Short to Long term Pick.
Stock is at cheaper price at Monthly Demand Zone.
Entry already active. Hovering around the monthly zone. Accumulate in minor quantity in ranges 700 / 660 / 617.
Stop loss will be weekly close below 590.
Good to hold for a target of 819 / 883 / 1000.
Long term tgts of 1105 / 1200 +
We are currently in our buying zone of Cardano, which I discussed in the previous idea. If you haven't viewed it yet, go chack it from the link below.
As discussed in the previous idea, $ADA went bearish after a consolidation of 1 month. Now, it is nearing a very strong demand zone, which can result in a trend reversal. The trend reversal might...
Bitcoin has broken its all time high and now it is taking a pullback, it might bounce back from the 0.382 level on the Fibonacci retracement or it may go till the golden zone (between 0.5 to 0.618 level), after the higher low is formed, it might form a new high near 76k.
SORRY FOR THE MESSY CHART!
I know that the DOGE coin is not good fundamentally, but if we look from TA point of view, this coin is about to give massive returns! The triangle is huge, it might give huge returns. But, on the other hand, never trust meme coins. Invest only that much, which you're ready to lose.
Time frame- 4H
Chart includes the following Indicators
1. My own Custom Indicator - " Raptor Super Indicator "
As per the above indicator composition:
The current price level is already below EMA-13, EMA-21 & EMA-200 => Highly Bearish
The current Parabolic Support and Resistance levels shows downward movement => ...
Used Gann Fan and Fib to check it's uptrend areas and how smooth it will go as per trend.
Perfect time to buy this one in the dip. Further dip will be coming and will end by tomorrow morning.
So yeah buy in parts and average your trade position accordingly to have a smooth profit journey when trend is back on it's course.
Seems like a good opportunity to me in...
Chasing the news is not a good stock-picking strategy for the individual investor. Soon, traders may decide that Tata Motor's price has fallen lower than its fair price... They will buy it, driving the share price up.
This is one reason why so-called conservative stock pickers prefer a buy-and-hold strategy. They can ignore the hour-to-hour noise, confident...