Stock successfully breakout of inverted head & shoulder pattern 1D chart .We can go for long for the target of 1504 with a stop loss of 1052. This is for education purpose only.Before trade please consult your financial adviser.
Even after negative news chart is showing reversal patterns such as Piercing line, Doji, Morning star at lower levels suggesting trend reversal. Will the news affect the reversal? The stock that must be keep under radar.
inverted Head & Shoulder daily chart
In continuation of below ---- Cross above 570/575 may lead to Inv H&S breakout... Lets see whats in store
On the 4 hr time frame, looks like the stock is ready to break out and move higher. Target of 2820 and SLTP of 2520. Disclaimer: I am learning TA and this is my first shot at publishing something. Please do not take this seriously and do your own research. Any constructive feedback on the chart is always welcome.
pls see the chart , as mention chart
Breakout? Wait for the confirmation.. You may want to wait for confirmation, like a flag to UP side. This chart has a potential to come back to retest low one more time.
SWING TRADING OR BREAK OUT??
The rectangle strategy it’s both a continuation trade signal as well as a reversal trade signal. However, they are more powerful if used as a continuation pattern because you have the force of the trend working for you Keep in mind that this trading system doesn’t have a bullish or a bearish bias as they are neutral patterns when they develop. You’re not going to...
Weekly chart shows profit booking, let's see what happens next. More profit booking for buying
Weekly signals are to be taken seriously. Negative Divergence pulled the price of this untainted (?) bank by about 200 points. At present on daily chart there is development of Positive Divergence, so downslide may be halted. I repeated, weekly signals are much reliable.
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