Elliotte wave count - Bullish wave count ABCDE pattern formed as mentioned in the chart - RSI indicating over sold - Breakout from downtrend channel - Target: 98 - SL: 50
As we can see negative news going on about Tesla, but, if you see daily chàrt of tesla, there is strong suport at 180 level keeping in view of volume, so, one can tàke risk with isaq, for upcoming days for 50 pts move with stop loss of 175. MACD crossover happened and RSI bounce back.
Price reached the upper trendline of the descending channel. But I do realise the possibility for a higher timeframe trend reversal and the price to breakout from the descending channel and rally upwards. There is a potential for a move of about 49% if the next key inflection level is targeted. But considering the overall valuation of the US market, I do...
On Our Harmonic pattern indicator based trade setup take trade as explained below :- Early trades Buy or sell below/ above 23.6 %, safe trades buy or sell above / below 41% , after taking trade next upside or downside levels will be target , When reverse buy or sell signal appear then book profit on Target or trail SL to 23.6 % If trailing SL hit then early...
Cup and Handle formed for NFLX. It will be go up (bullish)
This is my analysis for SPY for this week. Make sure to DM me for any questions or doubts. NOTE:DO NOT SHORT THE MARKET
Expecting a sell-off to hit the US market in the near term. So decided to book profit as soon as the price reached a key inflection level. Will consider a re-entry if price falls back to the low of the ascending channel, after evaluating the overall macro and micro economics at that moment. Previous posts regarding the same scrip are attached underneath. Do...
Natural gas has corrected enough and in range bound beriod from last 3 days. now it seems, have made bottom and bounce from this level possible. We can observe volume and price pattern forming bottom and accuation has started. currently both russian and americal russian pattern seems bullish. Take long position @ 2.158 (SL 2.092 TG 2.337) .1:3 risk and reward...
Buy below .6698 Target 1 = .7167 Target 2 = .7604(only with trailing stop loss) Stop loss = .6235 And like I always say do not believe in what I say or post, sometimes I don’t believe myself. It’s not a suggestion/recommendation/advice to buy/sell Just paper trade. GG.
looks Apple forming the inverted cup & handle and looks might go be down after ER annouce.
Price has reached a key inflection point from a pattern perspective and there is high probability for a reversal move to the low of the converging channel. Moreover, the US market is quite over valued as of now from a technical as well as from a fundamental point of view. So I do expect a sell-off to hit the market anytime in the near future. So, decided to book...
For educational purpose A head and shoulders pattern has four components: 1. After long bullish trends, the price rises to a peak and subsequently declines to form a trough. 2. The price rises again to form a second high substantially above the initial peak and declines again. 3. The price rises a third time, but only to the first peak level, before declining...
On Our Harmonic pattern indicator based trade setup take trade as explained below :- Early trades Buy or sell below/ above 23.6 %, safe trades buy or sell above / below 41% , after taking trade next upside or downside levels will be target , When reverse buy or sell signal appear then book profit on Target or trail SL to 23.6 % If trailing SL hit then early...
Note - One of the best forms of Price Action is to not try to predict at all. Instead of that, ACT on the price. So, this chart tells at "where" to act in "what direction. Unless it triggers, like, let's say the candle doesn't break the level which says "Buy if it breaks", You should not buy at all. ======= I use shorthands for my trades. "Positional" - means You...
NASDAQ 5% upside in next 2 weeks Possible. This should help Indian IT Index to outperform NIFTY. Expect IT Index to zoom by 5% in next 9-10 days. Happy Investing.
I am looking NFLX to short. Current trading below 20 DMA. If it stays below 20 DMA, then can decline. Stop would be today's high.
COMEX:SI1! is used (FUTURES) Head and Shoulders can be clearly seen bit deformed to my liking targets and levels are clearly marked who knows In a debt crisis scenario DXY can xoom and SILVER can fall to much lower levels please do see the other Chart on Silver also on Higher T/f
As per trading set up, clear signals are coming from MACD and RSI, moving averages are in favour of the stock, so uptrend likely to start in the stock, looking goos for next six months.