At press time, the NEAR crypto was trading close to $5.62 reporting a positive intraday development of 3.70%. The technical indicators imply a neutral to bullish outlook in the short term. The NEAR crypto is consolidating at the support after slumping near the previous breakout zone. The buyers seem to be returning back and are gathering strength to resume on...
💎 EOS has recently broken out of the descending channels and formed an inverse head and shoulders pattern, which typically indicates a bullish reversal. Additionally, there has been a noticeable change of character (CHoCH) in the price action, suggesting a shift from a bearish to a bullish structure. 💎To confirm the bullish trend, it is essential for the price to...
As we have broken the low of 41306 0n 29 Dec 2023. We have to shift our base to low of 40181 on 11 Dec 2024. The level to watch is 41289 for recovery. Upside level to watch for further momentum is 42398. The low of 41306 is the watched on downside. Else range expansion on downside may continue and then we may again need to shift the base. Squaring the ATH gives an...
Pros: Debt to Equity Ratio: Over the last 5 years, the company has maintained a low debt to equity ratio of 1.73%. This is significantly lower than the industry average of 505.36%, indicating a conservative approach to financing. Current Ratio: The current ratio over the last 5 years stands at 200.77%. This surpasses the industry average of...
Technical Analysis: HEG has been making some exciting moves lately, and it seems like the bulls are firmly in control. Here's a quick breakdown of the recent developments: 1.Breakout Confirmation: HEG has successfully broken out of its previous resistance levels, signaling a potential trend reversal. This breakout suggests a shift in market sentiment towards...
In this analysis, we will examine the technical aspects of CHAMBLFERT's weekly chart. We will look for key patterns and indicators that may suggest potential trading opportunities. 1. Breakout of Weekly Falling Trendline: The most notable feature on the chart is the breakout of a weekly falling trendline. Such breakouts often signify a shift from bearish to...
In this analysis, we will delve into the chart of AMARAJABAT, focusing on the breakout of the falling weekly trendline, the recent retest of the trendline, and key resistance and support levels. By examining these technical factors, we aim to provide insights into the stock's current situation and the potential for an uptrend. Let's proceed with the analysis. ...
October 13, 2020: Identified a B-Wave shift in Auropharma (TradingView Idea Published as mentioned below), predicting a decline from highs of 1065 to lows of 397- was looking for Wave -C Downside. These are complex corrections so I changed them to X-wave (instead of B-Wave) January 30, 2023: Noted that Auropharma was close to completing an Ending...
The stock had been in a noticeable downtrend pattern, characterized by a series of lower highs. However, in a recent development, the price managed to break above the resistance line formed by connecting these lower highs. This break has resulted in a significant shift in the market dynamics. The area where the price successfully breached the resistance line has...
Dear Team, on chart , difference between current candle and last day closing price is not shown on chart. pls show this difference . In chart , Open/high/Low /close (OHLC) in first line in chart is shown. currently you are showing difference between current running candle and last candle . but you are not showing difference between current candle and last day...
In this analysis, we will explore the chart of PASUPTAC, focusing on the breakout of a falling trendline, completion of a retest, gaining momentum, and the breakout of the 100 EMA (Exponential Moving Average). Additionally, we will consider the completion of a divergence on the weekly chart. It's important to note that PASUPTAC is a small-cap stock with a market...
Key Levels: Support:227 Resistance: 280 Writeup: A long-term consolidation breakout in the context of trading and investing typically signifies a significant shift in market sentiment and potential trading opportunities. Here's why it's significant: 1. **Market Direction Change**: Long-term consolidation patterns often indicate that an asset has been trading...
Why NYKAA Looks Good? In the recent price action, we have observed a notable bullish trend as the price has surpassed the level it was trading at 10 bars ago. This upward momentum indicates a positive market sentiment and suggests the potential for further price increases. Furthermore, we have also noticed a significant development in the price crossing...
OANDA:USDJPY OUTLOOK - Bank of Japan’s decision on Friday will steal the limelight. - BoJ is expected to stand pat on monetary policy, but could subtly signal that a change in strategy in looming on the horizon. - This article looks at key USD/JPY levels to watch in the coming days The Bank of Japan will announce its decision in September following the...
Inverted Head and Shoulders Breakout on GTPL Stock Pattern Description: The Inverted Head and Shoulders pattern is a bullish reversal pattern that typically forms after a downtrend. It consists of three lows, with the middle low (the "head") being lower than the two outside lows (the "shoulders"). When the price breaks above the neckline, it signals a...
In this analysis, we will conduct a comprehensive review of TTKPRESTIG's weekly chart. We will explore the potential breakout of a falling trendline, the presence of a rounding bottom pattern, and the adjusted RSI divergence. Additionally, we will consider a trade opportunity based on these technical indicators. Let's proceed with the analysis. Chart Analysis:...
💎"Heads up, Paradisers! RNDR/USDT (Render Token) has taken a bearish detour in its price trajectory following a significant trendline break. This disruption in the trendline suggests a shift in market dynamics and a potential alteration in the prevailing bullish sentiment. 💎The breach of a trendline is often perceived as a pivotal technical signal indicating a...
In this post, we will conduct a comprehensive analysis of Cub's weekly chart, focusing on the formation of the Harmonic Shark pattern based on Fibonacci levels. Additionally, we will explore the presence of trendline support, the demand zone, and the RSI indicator. By examining these technical aspects, we aim to gain insights into the potential direction of the...