AMBER trade ideas
Amber - Pull backAmber seems to be a stock which pushed out from a good base it recently made on huge volumes! Now it has presented a pull back on nimble volumes, the R:R appears to be lucrative at these levels!
AMBER - 4H TF - Cup & HandleCup & Handle pattern forming on 4H Chart of AMBER ENTERPRISES. BUY 2550, SL 2274.9, Target(s) - 2750, 2850. I'm learning chart patterns as of now. You can plan your trades accordingly if you know how to trade these patterns.
SYMMETRIC TRIANGLE, SWING TRADE, AMBERThe stock is in uptrend and was consolidating for long time and there by forming a symmetrical triangle. Breaking the high/the resistance zone can be the start for new creating new higher high.
Stop loss are placed according to personal risk management.
NB: This is not a stock recommendation, just sharing my view
Amber enterprises showing false breakout?Amber enterprises showed a breakout yesterday and many buyers entered here because of the breakout
But do you know it's a false breakout?
lines reference:
dark blue-resistances
cyan blue-supports
yellow-both acting as support and resistance.
Guys please first like and comment :)
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Ok...Now I was telling that amber enterprises has shown a false breakout because:
1) the stock form Abandoned Baby bearish candlestick pattern which forms only on a false breakout and doesn't form on a true breakout.
2) the stock came in overbought zone.
3) Although the stock breaked all the resistances but the resistances are so strong that they are pulling the stock to the consolidation channel.
4) The stock also made a new resistance here after this false breakout.
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Alert for you guys :)
please do like and comment as I give you profitable Ideas :)
AMBER INT - Positional Trade : Showing good strength ( Go Long )Good price action, price above 50 and 200 EMA at Daily TF, a very good bullish engulfing candle. One can go long @ 2010 with SL as 1978, Target : 2400
Amber - Inverse Head and Shoulder patter#########Learning Purpose Only#########
In my analysis, Amber has formed a kind of inverted head and shoulder pattern and chance for a reverse trend is high looking at the RSI.
Target 2100+, however it is a growth stock from contract manufacturing segment which have potential to become multibagger.
trend analysis,inter-daybuy 1820
stop-loss 1819.95
target 1930
sell
1700
stop-loss 1708.85
target 1494
look like institution sold there position whenever the institution sold there position it will be a trend reversal, at the same time some accumulation also happens by another institution
Amber Enterprises ----- Huge Volume 5.708 M +stock can move either way
be cautious
follow the technical rules before entry
32.0 - Amber - Long ideaRisk 0.2% = 4000
Position size = 4000/43.02 = 93
Investment = 1774*93 = 164982
looking good if can close abobe 1810 today for a target of 2330!looking good if can close abobe 1810 today for a target of 2330 and then 2600 in short time! keep on radar!
Disclaimer:I am NOT SEBI registered. THE OPINION GIVEN OR THE CHARTS PRODUCED HERE ARE FOR MY PERSONAL REFERENCE ONLY AND THEY ARE NOT ANY BUY OR SELL RECOMMENDATIONS. Kindly consult your investment advisor and family members before investing.
Amber Long - fifth wave in formation - THIS IS NOT A TRADE IDEAI am a novice learner and am trying to share some ideas and here I see that
an impulse wave seems to be in progress and the corrective wave 4 is done and the movement should be upwards for wave 5. I am neither suggesting any levels nor timelines but expect a move equal to at least the wave 1
One Right Trade's Swing Trade Idea #65 : Buy on AMBER Please do like and share the idea in case you find it good and follow it for further updates on it for benefit of everyone. Also, please comment if you have any feedback. This idea by one right trade is only for study purpose and is not a trading call.
