Stock : Apollo Tyres
CMP : 499
Timeframe : Monthly
Pattern : Bearish Reversal with Divergences & Evening Star
Trade Type : Short
Price Action & Technical Analysis
- Bearish Divergence
- MACD Down
- Price is below 5 Moving Average
Target 1 - Rs. 436
Target 2 - Rs. 366
Stoploss - Rs. 520
Disclaimer : "The information provided in this content is for...
Today's focus: JPN225
Pattern – Continuation
Support – 35,860, 35,500
Resistance – 36,215, 36,718
Hi, and thanks for checking out today's update.
We are looking at the JPN225 today, but it's more from an educational standpoint around a continuation pattern that uses the moving averages to help qualify the setup. This setup comes from a system called the Floor...
Hi Guys! This is a Technical Analysis on Bitcoin (BTC) on the 3 Day Timeframe.
We've attempted since April 2023 to try and break ABOVE the Resistance Trend Line
From End of June to Mid July, we attempted to Re-test the Resistance trendline for couple weeks BUT Failed with a REJECTION.
Which brought Price Action to test SUPPORT on the 21 EMA (Purple line),...
Quick mini update on HBAR / BTC pair:
Broke above a falling wedge on the daily, reached TP 1. Since then it has maintained above the little green support area drawn on the chart, and should be moving up to 216 sats or TP 2 next.
This lines up with the 200 day EMA after getting above the 50 day EMA/MA. 229 sats could also be reached if it hits the 200 day MA
The key level of 1.07900 has been decisively broken, and now, we are witnessing a retest of this level. This retracement provides an ideal entry point for traders looking to join the ongoing rally. Market participants who missed out on the initial breakout are likely to seize this opportunity, resulting in increased buying pressure and fueling the continuation of...
The "EUR/CHF" has been in a downtrend since March – 2021, and it is obvious that we can expect a trend reversal if necessary.
> The EUR is the base currency of the pair and has suffered greatly from the USD (DXY) appreciation.
> The CHF is generally seen as a security, which is why the EUR is losing out to them.
--> Once the USD (DXY) shows signs of corrective...
Unfortunately, despite what I would personally love to believe and what you might believe, we are still very much in a bear market. You can see in this chart that in any bull market, we remained above the 720 Day MA. As of now we have not been able to get back above it. The positive note here is that the lower timeframe MA's have all begun to cross upward, to...
Hello friends.
According to following reasons i personally go LONG for BTC/USD :
1 - Reach the Higher Timeframe Valid trendline.
2- shape an Bullish Engulfing pattern on this line.
3-Reach the 27000 support level.
4-Bullish divergence Between Price and RSI.
5-Long distance from 50 , 100 and 200 EMA
So for these reasons i think we can go up till drawn trendline...
Cardinal Health as a medical supply company does not pay attention
to stock market gyrations and is in a sector that is typically regarded as recession
proof.
The chart one hour shows it cycling from a triple bottom in mid to late MArch into
a good uptrend.
This looks to be a good investment that pays a consistent dividend swing trade
to take until the...
OANDA:XAUUSD
Gold is trading in extreme bullish pattern
Gold is rallied more than 1000 pip's in last 1 week
Big reason is downfall of banking sector collapse of SVB and other banks
people shifting money in precious metal like gold
1865 is touching of upper trendline of rising wedge
Rising wedge is a bearish reversal pattern
Gold will target 1920...
Placed a limit buy order in this stock. Let's see how it works out. The reasons can you see on the charts - if I should explain them leave just a comment here. ;)
Dear Investors and Traders,
Based on my chart, I saw weekly death cross at weekly timeframe. Am I wrong?
Perhaps I wanna wait until 15k or below to entry. I reckon you guys as well.
Critics and comments are super appreciated !
Good luck!
PS: Don’t trade blindly. Please do research at the1st place
$AMPG is a microcap ($24mil) company that reportedly designs, manufactures, and sells components important to the aerospace (sat com), telecom (real 5g), and quantum/AI space. This weekly chart demonstrates price bullishness (double bottom), but limited buy volume. The chart shows how weekly moving averages can suppress or support price action. Price recently has...
My forecasts of seeing more of TESLA’s stock price plummet 📉 have been correct! Since the start of the week, we have seen sharp drops in TESLA’s price.
Elon Musk promised not to sell more of his shares, but his word shouldn’t be trusted because he once said such and still sold some of his TESLA shares. All stock indices had a bearish Thursday. TESLA closed at...
