levels including structural support, Fibonacci and Monthly High, RSI RSI : Oversold Zone Scenario 1) BTC Flips from Fib 0.5 (54300) Good consolidation and breakout Target - 81056 Scenario 2) BTC Flips from Fib 0.618 Target - 78600 Further update upcoming Thank You.
* Amazing earnings year-over-year * Very strong up trend * High 3-month relative strength of 4.05 in the Industrial sector * Pays out dividends * Breaking out of a ~9 month base with slightly higher than average volume * I mentioned it was breaking out mid November but due to the market conditions it had a slight pull back to the $232.47 area * It has since...
* Good earnings * Very Strong up trend * High 3-month relative strength in the Real Estate sector * Breaking out of a flat base of roughly 6 weeks with higher than average volume * Pays out dividends quite generously since it's a REIT Trade Idea: * Now's a great time to enter as the price is just breaking out and is very close to the broken resistance. * The...
* Great earnings * Very strong up trend * High 3-month relative strength in the Consumer Cyclical sector * Breaking out of a ~9 month base with higher than average volume * Showed incredible strength over the past couple of months while the market was facing uncertain times. * Max probable ROI is 28.57% Trade Idea: * If you can tolerate some volatility, now's...