after recent growth in NASDAQ , price hit the fibonacci resistance and failed to break that level , and made engulfing candle and this is a reason why NASDAQ need some Correction , another reason is the pattern was happen before that i showed in (A) rectangle , same happen now in the (B) rectangle .
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Hello every one The Coca-Cola stock is moving in a sideways direction in the short term. It moves between 50 and 43.20 levels. Therefore it is advised to trade between the two levels. Good luck for all .
Take a look at the divergence that happened in February 2020. Well that same divergence has happened once again in a similar scale so we can expect a similar type of sell off. Not to mention how overbought the Nasdaq is doing, many will take this as a sign to take their profits.
The China 50 took off like a rocket, leaving behind the DJI and other country indices. This is the CN50's biggest rally in a year. State media agencies talked up the index promising a post-coronavirus boom. Then the China Securities Journal made similar promises. This caused an almost 6% charge north in one day! However, there did not appear to be significant...
S&P500 made a (near) Double Top on the 4H chart marginally breaking the 3,240 Resistance but failing back below it quickly and is now consolidating (RSI = 58.904, MACD = 10.230, ADX = 31.641). We may have an Ascending Triangle in the making, which even though a break above 3,242 is possible (look at MACD), there are more bias to the downside, namely the 4H MA50...
MAHANAGAR GAS 10 July 2020 SHORT-SELL MGL @ 988 We have given this order based on the derivatives and our self owner equations - yes we have made huge numbers today. Cheers Guys! You did well ! Great order @ perfect price and perfect entrance Mahanagar gas levels are clearly explained in the picture. Our analysis is based on 1 Hr charts and we believe 1 hour...
Sunpharma 10 July 2020 Sunpharma buy @ 490 We have given this signal with the trend on daily charts comparing the 1he candle chart trends since 1 month. Clearly a winner deal. Book profits at good levels clients. Sunpharma levels are clearly explained in the picture. Our analysis is based on 1 Hr charts and we believe 1 hour charts are a perfect tool for the...
Banknifty 08 July 2020 BANKNIFTY CAN be BOUGHT NOW at 22835 TG 22950 Based on our Analytics and derivatives Banknifty levels are clearly explained in the picture. Our analysis is based on 1 Hr charts and we believe 1 hour charts are a perfect tool for the daily trends and intraday analysis. Our support and resistancelevels are unlike others , we opt for hourly...
Amazon (AMZN) 30 minutes chart below shows that the stock has ended the cycle from June 29 low. The rally in wave 1 unfolded as a 5 waves Impulse Elliott Wave structure. Up from 2630.28 low, wave ((i)) ended at 2696.80 high. Wave ((ii)) dip ended at 2665.47 low. The pair then extended higher in wave ((iii)), which ended at 2955.56 high. The internal subwave of...
Hey there, please like the post and follow me for more trading ideas. Bitcoin has some clear structures forming on multiple timeframes. We have a descending channel, indicating further upside once broken, the declining trendline connecting the monthly highs, ranging back to 20k. A possible falling wedge on the daily. A 3-DAY 9 buy on the...
in January , waterfall happened in facebook stock because of the pandemic , and price reached to the bottom of the long term channel ( yellow trend lines ) meanwhile the stimulus packages help market to recover the loss , a few days after the beginning of up trend , Hopes for reopening also began and help the bulls , until price reached to top of the channel...
EURO STOXX: we waiting for a downward move, causing havoc (year: 2020 - 2022) before buying, in anticipation of a multi decade bull market.
Here's the game plan Fam. If that bottom TL fails then all bets off otherwise if the bottom TL holds I will take a long scalp.
Probability of price breaking away from the purple range (highlighted on the chart) by 600-980 pips is >85% Note: Grey lines are anticipated pivots to instate the big move
Facebook (ticker: FB) shows a higher high sequence from June 15 low, favoring further upside. The 30 minutes chart update below shows that the stock ended wave 3 at 241.75 high. Afterwards, the stock did a pullback in wave 4. Wave ((a)) ended at 223.55 low and wave ((b)) bounce ended at 231.66 high. Facebook then extended lower in wave ((c)), which ended at...
MartyBoots here . I have been trading the markets for 13 years and want to share my ideas with you Do NOT MISS THIS
From my analysis I see growth prospects up to area 1.68 before the end of the month. The rise in oil prices, economic activity and the climate of positivity that is developing may bode well for this trust. I have it in my portfolio as monthly cash flow