A Tweezer Top at Lower High on weekly chart.
Stock closing near to Day low & last hourly Selling showing weakness in Stock Sell in Strong trading zone for more profit
"Trading decisions based off news events has it's boundaries. But trading decisions based off of the price in front of you is limitless..."
"There's a secret that real traders know and that wannabe traders don't, and the secret is there is no such thing as overbought & oversold."
Supreme Court bans BS 3 vehicles models for sale and Hero has inventory of 3.5 Lakhs to get rid off. This will prove as Catalyst for EW to finish its pending C wave.
DAILY FINANCIAL WISDOM: Patience is the key to success in trading, not speed...
Buy on dips of 30-40 till 3060 (may not come) for tgt of 4050..
weekly chart looks like Bearish Crab Pattern 1.61 3888 THEN 2793
There is double top formation noted...
HEY THERE IS NICE POTENTIAL H&S PATTERN AND INTERESTING THING IS THAT THERE IS NOT ONE OR TWO BUT THERE IS THREE TRADES SO FIRST WE ARE GOING TO BUY NEAR NECKLINE AND OUR FIRST TARGET IS RIGHT SHOULDER WEN PRICE TOUCH RIGHT SHOULDER WE CUT OUR LONG AND TAKEN THERE SHORT POSITION FOR TARGET OF NECKLINE OF PATTERN. AND 3RD TRADE I WILL SHARE WITH YOU ALL WEN...