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.
We expect a decrease in PALM and there are 3 reasons for this; The first of these is that we believe that Shoulder-Head-Shoulder formation occurs in PALM. The second reason is that the 70.10.10 Stochastic Indicator intersects from above. The last reason is the large Negative Mismatch on RSI. As a result, we expect the prices to decline to 2500 levels in...
CL has been downtrending in OBV, RSI. Today CL broke its 200SMA. Which is a technical tool large institutions use to short positions. On a weekly chart, we are now resting on top the 50SMA. If we can't get a some support there, I expect CL to drop to $64.
Does 200 to 1320 in 11 years which is 60% Anuualized return make it clear that Equities are better than MF's, FD's, EPFO, NPS? Did Colgate , by matter of fact of being an international Player added anything to its growth trajectory? How long do you think this 60% annualized Increase will be changed to ? What is the effect of Colgate on the Patanjali Disruption in...
I'm in NYSE:CL at $62.00. It counts with everything i look for in a swing trade. Positive RSI and MACD about to crossover = Bullish. I plan on taking profits at +- $68. It somewhat a value play, due to that i believe the stock is very cheap right now. Share your opinion, comments and questions. Good Luck! Risk Level: Low - Moderate. I will keep updating...