Hello everyone,
I am sharing my Idea for Reliance Industries. Reliance is about to make " Pennant" Bullish breakout pattern in a day time frame. we Just need confirmation.
What is Pennant Pattern?
Pennant is a short-term continuation pattern. It is created when there is significant price movement in the stock, i.e. strong volume rally on the back of positive...
On Wednesday, April of 25, before the opening of the market, quarterly reports will be published by the world leader in the aerospace industry The Boeing 0.05% Company.
Some general information:
The Boeing Company is the world leader in the aerospace industry. The main operating segments of the company include: commercial aircraft construction (production of...
Market Analysis: The pair is now trading near the demand zone. Now it has formed a double bottom near the zone level. If the market is able to break the resistance and closes above 295. We can go for a long with a target of 315. So let's wait and see what the market does in the coming days. Cheers!
44p loss in 3 days or >10%
A strong rejection of its 200EMA
That's bearish as Brexit and economic chickens come home to roost. GATC has failed to move higher and looks bearish.
With the news of DEX a lot of traders have been waiting for BTS to jump. The opportunity might not come sooner as the 4 hour chart shows not only ascending triangle support and low RSI but also Ichimoku is showing a TK cross along with a cloud breakout. Possible big move up?
NIBT has been ranging since June 2014, and today it has broken out from the 60p resistance, which was tested 4 times during that period. So a very bullish day today and prospects for more gains are high.
