AWHCL, another waste management company to breakout?-One simple horizontal line setup
-Vol kicked in
-Good shakeout (200 ema)
Goodshakeout
Newgen Software Tech, ready to move?Back to back Inverted Head n Shoulder (IHnS) continuous pattern
-Vol kicked in, now drying (good sign: accumulation happening, sellers exhausting)
-Good shakeout and recover very fast
ICIL (Indo Count) near major resistance, breakout?Indo Count:
-One simple horizontal line setup (80 days consolidation after good move)
-Signal Candle (white dot candle when 5%+ move and Vol: 1m+) suggesting institution vol kickin in
-tightness after signal candle
-Good shakeout (when price go below major ema (here 100 ema) and rally up, kicking out weak players), check what it did last it udercuts)
But right now market is little tricky for swing traders as stocks are breaking out but no follow-through coming and lots of squats (wick above major resistance breakout, fake-out in same session) too. So one can wait for confirmation what market wants or if have anticipation then best time to build positions.
$Bitcoin ($BTC) good setup : One Simple Horizontal line-In consolidation for 3 months (Long base means Big Breakout)
-Tested 71800ish resistance level multiple times and this time after testing took support of 10 ema (2 wicks) n signalling reversal.
-Good Shakeout U&R (Undercut and Rally, when price go lower than last lower: kicking out weak players , taking out their stop losses and rally back to upside)
-Signal Candles: Big Green Candles with vol showing buyers in action.
