Buy and Sell zones mentioned in the chart. Disclaimer: The information and analysis provided in this publication are for educational purposes only and should not be construed as financial advice or recommendations to buy, sell, or hold any securities. The author and TradingView are not responsible for any investment decisions made based on the content presented...
Can see clear down trend, Still no reversal sentiment, can see the runs according to the probabilities mentioned here, No Buy or sale recomentation Study Purpose only
Clear Downtrend Need to break 160 range for a Trend reversal Clear Trend line Breakout Key Level 170 to 175
Following up of Chart Once 150.5 broken next major resistance for EXPO will be at 167.75-170 range. looks very bullish currently
another index dragger right here.! counter was beaten down so hard and RSI has come to 21 (oversold ++) levels, while making Bullish divergence below 4hrs time frame. However clean close above 132 tomorrow is a must for counter to go back in the broken trendline to consider it being a Fakeout. Good collection and volumes were noted today at 130 levels. 4hrly...
Despite many negative rumors, expo bounced up from its trendline support. (131.5) today at the bourse. If anyone entered a trade, one can hold on to it with a strict stop loss below 130. It has currently completed 5 waves within the pattern. So likely to see a big move soon. Follow the earlier charts to see the prior movements
Analysis: The stock has formed a falling wedge pattern, which is a bullish chart pattern, and it is also making a bullish divergence on RSI. If it breaks above the wedge pattern and 30-hour moving average, it could signal a reversal in the bearish movement and potentially lead to a bullish movement. Stop-Loss: 141 Disclaimer: This chart and analysis are not...
**THIS IS PURELY FOR TRADERS** Expo small time framers are showing bullish divergence, likely it will show upward momentum, or will take a brief look at lower support before bouncing back. however having a stop below lower trendline is a must. Buyers risk is lowest at 135 levels.
As expected EXPO crashed until golden pocket and held on it.! RSI shows clear bearish trend without any proper sign of reversal. I have made two hypothetical paths which is possible. However Major support can be expected at 130-133 range.
The stock is consolidating within the descending triangle pattern. Further observation is needed until a proper breakout to either side occurs. If taking a trade at these levels to manage risk, the stop-loss can be placed below 169.50 or previous higher low of 170.25. Disclaimer: This chart and analysis are not meant to be, and do not constitute,...
EXPO once a major index moving counter has lost a major support (170) is heading towards its next support levels (yellow fib lines) i have used multiple fib charts to get a more accurate setup. golden pocket can be seen around 149-152 range where more buyers will rally to buy. RSI seemed to have retested and crashed before price action came in.