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...
NVDA - Rst 284 Supp 230 Rounding bottom in a making towards 284.
Meta - Rst 196.9 Supp 167.6 Meta will retest back 196.9 area here & attempt a breakout.
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
Syngene broke out of rounding bottom formation pattern on 30 min TF with very good volumes. Could be bought with mentioned stoploss & target.
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...
TQQQ - Rst 24 & 39 Supp 16 This code stock will represent long in nas100 chart. It can be traded like a stock to play. This will be the fastest way to gain a 100% ROI as long nas100 continue to shine & rise.
TOST hit bottom 8.5 months ago on 12 May 2022 and began a 2 stage basing, lasting 3 and 5+ months respectively (pink and blue box shown on chart). During its basing, there were high volume accumulations on numerous occasions. Stage 2 basing occurred over 5.5 months with the stock whip-sawing around its 200 day moving average until the MA is no longer downward...
W had begun to form a saucer base pattern since Sep2022 (4 months basing), eventually cumulating to a break above it's neckline last Friday ( 20 Jan23) on very large volume. The following Monday on 23 Jan23, W announced it will cut 10% of its workforce and the market reacted by gapping the stock straight above it's 200 day moving average on yet another high...
Watch the video to see why 2023 will be a recovering tech stock for bursa Malaysia. How to view the guidance via chart ( Refer back to pin message guidance if to trade ) Red Line = Support Blue Line = Resistance Light Blue = bullish/bearish pattern Arrow = Double/Trip top/bottom Red Chip = $$ Green Chip = XX
SHOP had been building a rounding base for the past 9 months with 2 (failed) attempts to break it's neckline @ 45.30. The stock finally had a Golden Cross a few days ago on 18 Jan, further solidifying that it is bottoming out. Even after golden cross has occurred, some stocks can continue to remain volatile within a range for another 2 or even 3 months. Hence a...
NSE:ICICIPRULI #ICICIPRULI shared yesterday as a rounding bottom, after a good fight @ resistance, bully won and price closed above the resistance level. Sustaining price above the resistance level may give good momentum in stock. Don't forget to keep in your watchlist 👍
Hindalco made rounding bottom formation pattern on 30 min TF with good volumes & trading above neckline. Could be bought with mentioned stoploss & target.
Frontkn - Rst 3.3 & 3.47 Supp 2.95 Is just a matter of time to have this big rounding bottom to be complete. Let's see How to view the guidance via chart ( Refer back to pin message guidance if to trade ) Red Line = Support Blue Line = Resistance Light Blue = bullish/bearish pattern Arrow = Double/Trip top/bottom Red Chip = $$ Green Chip = XX