Big rally is on the way in this stock . Buy at every high target is bigger to than before
Looks like a great point to buy IT Stocks. NASDAQ has almost retracted to 50% of its Fibonacci retracement If we see this could be the end of the second wave(downtrend) and there would be a more dominating third wave(uptrend)
market behaviour from september to december . last 3 year has been bullish
Simple positive reverse divergence. While the world is thinking of crash, I am of the opinion that DJI will not only move up, but it’s also up to make a new high. White line is the Target. This is just a chart pattern discussion. Please trade your hard-earned money on advice of a registered stock market expert. I am a newbie trader :)
Megaphone Detected In Dowjones Closing Price - 33290 Buying Zone - 33290-32900 SL - 31999 (WCB) Target - 37000
you can see here it is moving in 5th wave so now we can say that it may reverse from between those green lines which are 38% and 50%
As seen in Chart DJI has given huge Gap Down in today’s session and it can head towards its weekly support of 33153. If Today’s Gap Down is not filled then we may break 33153 level and head towards 31496 or 30996. If these bearish views are successful then be careful in your long positions since it has been observed that US markets impact other markets globally...
Dow jones : it forms double top pattern, Deep correction may come soon. lower levels 32525 and 31750
Wedge pattern breakdown possible. Closing below 34150 can drag DJI to a lower level up to 30600.
Buy Dowjones At Cmp 33972 SL - 33499 Target - 1:1, 1:2, 1:3
Buy Dowjones At Cmp 33950 SL - 33649 Target - 1:1, 1:2, 1:3
Sell In May And Go Away ?? DJI Dow Jones. See Chart
DJCFD:DJI as per my analysis i can see much higher level now on this counter. please trade accordingly if you are trading on this.
Everytime when a stock or index makes new high it won't sustain and to gain excess momentum it would come down. Backtested this very well but i don't recommend jus to follow this anyway if you want to be in game for long term use MULTIPLE CONVICTIONS.
Moving Higher High. above 34260 will be a wedge breakout. Expect a bullish movement above breakout.
SHORT US30USD 1ST TARGET 33660 2nd Target 33570 3rd Target 33380