Apollo MicroSystems Breakout RetestApollo Microsystems has created a trend change breakout pattern and its a interesting case to study
APOLLO trade ideas
Apollo microsystem looking good for multiyear resistance BOChart is self explanatory, buy above 156 and check if it closes above 156 on WCB. Targets can be much high
bottom fishing. CHART OF THE YEARthis small cap stock had fallen since its ipo days
and it has clearly made a bottom and after 4 yrs aprox
1225 days it has given a daily + weekly breakout .
why breakout after 4 years after facing so many resistance ?
answer - something is going on .
not 150 -170 ideal positional entry point
confirmations
huge volume
breakout after yrs
triangle + cup pattern breakout
target mentioned
time target 3 months to 1 year
i am not a sebi registered person please make your decision before entering or contact your financial advisor .
BONUS TIP- this stock has a market cap of less thaN 350 cr
yet we never saw such operated driven activities in this chart till this date
After long accumulation, breakout with high volume on WeeklyBest Buying will be in a range of 140-150, with SL 105-110.
Also, there is a change in polarity.
Apollo Microsystem 500+rounding bottom formation on a multi year time frame. all time high possible in a year or two.
support at 147-137,
targets 210- 260 -310 -390-500
#ApolloMicrosys cash : Looks good around 140-155#ApolloMicro sys cash -Positional call
11 Jan 2022
Looks good around 140-155
Stoploss 110
Target 240
Start buying all dips...
(Ratio 1:3)
Cmp 158-159
Volume breakout evident in apollo micro system.First day of the week and its already showing massive volume compared to last few weeks. Sl ideally should be 129. Could see 150+ with this price action.
Apollo Long Consolidation breakout .Good buying zone on retest of the level near 152-155 as its long resistance zone now its support .
If price sustains above 152 will see a Big rally as huge volumes seen.
Apollo micro Multiple pattern bo on chart, 1) H&S pattern BO 2) 4yr range consolidation BO with volume..could be good buy some qty at CMP and some qty at the time of retesting around 140 level.... This stock has the potential to reach again all-time high level.
Note: educational post
Multiyear BreakoutPrice break the multiyear resistance level but for buy on dip is a better strategy in this stock because price may be face resistance near 172 . So wait for pullback then add in your portfolio .
Multiyear Breakout.Fresh Rally only above 173.Volume looks good during breakout. Attempted thrice for breaking the resistance but failed .Successfull breakout during 4th attempt
Apollo micro style Trend AnalysisApollo micro style
long term consolidation break
when resistance line and target 1 expect up rally
Stan Weinstein framework for investorsSW criteria for multibagger stocks :
1) BO above rising 30 Weekly moving average
2) Volume expansion during BO
3) Rising relative strength
4) no significant prior resistance over last 2 years
Apollo microsystem Head and shoulder or Rounding Bottom ChartApollo Micro system Weekly Chart
Perfect Head and Shoulder Reversal Pattern
Breaking 150 - 156 will brings a strong rally in future.
For target see the chart.
apollo microNote:
1. Views are personal and for educational purposes only. Recheck and take the trade as per your RR.
2. Always remember SL is your lifeline, not the big target...
3. Follow us for more patterns and like, share so that we feel it is helpful to many and share more patterns...
3. Views given here is not a tip rather it is for educational purpose... Aftermarket opens, the condition might change so learn to handle different conditions...
4. To learn more about patterns, Psychology behind the trade, and price action trading... contact us... Thanks...
Keep an eye ladies and gentlemen. Cheers and Happy Trading
APOLLO We can buy APOLLO ABOVE 130 SL 124 TGT 150.
its completely Tukka its only for education purpose. its only 1% success rate 99% loses chances. I am not sebi registered so first ask to your sebi registered advisor.
Apollo micro SystemsDisclaimer: This is for demonstration and educational purposes only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before making any trade.
#APOLLO APOLLO #WHIRLPOOL #BAJAJELEC #TVSELECT #APPLIANCES #NSEApollo Micro Systems Ltd.
NSE:APOLLO
NSE:APOLLO
CMP: 125
Target: 140
SL: 115
Time Frame < 3months
Risky but profittable 12%
Factors:
BULLISH WEDGE BREAKOUT
Trend Following
Rising Volume with rising Prices.
Flag pattern breakout.
Pennant Pattern Breakout with Bullish Candle.
Retest Successful.
Higher Highs & Higher Lows.
Broken above RESISTANCE levels
Trading at SUPPORT levels
Earnings are strong.
Bullish Wedge Breakout
Risk Return Ratio is healthy.
And
Rising from Double Bottom Pattern to Flag Pattern forming.
If you like my work KINDLY LIKE SHARE & FOLLOW this page for free Stock Recommendations.
With 💚 from Rachit Sethia
Apollo Micro SystemsBuy - 110-112
SL - 108 Below Daily Closing Basis
Target - 150-170-200++
Wait For The Entry Levels.
Do Not Enter In Hurry.
Follow The SL Strictly..
Above 150 On Weekly Closing Basis ..
No One Can Stop The Rocket..
Apollo Micro Systems LtdApollo Micro Systems NSE:APOLLO - Cmp 115.3
Trigger Inverse Head and shoulders Prospect.
Most Favorable Risk Reward
Support 98 - 86
Hurdle 156 - 271
APOLLO - Price and Trend SetupStock has given a breakout through previously created resistance levels. Stock is gaining strength as compared to BSE SMALLCAP index. Supertrend has turned to positive, Targets and Support has been indicated on chart.
