US0070261070 trade ideas
ABCAPITAL - breakout from Bull flag + H&S pattern - SwingThe above analysis is done purely on basis of chart patterns and price action.
The analysis is done on Daily TF hence target can be achieved in a couple of days to weeks
Trade logic with, entry range, SL and Target is explained in image itself.
Arrows are marked to show how price behaved on important levels.
Don't chase the price. Always plan your trade & trade your plan
Keep trailing SL accordingly once entered into the trade.
This analysis is purely for education purpose. Kindly do your own study before entering into any trade .
Also check out my other ideas to understand how price action works and how it can be used to make regular profits without any complex strategies.
Feel Free to comment for any queries regarding the above stock or price action analysis in general.
ABCAPITAL - Long Term Bullish and Buy CallBuy when price moves above 82.5, currently at resistance @77 - 79 range. First Target of 105 - 112 and then take your own call and see if you want to hold for further target of 140 or exit before it.
Volume movement is pretty good for last 2 days.
Over the last 5 years, market share increased from 4.84% to 17.29%.
Over the last 5 years, revenue has grown at a yearly rate of 44.46%, vs industry avg of 11.78%
Overall seems to be a promising stock.
As always please do your own analysis before even thinking about investing.
ABCAPITAL DAILY CHART TELLING SOMETHING TO USNSE:ABCAPITAL
ABCaptila on daily chart showing strenght to move up.
Near 68.4 it will face some resistance but it may likely to be taken out.
Sl can be kept near 57
There is nothing much to explain about chart its nice and simple.
This view is only for Swing trade, Positional, Short Term or Long term.
Please do note this is my personal view kindly avoid trading without taking any advise from your financial adviser.