Description
⋅ DELTA CORP -- HOURLY CHART -- INTRADAY SETUP
1. stock seen shift from lower channel to upper channel on hourly chart
2. stock seen close at channel support lower level on hourly chart 200 HMA support bellow the closing candle
3. HAMMER & DOJI candle combination seen indication for trend reversal after correction
4. RSI seen about cross at closing candle
5. intraday buy can initiate between 175 -178 for target 180-182-185 Stop loss bellow previous hammer candle bellow 172
6. intraday support 175-172 Resistance 180-185
**** Gap down open bellow 172 level --opening then no trade cause stock may form bearish pattern then !
** THIS IDEA IS FOR EDUCATIONAL PURPOSE ... trade at own risk !!
HAPPY TRADING !!
Comment
⋅ trading at 176.25 exactly trendline support --make or break level now. 1.25 pm
lets seee 15 min candle formation at this point of time .!
Comment
⋅ doji candle formation at 15 min chart at this level ..next candle is should be green to pullback .!
Comment
⋅ bullish crossover 20,44 HMA at 176.25 . 1.55 pm
Comment
⋅ consolidate at buy zone 175-178 trough the day. so no profit- no loss trade .! at end !