ESTC making a nice run at the downward resistance on the daily. Printed a beautiful PEG after earnings in early December. Nice looking hammer candle during a weak tape suggests this should be a leader when markets bounce.
Hi Guys! This is a Technical Analysis Update on Sprott Uranium Miners ETF (URNM) on the 1 Week Timeframe. URNM was able to BREAK Above the 2 year Resistance line and close Friday with a Strong body candle close. It was accompanied with a VOLUME SPIKE, which shows follow through and supports price action. This is the 1st step in attempting a Trend Change. 2nd...
Created a long path of consolidation and tried two times but failed, though with healthy short term gain. Weakly and monthly time frame speaks clear story. Fundamentally Ambani's company it is. Isn't it enough :) Well this should be for patient investor only who can hold it for at least one and half year. Disclaimer: My ideas are not for recommendation...
NSE:BLISSGVS has broken the resistance line of the consolidation phase. The target and the stop loss of the same are given. We can expect the retest till the resistance line.
GBPAUD is currently trading at 1.8863. If it is rejected from the resistance area, which is at 1.8902, it will then move down to the support level at 1.8744. However, if it successfully breaks above the resistance area, you can consider buying on its retest, aiming for the next resistance at 1.9165 for GBPAUD. Disclaimer: The information provided is for general...
Place buy stop on resistance breakout trade of XAUUSD.
No scheduled important figures today and the EURUSD is moving rapidly upwards after a short reversal breaking resistance at 1.8495. Next resistance is estimated to be 1.8650. __________________________ Information Regarding Important News and Figures can be found here in our Economic Calendar: mau.bdswiss.com/economic-calenda... Risk Warning: Trading in CFDs...
Ramco Cements at resistance zone can give a breakout & go upto channel topline. A good risk to reward ratio swing trade idea.
KCSUSDT had a false breakout from the triangle exactly on the Weekly support in 6.3$ area. The market grabbed new liquidity for this movement and started with the uptrend printed HH and HL. The market had a clear breakout and retest on the dynamic resistance, a very good opportunity to apply MTB and create the first profit. The price had another breakout from the...
Hello ! GBPUSD Broke The Channel Successfully Now If GPBUSD Retest The Channel At 1.2050 Area Then You Can Take A Long Position For 1.2150 Area . I Hope It Will Work And Give Us Good Pips . Thank You
After a soo long tym a good breakout has-been come in fertilizer and chemical which look like bullish. Buy it above 155 Target 165.30 174.5 180 200 Sl 141
D1 - Price has broken above a strong resistance zone and is holding above it. No opposite signs. H4 - Higher highs. Currently it looks like a correction is happening. Until the two strong support zones hold my short term view remains bullish here.
D1 - Price has broken above a strong resistance zone and is holding above it. No signs of trend change. H1 - Higher highs. Currently it looks like a correction is happening. Until the two key support zones hold my short term view remains bullish here. A valid breakout above the most recent downtrend line would be the validation for this bullish view.
Aarti ind breakout of strong resistance zone of 793-795 with good volumes. Could be bought with mentioned stoploss & targets.
H4 - Price has broken above a strong resistance zone and is currently holding above it. Higher highs. No opposite signs. H1 - Currently it looks like a correction is happening. Bullish hidden divergence. Until the two key support zones hold my short term view remains bullish here.
A very good resistance in breakout in renuka sugar and they also have big support of rsi bcs a good breakout was also done in rsi with heavy buying Buy it at 51.50 Target 55.60 56.65 59.60 63.20 Sl 41
EURJPY has broken both trendlines and settled above the pivot point suggesting bullish continuation towards the resistance at 143.200. Main Scenario: If the price mantains stability above the pivot, we can open buy positions with targets at 141.330 and 143.2. Note: Technical indicators display slight bearish divergence on lower timeframe warranting...
Possible resistance breakout and trend reversal! Looks like construction material stocks are booming and it is time for Birlacorp now! Staytuned!