BUY signal at 75.27 $ Skyworks Solutions Inc. designs, develops, manufactures and markets semiconductor products, including intellectual property. The Company's analog semiconductors are connecting people, places, and things, spanning a number of new and unimagined applications within the automotive, broadband, cellular infrastructure, connected home,...
POSITIVE **** TREND : DOWN PRICE ACTION : LONG ENTRY : after price breaks above BLACK trend line ( tp : below supply zone) NEGATIVE CASE : PRICE WILL TAKE SUPPORT 2 AFTER BREAKING FIRST DEMAND ZONE
TP1 : 225.60 TP2 : 275.10 TP3: 321.05 SL : BELOW 144.50 AVERAGING : 123.90 FOR LONG TERM HOLDING (5 YEARS ) TP1 : 371.35 TP2: 590.90 TP3: 752.00 SL : 112.00
Ihave mentioned things. Either breakout and boom or a downside? or a fake breakout which i hope doesnt take place.
This script looksinteresting at this point of time. a lot ofthings can take place at these levels.
On higher time frames, you can observe the negative divergence which is a very strong reversal signals that too on higher time frames. Now anticipating some setup outhere.
Please observe the priceaction at such crucial levels. do not jump in directly, must anticipate appropriate reversal signals to go in.
A new trend has emerged with a breakout and retest from the previous downtrend line signalling a new change in trend for the short term. Expect the price to continue with its Higher High- Higher Low trend support!
Nifty has finally touched it fav spot it desired. Crazy!
A dragon fly on weekly timeframe clearly indicates downfall? Dragonfly observed on daily BajajAuto.
Well, i personally trust and trade divergences just too much. In forex, i see opportunities 60% based on divergences. Divergences accuracy is directly proportional to the time frame. Daily chart has been uplaoded, and this one goes on weekly.