PEL journey from 970 to 1173
posted on 30th may
PEL Idea breakdown - May 30 2020
Time frame : 1 hour
Analysis :
PEL was moving in an upward channel making higher high's and higher low's
starting from the signal generated on 18'th May 2020 at 15:15 on the candle
close of 878 and made a new higher high of 959 on 21'st May 2020 making giving
the user a solid 81 points Auto Signal System generated a strong bullish signal
on 28'th May at 14:15 with the candle closing at the same resistance ,however on
29'th May when the stock opened decisively and managed to play around the 960 levels
signifying the signal generated has got some real metal and
the stock would reach the channel top in no time considering the build up around 960 levels
from 27'th May to 29'th May
Perfectly in sync with the signal generated on 28'th May , when the price breached the candle close
of signal generated the price just exploded and is still hitting the highs without any barriers
The perfectness of the signal is that it hasn't created any signals during the price explosion and is precisely
in sync with the momentum as well
During the entire run from 18'th May to till date the signals generated were have yielded very good benefits, both
at the channel bottoms and channel tops
Note : The signals generated were considered along with the technical analysis being made ( not all covered above )
but have perfectly supplemented the analysis and predicted the move much well in advance
DISCLAIMER:
We do not recommend the use of the indicator alone as a sole means of trading decisions and do not provide any calls as such, be a hero of your trade 😊
PEL Idea breakdown - May 30 2020
Time frame : 1 hour
Analysis :
PEL was moving in an upward channel making higher high's and higher low's
starting from the signal generated on 18'th May 2020 at 15:15 on the candle
close of 878 and made a new higher high of 959 on 21'st May 2020 making giving
the user a solid 81 points Auto Signal System generated a strong bullish signal
on 28'th May at 14:15 with the candle closing at the same resistance ,however on
29'th May when the stock opened decisively and managed to play around the 960 levels
signifying the signal generated has got some real metal and
the stock would reach the channel top in no time considering the build up around 960 levels
from 27'th May to 29'th May
Perfectly in sync with the signal generated on 28'th May , when the price breached the candle close
of signal generated the price just exploded and is still hitting the highs without any barriers
The perfectness of the signal is that it hasn't created any signals during the price explosion and is precisely
in sync with the momentum as well
During the entire run from 18'th May to till date the signals generated were have yielded very good benefits, both
at the channel bottoms and channel tops
Note : The signals generated were considered along with the technical analysis being made ( not all covered above )
but have perfectly supplemented the analysis and predicted the move much well in advance
DISCLAIMER:
We do not recommend the use of the indicator alone as a sole means of trading decisions and do not provide any calls as such, be a hero of your trade 😊
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.