Price has formed rounding bottom and can give a breakout above 592 and enter into uncharted territory, price has also been taking support of 9 day EMA since November, currently also price has bounced from the same EMA. Pattern Target is 130 points post Breakout VIEWS FOR LEARNING PURPOSE ONLY
Coalindia is very interesting candidate, given breakout on weekly and daily trendline and forming a roundling bottom, need to break neckline for further upmove as its in daily supply zone. As per my experience it will retrace and test back broken trendline and demand zone ... Lets see how it react... Target on chart...
Drreddy retraced at golden ratio and forming round bottom. on verge of breaking neckline, RSI just crossed 60. Showing a powerfull momentum. Targets on chart...
PNB broken round bottom neckline with super huge volume. It might test neckline before giving upmove. Targets on chart...
Hdfclife given breakout on round bottom and retested with huge volume rejection, Journey to all time high started. Targets on chart...
Here I share you this idea It seems extreme, because it is. Enter slowly and wait some weeks, we will have results. All the information is in the chart. Cheers!
After a long time, the worst in banking space as a whole seems to be over. This was apparent with the trending move in Nov in the index and all banks. With amazing results posted by SBIN during the previous quarter seems like this is well headed for stability and solid up move.
about to complete its rounding bottom pattern with high volumes strength in momentum also. TARGET 1: 180 TARGET 2: 200 STOP LOSS : 150 **These are my personal observations. Please trade at your own risk.**
Alright ill keep it short because this is about to exlpode! -Huge rounding bottom = more demand = accumulation - higher highs and higher lows - Massive hidden bullish divergence on the weekly - eth/usd looks amazing too - Back-tested the spring -If we break the neckline shown, there is little resistance on the way up LETS GO ETHERIUM This is not financial...
A nice rounding bottom formation in the stock , in the same direction of the market . After a very nice trade in TCS , I did not wanted to hold for longtime . Got a very nice profit and then got away !!
Long trade can be taken above 380 SEK Stock is above 200 periods movile average Rounding bottom or saucer pattern completion around 380 RSI getting better Good luck!
NASDAQ:BYND been working on a 4 month rounded formation that is bringing the stock back to the $164 level. Volume pattern is showing aggressive accumulation during this period increasing the probably of a breakout soon without this pattern transforming into a cup and handle pattern (pull back before a breakout takes place). A strong daily close above $164...
I have been playing around with rounding bottoms, and have been getting better at finding the actual trend/support. Just another idea to watch play out. Lets see how it goes!
I may have spotted a rounding bottom on the latest trend move for BTC. Gimme that bottom!
$PFSI has just broken from a rounding formation Neckline stands at 56 so it has to hold above that MACD cross up on above 20MA VolAvg day Potential target around 64 Good luck, TA
TLGT on the 15 minute chart in order to watch it move. I see a rounding bottom, but I swear I just see that everywhere nowadays. The fibs, retracement as well as trend-based extension, show a range of PT's above 1.44. Seems a good PT range is 1.54 -1.62 for lower end, and up to 1.70 for higher end. Anything beyond those levels will require quite a bit of...
FLDM hourly chart. Just wanted to publish my chart before it gets cleared, lol. I think I see a rounding bottom on this sucker. Also potential gap above. Blue lines are what I think are res points. I have short term and long term fibs showing, hopefully charted properly. The candlesticks are Heikin Ashi. The candle filler-colors are representative of...
Is this a rounding bottom I am seeing? Let's find out!