looking round bottom we missed bottom but we have top
Identifying the reversal and its timing is quite difficult and risky but sometimes its worth to take small risk. The stock is clearly in downtrend but it is forming Broadening Bottom reversal pattern and RSI is showing divergence. One can buy the stock by providing the SL of low of yesterday. If it works it could reward well. Being a volatile stock one can also...
The stock is forming Broadening Bottom pattern nicely so one can take advantage of it. It is showing strength at the third touch so can buy the stock now with small stop loss.
Buy Above 385 If Market Day Closing Above 385 Target 420 Stoploss 362
Revert From Its TOP Bottom
we can observe there is combination of inverse head & shoulder with cup pattern or rounded bottom
All cargo formed a round bottom with depth of 45 pts from neckline to the bottom in 7 months with the formation being complete at 200.45 . A tgt of 245 can be seen in mid term with entry points being above 200 on closing basis and stoploss below the low of the breakout candle
it has formed a triple bottom at 169 with the top at 179 so the target can be put for 195-200 with stop-loss around 175
Rounded Bottom pattern formation on EURUSD and it will break on upside. Trade: Buy above - 1.15315 Target 1 - 1.19027 Target 2 - 1.22900 Stop Loss - 1.09915
Long term downtrend broken in Weekly charts Rounding bottom complete. Stock seeing strong volumes these days Buy above 38 and Trail SL
From last 6 months trading within the channel and looks today reached bottom of the channel. Further will be heading towards the previous high of 282. One can wait for the momentum to reverse with a stop loss at channel bottom.