NSE:SYMPHONY is a seasonal stock which means it has its lows in the months of Oct-Dec and highs in the months of march-May. One can buy and hold for 6 months for the given target and with a strict stop loss to be followed.
Reasons: above all moving averages broke the horizontal resistance bullish seasonality
I've placed a limit buy in this market because: the long-term descending trendline was been broken we have a bullish seasonality for Adidas the price has broken above the 30's SMA the price has broken above the prior swing high the price has formed now a sequence of higher highs and higher lows (= bullish trend)
The chart should be self-explaining. If something is unclear feel free to use the comment function here. Good trades, folks!
It's technically a quite bullish chart. The price has established an higher low, has broken above the 30's SMA and has broken the descending trendline, re-tested it and now it seems like we're in the game. ;) Furthermore there is a bullish seasonality playing out ATM. So I put on my horns in this case ...
above all moving averages has just broken through the decending trendline bullish seasonality Expecting the price to rise in the next weeks and months.
The reason for placing this order to buy FRC should be obvious. If you have any questions don't hesitate to use the comment funcation here. Good trades, folks!
Weekly breakout of the decending trendline ahead bullish seasonality supported by the 200's SMA the price has made already the higher low - just needs to get to an higher high
bullish breakout above all monving averages seasonality is bullish
Seasonal trading can make an exceptional difference in your career as a trader no matter the currency, stock, or commodity. Seasonal patterns and price action sets you up for success in advance, once a seasonal pattern has been identified it is also good to look at the fundamentals and the technicals of current climate in which you attend to trade. Building your...
By looking at the week TF chart I analyzed the following things that I want to share: 1. Duration of the first double top was 567 days 2. Duration of descending channel was 238 days 3. Formed a bullish rally (approx 76% up) of 21 months by breaking a major resistance level 4. Duration of the second double top was 574 days 5. Duration of descending channel was 238...
Bullish Indications 1. Three White Soldiers 2. A good/significant support area where the price bounced back 3 times 3. A good resistance level of 0.236 fib level 4. 4 times out of 7 years December remains bullish 5. Bullish Shark Pattern 6. Bullish ABCD Pattern Bearish Indications 1. Lower Highs and Lows
Bearish Indications 1. Trend is Mature Enough 2. Bearish Engulfing 3. Retest Resistance Level 4. Bearish ABCD Pattern 5. Bearish Divergence Bullish Indications 1. Dow Theory Higher Highs and Lows 2. If it breaks the resistance it will continue its rally 3. According to seasonal data silver remains bullish in December
Bullish Indications 1. Higher Highs and Lows 2. Tweezer Bottom and Bullish Engulfing on HL 3. Break 0.5 fib support level 4. Break Upper Resistance Trendline 5. Formation of Bullish Flag 6.12 out of 16 years December remains bullish 7. Trend is not mature enough to make it a reversal Seasonal Data for the Past 15-16 Years Dec-06 => Green Dec-07 => Green Dec-08 =>...
Bearish Indications 1. Lower Highs and Lows 2. Three Black Crows on LH 3. Significance Resistance and support area 4. Head n Shoulder Reversal Pattern 5. 0.6591 and 0.66903 fib levels restest on 1D TF 6. Significance Bearish Divergence Bullish Indications 1. December Remains positive for the last 3 years There are more bearish indications so I will open a short...
While Observing the month of December from 2010 to 2021. It has 40% bearish and 60% bullish It has also formed a triangle pattern it already gives respect to the support trend line two times and multiple times resistance trend line.
2 months of volume dry up during this multi-month wedge basing pattern. Seasonal strength in play. You don't need to know what's going to happen next to make money ~Mark Douglas Lose like a pro and keep trading, or lose like a novice and quit ~Mark Ritchie
Trading Seasonal Market Patterns Hey traders today I wanted to do a recap of all the Seasonal Market Patterns covered in the series. Also putting it all together for yearly trading opportunities. These Seasonal Market Patterns can be very rewarding l to all of us in our trading if we know when to look for them. Enjoy! Trade Well, Clifford