Company: Hyundai Mobis
Ticker: 012330
Exchange: Korea Exchange (KRX)
Index: KOSPI 100
Region: South Korea
Introduction:
Greetings to all. In today's technical analysis, we're focusing on Hyundai Mobis, a constituent of the KOSPI 100. The company's weekly chart reveals a compelling potential long position setup, featuring a clear rounding bottom pattern.
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As we can see after a 4-month breakout with a bullish candlestick pattern
RSI 64.26 towards an upward direction
HV 26
let's retrace as per shown on the chart whereas, on 15 min chart, you'll see a shooting star and an evening star which indicates slide retracement
so plan accordingly.
enty and exit levels
2080
sl 2020 to 2000 (2.80%)
taget 2230 (8%)
RR...
Classic Cup and Handle Pattern.
Virtuoso Optoelectro is involved in the business activities of Manufacture of domestic appliances. Company’s Total Operating Revenue is Rs. 200.17 Cr. and Equity Capital is Rs. 14.98 Cr. for the Year ended 31/03/2022.
Incorporated in 2015, Virtuoso Optoelectronics Limited manufactures consumer durable goods, assembles a wide array...
CMP 79.20
FII / FPI or Institutions increasing their shareholding
Near 52 Week High
Strong Momentum: Price above short, medium and long term moving averages
Increasing profits every quarter for the past 2 quarters
*Not recommendation. Do your due diligence
👉All updates/posts are only for education and learning purpose and are personal views
👉...
RRGB has the hallmarks of a stock that could potentially be a great winner. It broke out of it's base formation on 1st March on earnings beat with a strong breakaway gap (Breakaway gaps signify the beginning of a new trend and does not get filled in the near term).
It then proceeded higher over the next few days before pulling back to the breakup level @ 10.60...
DOT has formed Rounding Bottom on the 1h time frame, it was trying to break upon resistance and succeeded in a series of false breakouts, then, it dropped hard.
What is expected now is that it is going to drop a little bit more before accomplishing new highs.
NOTE: Always DYOR, be cautious to place a stop loss and trade your own personality.
As we see, a rounding bottom is been seen in GPPL on the weekly chart. We need a close above 117 for confirmation and the first target for a swing trade can be 130 and 145 with a SL of 98 on Closing Basis.
Note:: Please trade at your own risk.
Market is highly volatile. I would recommend to trade with lesser capital
CRM had been basing for about 10 month now (since last May), the first sign that the worst could be over was when it broke above the 200 day movving average on 27 Jan, then a retest of this MA a month later on 27 Feb which validated the 200 day MA as the new "support".
Several days later on 2nd Mar, it gapped up strongly on earnings beat, stopping right at a...
CMP 99.35
Increasing profits every quarter for the past 2 quarters
Company with decreasing Promoter pledge
FII / FPI or Institutions increasing their shareholding
Near 52 Week High
Strong Momentum: Price above short, medium and long term moving averages
RSI indicating price strength
*Not recommendation. Do your due diligence
NCC Limited is an...
CMP 78.05
New 52 Week High
Growth in Net Profit with increasing Profit Margin (QoQ)
Company with Low Debt
Company reducing Debt
Company with Zero Promoter Pledge
Stock gained more than 20% in one month
Strong Momentum: Price above short, medium and long term moving averages
Negative to Positive growth in Sales and Profit with Strong Price momentum
RSI...
Hi people Welcome to Team Decrypters
SIMPLE DXY Analysis
Rounding bottom Break out can Throw DXY to 108 LEVEL ( BUT EXPECT RETRACE FIRST )
Also to SMC concepts it should go there and even target 111 Area as well (But thats for later )
CMP 80.05 | Strong Momentum | Increasing profits every quarter for the past 2 quarters | FII / FPI or Institutions increasing their shareholding | New 52 week high
*Not recommendation
Multi-product company manufacturing CR tubes, cold rolled formed sections, electrostatic precipitators, pre-engineered building systems, sheet metal components, and road safety systems
Rounding Bottom:- If you are lover of the rounding bottom, Marksans pharma is example of the rounding bottom pattern this share weekly chart Rarely weekly chart formation, If you are interested add this share in your watchlist
SNAP plunged 10.3% on 1st Feb after announcing yet another quarter of dismal results. However, what happened after that is interesting.
The stock began to recover steadily in the last 3 days on good volume, a stark contrast to the correction the general market was experiencing. This exhibits "hidden" strength / support for the stock.
There is a good chance it is...
