Stock broke out few weeks ago and the retracement also happened. Now it is ready to move up since the sell volume is also reduced. Keep an eye on this! Happy Trading!
Dear Friends Watch trend line break out of APOLLO . if APOLLO break and sustain 147 level then it will touch 165( Target 1) and 178 (Target 2) Wait for 147 level.. All level mentioned on chart for your reference. Regards Kirit Chavda
Apollo Microsystems has created a trend change breakout pattern and its a interesting case to study
Chart is self explanatory, buy above 156 and check if it closes above 156 on WCB. Targets can be much high
this 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...
Best Buying will be in a range of 140-150, with SL 105-110. Also, there is a change in polarity.
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
#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
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.
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.
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
Price 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 .
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 long term consolidation break when resistance line and target 1 expect up rally
SW 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 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.
Note: 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...
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.