NQ hit a low of 11590 yesterday, a level which has a confluence of a horizontal "resistence turned support" as well as the 62% fib retracement level of the recent AB swing up. Add to this a bullish divergence is forming in the RSI. It could remain choppy around here a while more but the odds that a bounce will materialise soon has increased. Disclaimer: This...
• Reached the target price of the flag formation which was build up in June for the second time. • Index broke through the upward trendline • Looks like that the Index is moving sideways under the top from September 2nd • In the weekly chart the RSI is showing a negative divergence which could be a game changer
Apollo hospital detailed chart for positional shorts
(4hr) strong bullish rsi divergence off demand zone, golden pocket retrace (4hr ext off/1D) - 200MA support
Observations : 1. Expanding channel pattern 2. Current price at support of 379 to 381 level 3. More than 50% retrenchment 4. RSI Divergence Entry 393 Stop loss 378 Exit 425 Risk Reward Ratio: 2.28
Axis in Supply Zone with RSI Divergence. Short below 443.
I'm not an expert by any means, but unless some news comes out supporting the prolonging of "lockdown" or "quarantine" (promoting Working from Home for longer), I see ZM taking a solid dip, if not a dive if a daily candle closes below the 10-SMA. I'm seeing this idea supported in the RSI Bearish Divergence, Descending Triangle forming, and even the MACD indicating...
it might sounds crazy, but if this break through holds. We are in for hundreds of points to come in the next few months. KEEP IN MIND, that Elliott wave, Bollinger B, seasonality and many other analyst say that we r at a TOP or near a TOP ?! time of watching closely anything could happen at any time. Just remember this cycle 2009 to today is longer and it's...
Divergent RSI on latest pushup; gap to fill at 3305, move might terminate in 3450 area of former consolidation. Not trading advice; just an idea, trade at your own risk; GLTA!
Dow jones bullish AB = CD pattern formation ,, also trend study and RSI divergence,, indicated good bullish move can be seen
Bajaj finance spot cmp 3090 Bullish AB= CD pattern formation PRZ at 3080-3070 pattern violation below 3050 once sustain below this levels for 15 mins
RSI divergence, break of 50 EMA (red), sell on Fibonacci level at 0.5 and 0.382, also at support turn resistance level.
RSI Divergence on Daily Chart Window / Gap from Rs.2784 to Rs.3063 Considering Stock has closed around Rs.3050 for 2 consecutive day, any fall from hereon would cause the stock the to fall to Rs.2784 levels. Suggestion: Sell a Call at CMP 3050 / 3000 with a SL Rs.3120.
Bharti Airtel seems to trading in the range of Rs.240 to Rs.450 on Monthly Charts. There is also a RSI divergence for Feb 2020 & Jul 2020, thus the big fall from high of Rs.596. It’s monthly 20 SMA is placed around Rs.429. If it breaks 429 it might take support @ Rs.400 or Rs.370 or Rs.350.
MacD Crossing today Stock RSI 54 RSI 43.54 Share holder conference call scheduled for Sept 29th Revenue is increasing Applied for Uplisting to OTCQB Sales force has expanded into the UK markets, as well as across the USA Share profits currently up 620% YTD Amazing company for both mid term and long term holds