The stock is in a dominant trend up. Recently a lower high and lower low price pattern has been noticed on the daily charts. The RSI also seems to have shifted the range from bullish 80-40 zones to neutral 60-40 zones in the past few weeks. Important support levels are marked on the charts. Breaking them may result into corrections. The degree of the corrections...
The stock is trading at a very crucial juncture. The RSI is indicating a sideways trend, important support pivot level is 8.75, below this point the stock may falter and selling may set in as the stock may start to move down in A-B-C pattern. On the flip side a good close above 9.30 may change the course of the trend GE may start trending up. For greater insight...
Yellow box: M formation is done. The last candle is a spinning top which indicates indecision in this counter. A break below 340 pinpoint may show us 330 levels. Another support is there at 324 where consolidation can be seen. If any bad news in BA other downside levels will open. This is my cautious view for the coming week.
Quote: #IPA/#IPATF Buy Target:$0.80/$0.60 (don’t bet the house here looking for a quick scalp) Sell Target: $1.00 Description: ImmunoPrecise Antibodies Ltd. engages in antibody production and related services in the United States, Canada, and Europe. It also provides human antibody development, hybridoma development, genetic immunization, rabbit monoclonal...
Company: Imax Quote: #IMAX Buy Target: TBD pending on price action and tapes into earnings Sell Target: $28-$30 Next Earnings date: April 26th This Is a 20% gainer we missed last Q from being to conservative we will be looking for an entry ether before or after earnings all pending on the tape such a small float it will be a good read reading the tapes into...
Dow Jones- NYSE - United States Bearish Head & Shoulder Pattern on Daily Chart Expecting fall till 25200-25000-24800
main trend->down after feeling the gap stock is continuing it's main trend. short in MMM.
Considering the momentum, I will initiate longs above 2900, with an open target and trailing SL starting the trade with 2820. Will keep updating further actions.
NIFTY HAVE SUPPORT AT CURRENT LEVEL OR 8550-60 IF ABLE TO HOLD CURRENT LEVEL NIFTY AGAIN START UPSIDE BUT IF NOT ABLE TO HOLD THIS LEVEL THEN NIFTY WILL DONE 8450-400 SOON..