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Rectangle

V-Guard - Adam & Eve Bottom Out with Breakout and Re-test!V-Guard has bottomed out in a classic Adam & Eve double bottom pattern. At the top of such patterns there is rectangular accumulation that was un-rewarding to those that entered early. However, their patience is now being rewarded having shaken off weak hands during the Adam & Eve formation. Now, a breakout of the Rectangle is seen, which has also been re-tested successfully. Moved successfully into All-Time High Territory, onto the stock itself to discover it's real price - No resistance ahead!
NSE:VGUARDLong
by Wolf-AD7
DOW Futures - Long entry DOW Jone future has been trading in a range for last few weeks - 33300 being the lower of the range and 35100 being the upper of range during this consolidation - 50 DMA has acted as strong support and 20 DMA is acting as a dynamic trendline for DOW Futures Possibilities Strong possibility - during the consolidation of such magnitude it makes sense to test both lower and upper range at least once. it has tested lower range possibility of testing higher range would be very high 34500 is the magnetic price line for this range.. more than 90% of candles has touched this price point during consolidation. Long Entry - whenever DOW futures test 50 DMA SL - close below 50 DMA on a daily basis Target - 35100
ULong
by msk_analysis