After a long sideways move the stock is now attempting go on upward trajectory. Creasing relative strength and Money flow is supporting the up move. Momentum and Buying Pressure are also increasing. Recent increase in delivery volumes indicate good amount of accumulation. Today's ultra high volume is reason for caution. Once we have a positive close above 343 we...
The stock is attempting to cross the previous Rejection zone with Buying Climax like Bar. Relative strength, Money flow is positive and increasing. Delivery Volumes in the last two sessions has ben high. If we have a good quality close above 1108 the stock will move much higher. Need some caution here because of the Very high Volume “BC” bar. The BC Bar supply...
The stock was pushed to sub 200 DMA level after facing Rejection around 840 levels. Now the stock is recovering making Higher lows and Higher Highs. Absolute and Relative Strengths are positive. Money is also flowing into the stock. Delivery volumes have increased. The stock likely to test the 840 levels. A quick short term 20% move possible
The stock has now successfully taken out the Rejection Zone with consecutive Bullish Effort to Move up Bars. Quality Buying seen with increased Delivery volumes. RS and Money Flow has be strong for some time. The stock likely to move higher now . A test of the Rejection Zone is also possible before the up move.
#CNXPHARMA The next sector to focus on! The relative Strength chart of #CNXPHARMA/#NIFTY50 is currently at channel support. Index is at major support as well KEEP PHARMA STOCKS ON YOUR RADAR
#CNXPHARMA The next sector to focus on! The relative Strength chart of #CNXPHARMA/#NIFTY50 is currently at channel support. Index is at major support as well KEEP PHARMA STOCKS ON YOUR RADAR
Nifty has wolfe wave with divergence , in RTM terms it call as fake out, stacked RS breakout and compresssion with dtive/wolfe wave clearly shows that its a fake out. alreadt did the swap of base so its just a trap.
Copa Holdings is in the Airline and Air Transport business mainly in emerging market areas. I’ve marked up this weekly chart and missed it as a trade in November 2022. It’s now looking like it may be ready to breakout of a 2-year base / area of resistance. See notes on chart for more details. I’ll be ready this time as I set an alarm on the 2-year base area (it...
What is not to like about this chart. 30.08 ROE, low debt ratios, good margins and cash flow. Solid trend on weekly, looking for starter entry around the dashed red line or the top of the cloud (198.69).
titan has been consolidating when nifty is falling and retesed 28% of 1st fib level & 38% of 2nd fiblevel....
Here is an interesting chart... Take a look at the RS Index of the S&P500 index and the Commoditie index.
RS | Thailand SET Index | Media | Commerce Sector | Price Action Trading Chart Pattern: Falling Wedge Bullish Reversal Price Action: Entry @ Breakout Pullback Indicator: Volume profile strong support Stop-loss position and possible for uptrend price jump RSI: slight bearish divergent indicating short term price pullback - buy opportunity MACD: bullish golden...
Semiconductor solutions and design company with accelerating EPS and the sales to support growth. Breakout of very long term base going back to 2015 after earnings report in August. Showing very good volume characteristics. Relative strength breaking out to new highs with stock taking out its pivot point. 100bps initial risk, willing to add if it begins to move higher.
What do you think about Price Action? Clean and attractive chart GBP / USD One hour time / trend 15 min / 5 min trigger ❤✔🎶 Thank you. Write your comment or guide. I will read it with pleasure
analysis: -on 1D time frame we show a difference on RSI and MACD and we have a Golden Cross -on 4H time frame we show a bearsh channel I think it could break up that channel For confirmation : Wait for the insurance of technical patterns on small frames , such as Double Bottom, Head and Shoulders, and...
ACST is facing reverse split but they also have merger news. what is going to happen!? so exciting. lets find out!
USDCAD is into bearish movements and now it's retesting the resistance zone that was once acting like a support. Moreover, this one is preparing for its fifth and final wave so a short position might be entered here. Trade Safe If you like the idea, support us with a like and follow. MacroForex