Daily chart, the stock may form a flag chart pattern, then the target will be 95.5, passing through the resistance level of 86.4 (historical highest high) Technical indicators RSI and MACD show that it is time for some correction. Then, the stock continues the uptrend. Support line (dashed red) should be considered as stop loss level.
Saudi Automotive Services CO. 4050 Trend Elliott Wave Chart has language
This chart is showing extreme strength and finally it has given an up flag breakout after couple of weeks consolidation. Auto industry world wide has showing a great buying and this stock is non different. Immediate resistance is around 73. However, after seeing the chart structure, it will be taken out soon . The Risk Reward ratio (RR) is extremally favorable and...
ALsalam 3alikom, I hope you are fine! Study the 4050 graph, which depicts daily for an Electronic . When initially looking at the chart, you should be able to immediately identify broad details, minor details and minute details. The minor details in this chart are also quite easy to identify, which is lines respect 0.5 OTE Fibonacci. The minute details are...
EVERY CANDLE HAS LIQUIDITY. PRICE ALWAYS NEED LIQUIDITY. Nobody Knows Where is Price Going. Hey traders, here is the analysi. If you guys like my analysis please hit like?? and follow. Thanks. DISCLAIMER- This is not financial advice. SMART MONEY CONCEPT. identify Liquidity Or Become Liquidity
After a bearish trend, inverted hammer is formed and after that a bullish trend is formed by making Higher high (HH) and Higher Low (HL). Entry: 31.65 TP1: 32.5 TP2: 33.5 SL: 30.75
Daily Candle Above 50MA Crossed Trend Line With Volume