hammercandle

Technicals RSI(10) @62 reaching for higher highs - OBV confirming trend ADX (directional index) on a continuing positive trend We see a very bullish move, as a hammer candlestick is formed at the 61.8% retracement level. ----------- This is happening as the market as a whole is on a rally. I would wait to see if we can break $68 (heavy resistance) on Monday.

The Price has rejected the resistance zone twice, one with a reflective candle and the other one with a hammer candle. The 2 scenarios rely on waiting for the Price to break the trend line or sell now given the ascending wedge. RSI and MACD shows change of trend

Goes Ex-div on 17th, w/ .9 divi Good probability of hitting 50-61.8% retrace off of daily hammer on support. Target profit of 6.37-7.5% w/in 2 weeks. Just raised divi from .8 to .9

May 2nd: DKS reached SMA(100) support line forming a Hammer candlestick. Technical information: RSI(14) @39 CCI(10) @-100 Support: 32.46 Resistance: 39.4

HKEX:1571 is going to break through a strong resistance level at 3.07, which will also formed a double bottom. As it can stand on the high volume close price with a hammer candle pattern. MACD will also help for this break through as both fast and slow line are above 0. The first target will be the target of the double bottom and also the top of the last downward...

in Daily chart : Hammer candle stick pattern. Regular Divergence > Buy Entry : 1.1202 (Now) Stop : 1.1160 (42 pips) TP1 : 1.1280 (78 pips) TP2 : 1.1400 (200 pips)

in Daily chart : Inverted hammer candle Support level at 143.8 Hidden divergence > Buy Entry : 144.00 Stop : 143.70 (30 pips) TP1 : 145.20 (120 pips) TP2 : 146.00 (200 pips) in 4H chart : Hidden divergence

we are looking at a possible rise of price action because of the RSI divergence at an important monthly structure level.

Due to oversees market the ASX should be opening higher this morning form yesterday pull back. This is why i'm looking at consumer cyclical stocks, RWC gap down yesterday to its support level and formed a bear hammer I wish it was a Bull hammer but this is fine as well. It sitting outside its 2 deviation, looking to counter trade this stock to $4.40. It also at...

2 daily hammers,Tested support line. PT1: 190 PT2: 198

Due to oversee market the ASX200 should be pointing higher this morning. This is why i'm looking to buy EHL, it has formed a bearish hammer on support and with the Elliot wave theory its on C wave. With EMA on the daily chart, the 13 and 50 EMA its on downward trend same with the MACD. Same goes with the weekly chart, therefore we go see a bounce off on this level.

Target showed me all the ways to make money today. I took a small scale in a few days ago anticipating a good response to holiday earnings after they had a relatively lukewarm rebound from the late 2018 correction. Seeing the traffic at my own local Target, I was certain they would exceed expectations and they lived up to my hopes and more. After hours trading...

Spring semester is upon us... Could this be a strong bounce, or a slow and confusing moment? Hammer head forming today with a strong resistance level at 7.56, would ideally like a good reversal up to 8.40, I guess I'll sit and wait to see what happens now. uc.

like this for a shortterm spike

We are currently got rejected by the mid bb on the Daily TF. If no BUY volume enters soon the price will go down more. rn ball is @ 15min chart IMO because bb bands trying to restrain PA within the range. Last 15 min patterns haven't disappointed now keep following for bigger moves. If you want to get more updates and...

FirstSource Solutions Ltd. is Buy with a target of Rs. 66 and Stop Loss placed at Rs. 42. On Technical Charts FSL has created double bottom at 46-47 levels with hammer and one white soldier pattern and follow up buying also confirmed its bullish reversal. So one can buy FSL at current levels with stop loss suggested for a period of 3-4 months of positional...

Hey traders, Here on the EUR/CAD we have the following reasons to go LONG: Daily Chart: - Bullish Trend - Near Daily Support Level (higher low of the trend) 4h Chart: -Bullish Engulfing Candle/ Hammer Candle GO GREEN!

Getting in after the strong down move and as the big hammer on H4 was formed. 1)The stop loss is under the hammer low. 2)Profit target is based on the technical structure.