HCAR (ANALYSIS) FOR SHORT SWING.
🚀 Stock Market Update 📈
HCAR Analysis:
Recent Performance: HCAR has recently hit 256, achieving all targets.
Current Outlook:
RSI: Extremely bullish.
Bollinger Bands: Expanding, signaling a bullish trend continuation.
Trade Recommendation:
Action: Buy HCAR at current rates.
Target: Sell at 272-275.
Stop Loss: Below 252, closing basis only.
Happy trading! 🌟
Trade ideas
📈 HCAR | Might be surprising!The price action has been consistently demonstrating rejection over the course of the past three consecutive days. Anticipation of a pullback is warranted from the support level of 200, which also signifies a crucial test of its ascending trend line. Positioned as a significant barrier, the resistance level rests at 240; a breach of this level may herald further upward momentum, while failure to surpass it may result in continued rejection. A prudent risk management strategy entails implementing a stop loss below 190, triggered by the breach of the trend line and support level.
HCARFollowing a pullback from the support level at 190.30, serving as the neckline in the head and shoulders pattern, the price now faces resistance in the range of 239-241 for the right shoulder. A break above this range could lead to a test of the upper trend line near 280. Conversely, a sustained break below the neckline would confirm the completion of the bearish head and shoulders pattern.












