i used this swing strategy to develop hourly levels where i think resistance or support could occur. im long or short breakouts ir breakdowns of rangebound action here, and im long or short higher lows or lower highs forming around those levels as well in trending conditions.
Why We Rallied
It's been a strong few months for the S&P 500, which is up about 13% from the October lows. There were five reasons for the rally:
1) P/E ratios got attractive, especially for small-to-mid caps.
2) Inflation peaked, which historically has sometimes marked the bottom for stocks.
3) Global liquidity turned upward. Every major bond market was...
i really cant stress enough how much you ahould dump this if you havent. entering heavy set short territory. stock is still a long term buy and hold, but this requires lower prices first.
broader market etf favorite SPY should lead the market lower soon. credit flow in favor of selling equities.
largest cap AAPL should accep melt down
youtu.be
this is a really good video on the topin from yesterday afternoon tue. 20th dec. 2022
Although it depends on the overall market condition still it is a good long-term trade as it is on a weekly frame.
The dotted green line is your target.
Put the stop loss according to your risk management.
NSE:APOLLOHOSP large cap health care stock is touching triangle's resistance for 5th time in this year.
With positive earnings and bull market, this breakout can sustain if pharma sector picks momentum again.
Key note : Always follow proper risk management to avoid losing capital from false breakouts as this is common.
Caution : This is a knowledge sharing...
The stock has broken out and retested, therefore may undergo a reversal rally. Trade is supported by Supports Nearby.
Risk Reward Ratio - 2:1
SL is placed below the support zone & the lower trendline. The target is placed near resistance.
The stock has broken out and retested, therefore may undergo a reversal rally. Trade is supported by Supports Nearby.
Risk Reward Ratio - 2:1
SL is placed below the support zone & the lower trendline. The target is placed near resistance.
The stock has broken out and retested, therefore may undergo a reversal rally. Trade is supported by Supports Nearby.
Risk Reward Ratio - 2:1
SL is placed below the support zone & the lower trendline. The target is placed near resistance.
The stock has broken out and retested, therefore may undergo a reversal rally. Trade is supported by Supports Nearby.
Risk Reward Ratio - 2:1
SL is placed below the support zone & the lower trendline. The target is placed near resistance.
The stock has broken out and retested in the daily charts, therefore may undergo a reversal rally. Trade is supported by Supports Nearby.
Risk Reward Ratio - 2:1
SL is placed below the support zone & the lower trendline. The target is placed near resistance.
S&P 500 index looks to be finding its footing. It just broke through the 20-day moving average with gusto. The 20-day MA is a good gauge for shorter-term momentum.
This all hangs on being able to hold above the 20-day MA, if so, the next test will be at 3,978, which is approximately right where the downtrend line and the 50-day moving average meet. If it can...
The stock has broken out and retested, therefore may undergo a reversal rally. Trade is supported by Supports Nearby.
Risk Reward Ratio - 2:1
SL is placed below the support zone & the lower trendline. The target is placed near resistance.
NSE:AUROPHARMA2!
The stock has broken down and retested, therefore may undergo a correction in the short term. Trade is supported by Resistances Nearby.
Risk Reward Ratio - 2:1
SL is placed above the resistance zone & the lower trendline.
The stock has broken out and retested, therefore may undergo a reversal rally. Trade is supported by Supports Nearby.
Risk Reward Ratio - 2:1
SL is placed below the support zone & the lower trendline. The target is placed near resistance.
The stock has broken out and retested, therefore may undergo a reversal rally. Trade is supported by Supports Nearby.
Risk Reward Ratio - 2:1
SL is placed below the support zone & the lower trendline. The target is placed near resistance.
