I can see a slow moving down , expecting a move up soon this is a weekly chart , so any trade executed shall be longer term no trade calls in here, i'm posting my personal view for educational and recording purpose
Good opportunity for aggressive buyers the reason is price have come back again at 200 ema to retest the zone. It has a good chance to bounce off from here or retest the last bottom area. I will wait and watch to take this trade. UPP is one of my fav stock and sure i am looking for opportunities in it. Happy trading :) Hit like & Follow
It could not sustain the gains and gave out all the gains before the closing. Interesting part is it have formed a bearish pattern . The previous candle is a bearish hammer today its given solid engulfing candle i think this is a good indication it wants to retest the 200 ema once again before going up. Solid resitance at 0.315, if the engulfing pattern is...
If anyone was following my idea on upp i had mentioned earlier it is surely on a short to mid term uptrend and it was just making new highs without correction. Anyhow 200ema did stop it and finally it did retest 200 ema and today it gave a good closing exactly above it which will act as a dynamic support now as resistance will now be a support. I think the...
It have made a higher high again on daily candle but could not close above .320, i am long on this one at 0.317 my intraday target is 0.330. This stock is in uptrend and can bounce higher. Entry 0.317 Stop loss 0.306 Target 0.330 Happy Trading :)
It has performed well and is in short term bull trend. I can see possibly 2 scenarios from here. 1) It test 200 ema and retraces back at 200 ema level and resume the rally. 2) It Test 200 ema and retraces back to its first near term zone that is 0.250 - 0.255 and resume to rally UPP is at a important test levels which will decide its future moves. I will not...
Finally today it gave a nice and decisive breakout on daily chart with a good volume. It broke the resistance of 0.250 in the last trading hour. It have successfully tested 50,75,100 ema and how it faces a real challenge of passing 200 ema to have a confirmed near mid term uptrend. I am in the trade at 0.249 and holding it till my next target 0.275 as a intraday...
UPP is on a short term uptrend though still below 200 ema, its making higher highs trying to break the 0.250 which is a strong resistance as of now. The price can retrace a bit and break the 0.250 resistance to go higher a good and positive news can help achieve the target. My view on short term basis is bullish. Happy trading! If you like the analysis like it...
Intra Day opportunity for Union Properties, this stalk in on my watchlist and is showing good short term uptrend and i had taken a trade on this last week and was profitable. Now watching it for the next move! If you like my TA hit like