Titan
the ultimate investmentYou've heard about GameStop ($gme), now take a look at $tup.
Tupperware Brands Corporation, trading at 6.51$ a share on the Friday close, with an history of down-gaps after earnings plays.
Down over 93.11% from the highs, $tup has definitely taken a beating from its peak Christmas '13, but I'm betting on a big reversal here.
Daily chart shows two gaps on chart, 15.54 and 17.82, first targets for this position.
Three solid points on a down diagonal trend for support and over-all oversoldness, I will become a titan of Tupperware industry.
Top target at 83.85$.
Stop at 5.61.
NSE:TITAN On Weekly Chart Will Show 1455++NSE:TITAN
Titan Weekly Trend 25/12/2019
Well,
TITAN on weekly chart after making a high of 1389.95 retrace back to 1123.20 and close right above the Golden Fib Retracement Level of 0.786. Now stock is making upside moves from 1123.20 and as per Fib Extension and Elliot Wave theory I am expecting stock will show 1450 plus in upcoming weeks or months.
But there are two things to consider before stock makes any new lifetime high.
The first thing which comes in my mind is Volume in current uptrend there is no solid volume which we can consider for clear uptrend move.
The second thing which comes in my mind is there is big Supply Zone of 1320-1390 which need to be break out befor making any new lifetime high which does not seems to be easy task until and unless we see strong buyers who are not visible right now.
If we go with Fib Extention and Elliot Wave Theory we can see 1455++ in coming weeks
TITAN DOUBLE TOP IN DAILY TIME FRAMETITAN DOULE TOP IN DAILY TIME FRAME..
TARGET FOR THIS MONTH IS 1162..
NECKLINE LONG TERM TARGET 997 BUT IT TAKES MORE MONTH TO ACHIEVE
MY RECOMMENDATION IS DO THIS TRADE IN OPTION..DON'T TRADE IN FUTURE DERIVATIVE DUE TO MORE RISK..
PREFER OCT 31 1200 PE
CLOSE THIS TRADE IF IT CLOSE ABOVE 1350 ONLY
THANK YOU!!!






















