Falling Wedge Breakout. The orange line in this chart seems to be a very significant line providing early directions of rallies. Instead of me explaining, a few minutes of observation could give you a better understanding.
An Inverted Head and Shoulder pattern is in the making. Looking to ride the pattern.
Awaiting a breakout from the Flag Pattern which is most likely with a Bullish Hidden Divergence. On the larger picture is my favourite Inverted Head and Shoulder pattern. RSI at attractive levels.
A Swing trade opportunity is found in SH Kelkar and co. as: 1. Price reversed from lower trend line of parallel channel. 2. Continues hidden bullish divergence is observed between price and RSI. ie, while price making higher lows, RSI makes lower lows. SL: 161 Target: 198+ Happy trading..!!
The stock has given a wonderful BreakOut from expanding channel pattern with a very good volume, It has huge potential to go up. Good stock to hold for a long term. Best of luck traders/investors.
This guy gave a BreakOut after 11.5 years, as we can see in the weekly Time frame it has broken out with a Strong MARUBOZU candle (which indicates a strong bullish candle). We can enter keeping a strict SL below Descending Tl which is 115-113 (risk is as per our appetite). This analysis is just for education purposes. Before entering please ask your financial...
Self Explanatory. Riding the channel. Inverted Head and Shoulder pattern also spotted.
It has formed a nice bottom.MACD indicator also shows bullish crossover signal below zero line and histogram has started to go green.
A possible Buy with a small risk of 2% and a good move awaits ahead :) Trade according to your risk and emotions and plan accordingly. This is just a mere glimpse of what possible move can take place. Happy trading :)
Travelling in a Parallel Channel. Along the way it formed a Cup and Handle pattern and most importantly it broke out with good volumes. Retested back to the line of least resistance and is now all set for anew journey. All this is happening at the bottom of the Parallel Channel is great for the stock to head back to the top of the Channel. Low Risk and High Reward
Simple Price Action With a bullish divergence in both the RSI and MFI, I expect the stock to touch 17 sooner than later.
A Cup and Handle pattern being formed inside the Parallel Channel. The Cup made double bottoms and not its the handle that has repeated that. ***** Help Me to Help Us. Always keep a stop loss to rescue you out of troubles. I believe in keeping the chart simple with minimal drawings & easy to interpret. So kindly express any disagreement & improvements so that...
Anticipating a breakout from a Symmetrical Triangle Pattern while it moves along the Parallel Channel.
Broke the Descending trendline and after a retest is paused for a rally up to 1062 to begin with.
- Weekly Breakout - Looks good for Short| Medium term