Rectangle
NFL - Monthly Chart Relative strength > 75NFL - Monthly Chart Relative strength > 75. Breaking All time High,Coming out of 14 years of Consolidation. Keep an eye
Remember: I am a Price Action Trader and use Price and Volume together with different Timeframes, including RSI, and market conditions. To get best result always wait for confirmation. Focus on Risk Management and Position sizing.
I use Trading view for my Analysis and charts Repositories. I could have Or Couldn’t have positions in Sharing Ideas.
Treat trading like a business and it will pay you like a business…..!!
Hope this post is helpful to community
Thanks
RastogiG
FSL : Consolidation Breakout and ContinuationGood Consolidation on Monthly TF
A good breakout backed by:
1. Volumes
2. Retracement & Continuation
Entry: 140
SL: 116 (Closing basis)
Target: ATH or Round Number 200
Details are mentioned on chart.
DISC: This is not a tip to buy or sell any stock. I am not a sebi registered Analyst so please do your research before making any decisions.
consolidation breakout trading opportunity stock in up-trend
the stock has broken out from consolidation in a weekly timeframe with volume
entry above the line
for-profit trail with daily pivot or 21-day moving average
stop below the line
the stock transition from stage 3 to stage 2 (ref stan Weinstein's secrets for profiting from bull and bear markets)
( not buy-sell recommendations thus is for my own learning purpose only )
NATIONALUM : LONG TERM STRUCTURENSE:NATIONALUM
Happy New Year in advance and farewell to 2023.
Today was the last trading day of the calendar year, and I hope you all have learned a lot and gained valuable knowledge.
We will continue to grow in 2024 and gain deeper insights into the market. Thank you for your trust and support.
Let’s make 2024 a great year together.
One More Pick For 2024 lets analyse it.
#NATIONALUM 3month Chart analysis. 📊
You can see the price is approaching the Major Resistance zone on the 3-month Chart.
With Long-term View I am expecting it to give more than 2x return Soon.
The Price has approached the Horizontal resistance zone with good volume confirmation and momentum building is great.
You can enter in a range of 120-130 (keep room for averaging at lower levels around 100.
Take a confirmation of the weekly candle close above its previous candle for adding more quantity.
Target levels are mentioned on chart. 📊
Keep learning,
Happy trading