as I can see a double top patern and as per my double screen decision also gives me a bearish signal so the targets for the same are
T1- 4.321
T2- 3.775
Hello traders, Microsoft in daily timeframe , this analysis has been prepared in daily timeframe but has been published for a better view in 2 day timeframe.
It is better for Rajab not to talk about the general nature of this wave and to explain only the counted part.
Based on the counting of the first wave 1 and 2, it has ended in a very normal state and now we...
Hello traders, Tesla in daily timeframe , this analysis has been prepared in daily timeframe but has been published for a better view in 2 day timeframe.
We preferred to do the logarithmic wave count.
But because the structure of the previous waves was not known, we removed it from this state.
Based on the count that was done and according to the channeling, we...
Hello traders, Google in daily timeframe , this analysis has been prepared in daily timeframe but has been published for a better view in 2 day timeframe.
In the wave count we had, the first wave 1 and 2 were formed, and now we are inside the wave of the main 3 wave.
From this wave, waves 1 and 2 are formed and wave 3 of wave 3 is being formed.
This wave 3 is...
Underperforming stock considering market fall and participation of the fall.
Relatively Under performer.
testing 78.6% retracement looks to be on charts.
114-100 key support levels to stall the fall.
If recovery happen at the support good.
RSI hitting oversold on weekly chart as shown will be critical along support support 114-110.
If the recovery has to...
Expect retracement to be tested in due course of time.
200 weeks average to be tested.
along when RSI hits the oversold zone for new trend to emerge.
retracement 278 and 243 may try to find support along with 200 weeks average.
Oversold of every time frame like daily, weekly, monthly or quarterly.
always the best entry opportunities whenever is happens for...
200 week average good long term support.
Along with 50%-61.8% of the historical rise.
For traders 38.2% of historical rise critical 100 support.
next support at 83 and 61 as shown in the chart along the horizontal line.
RSI on weekly is falling.
New Trend emerge from Oversold and in co-ordination with support of retracement as shown
200 weeks average violated
Historical retracement of the 5 structure resumes.
Wave a to terminate at 50% or 61.8% of the historical rise
or and sub wave degree Wave iv which is around 61.8%
345 and 264 historical retracement to find support.
Pullback for wave b can resume from retracement and support as shown.
200 day average.
RSI Oversold
Cluster of support of earlier top and bottom- finding support around it.
Breakdown below the horizontal line extend the slide.
Could be finding support at lower level for near term.
200 week average at lower levels. 5 year average. around 50% retracement.
Weekly RSI Oversold
Retracement 50% and 61.8% could be opportunity for passive long term.
200 day average tested
RSI will hit oversold.
Price will hit retracement.
61.8% and 78.6% could be find support for recovery and bounce.
Investors opportunity at lower levels
Stock has touched below 200 Week EMA level -- Company has good number in general and growth ratios and currently available at 50% discount from its ATH.
Disclaimer: View for Educational purpose only , not to be considered as investment/trading advice.
Assuming that TDOC completed cycle I during the February high last year, it is hovering around .786 retracement point. Likewise, drawing a W-X-Y fall, right now we are running the C wave within Y.
