GSK !!Glaxosmithkline has started a new bull run after retesting it's 10 year break out. Watch out this stock for a minimum 30-50% returns. by gadavishesh1
Glaxo1.Moving averages - 21 Ema above 50 -50 Ema above 200 -Gap between Ema seems better 2.uptrend continues observed 3.Good pivot levelsLongby selvat07Updated 1
8 years Break-out Retestthe stock broke-out from its 2016 high and retested with good volume make a safe bet to enter in the stock and are also better then expected results. lets see how this stocks perform over coming months.Longby Mohank230
swing trade for up coming dayssome Good MNC stocks are giving chance to take entry. Volume climax trade in Chemical stock. This are my analysis do your own technical analysis to take entry.Long04:26by Arthavidhi0
GLAXO’s levelsGLAXO may break 2525 resistance level in this week if market bullish. RSI (dwm) 71, 68 and 71by vaman19090
GLAXO’s levelsGLAXO may break 2525 resistance level in this week if market bullish. RSI (dwm) 71, 68 and 71by vaman19090
Glaxo Smith AnalysisSo, let's analyze Glaxo Smith On 1M TF it still look bullish as the resistance is getting tested to turn into support. 1W & 1D TF also show bullishness. If it forms "W" on daily TF and then breaks out, it could potentially reverse from there. Any candle close below (1900-1870) zone on weekly TF could mean that the stock has failed it's re-test. Zones have been marked on the chart. Disclaimer: Only for educational purpose. Longby Mohit44Updated 4
GLAXOOO ...!!!!!CUP & HANDLE pattern break out & retset on monthly time frame with volume confirmation.....!!Longby CHARTIST21212
GLAXO - Monthly breakout and retestGLAXO - Monthly breakout and retest. Great fundamentals. Longby SwingtradesbyAbhishek3
GLAXO Bullish Longer timeframe Correct time to buyThis stock follow a good up trend in monthly chart, 3month chart also. I have share entry and Stop loss price through chart.Longby KaustavHazra222
Stock Selection Based on Relative StrengthHello, Here i will be talking about the process for picking up the stocks based upon the Relative Strength. As this is known to everyone but only few are getting benefitted by applying it in real trading. Most of the gains are made with the stocks having greater RSI. If RSI having > 75 those are the ones which create maximum wealth in Short time. Now, Question comes at what time frame it will apply and this depend upon the individual trading style. It works well on Daily, Weekly, and Monthly TF. The higher the timeframe the better the reward. This can be combined with the Price and Volume, It Can do wonder in your trading Journey. Screener for Stock Selection in Trading View:- - Go to Stock Screener Tab at bottom in the Tradingview. - Go to Filters - Symbol Type - Common Stock - Select New 52 Week High - Select Relative Strength Index (14) >=75 The above will filter out stocks on Daily Timeframe. You can add more filters according to your requirements and make your stock list more refine such as All Time High, New 6 Months high etc. and Make a list and look for opportunity. As i am a Price Sction trader i mix this with Price and Volume and ride the momentum. Few examples - Cupid, Glaxo You can try it and submit your feedback to me. Also, Tell me if you find something else which can be useful to the community. Together we can help eachother in Learing and excel in profession. Remember: I am a Price Action Trader and use Price and Volume together with different Timeframes, including RSI, and market conditions. To get best result always wait for confirmation. Focus on Risk Management and Position sizing. Treat trading like a business and it will pay you like a business…..!! Hope this post is helpful to community Thanks RastogiG Editors' picksEducationby RastogiGUpdated 101070
Example of Stock Basis Relative StrengthStock Beaking out after 2017 at Monthly Time and RSI is around 75by RastogiG3
GLAXO / Glaxosmithkline Pharmaceuticals Ltd - 13 Years ConsolidaGLAXO 1) Time Frame - Monthly. Kindly change the time frame to weekly for better understanding. 2) 13 Years of consolidation (Since 2010) broken & Closed strong in WEEKLY time frame. 3) Stock will find its strong resistance / profit booking zone at the primary trendline in the long term. 4) Recommendation - Strong Buy Longby SHRIHARII224
Multi year breakoutMulti year breakout after eight years with good volumes. A good purchase could be when the stock retests the breakout levels.Longby nsdtrading1
GlaxoSmithKline start of correction in short term?Glaxo meets has been performing consistently well in past few months time and might pause for a while it seems. It will either be time correction where it will remain in same level range for some time or price correction like a retracement of the price after the impulsive move. Eventually long term trend seems positive but in short term like a daily timeframe it might give a corrective move. If it's a price correction then it might corrects of the levels of 2010-1942-1890 . No comments on the time correction levels as it's long term trend seems up and can see up levels of 2480. No recommendations, just my view based on the chart pattern. The triangle pattern seems to have worked out pretty well in the last view of this stock going from 1300 levels to 2100. Shortby viki9110
GLAXCO SMITHLINE TARGET 2598 STOPLOSS 1911Script is long consolidation monthly brekaout of resistance 1911 from the year 2015. And strong day bullish and good closing. If weekly close above 1911 , then it will reach the target of 2598by ganeshkrupa1
GLAXO - 8 years range breakout - Fresh LongGLAXO has given 8 years range breakout from 1920 resistance levels. SL Daily candle close below 1910. Target: 2550+ Note: As the stock is giving 8 years range breakout, usually this is a good sign for fresh longs and can see 50% to 200% rise in coming weeks / months.Longby skandha19861
Monthly Breakout - Wait For Retracement For Entry-wait to retest previous resistance for entry -monthly breakout with high volume -above all crucial ema and smaLongby Marketik0
GLAXO GlaxoSmithKline Pharmaceuticals LtdGlaxoSmithKline Pharmaceuticals is a pharmaceutical company engaged in the business of manufacturing, distributing and trading in pharmaceuticals. The Company develops a range of products in pharmaceuticals, vaccines and consumer healthcare. 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 opens, the condition might change so learn to handle different conditions... Keep an eye ladies and gentlemen. Cheers and Happy Tradingby SENSITRADE_T0
Glaxo Smith Pharma End of DistributionGlaxo smith pharma is in a parallel channel for the past 13 years. Fibonacci trend extensions and volume trends indicate a good rally till 3000 levels in coming year. Fundamentals are good and price projections are possible till 3100 level. Longby Sushant07940
GSK Pharma- Ready to breakout?As explained, Glaxo is looking strong for a reversal near support trendline. Trendline breakout can be a beartrap. RSI positive divergence in weekly TF is supporting the analysis. Best buy is near 1265 with SL below 1227 and target of 1345+. However, this idea is shared just for educational purposes and not a recommendation.Long04:13by tradewithamey_Updated 0
GLAXO - 7 Yrs Resistance BreakoutGLAXO is testing 1900 level which has been major resistance since 2016. Stock belongs to PHARMA sector which has given a breakout & it doing well. This should close above 1910 on weekly basis for any upside. This is not a buy sell recommendation but only for educational purpose. Thanks Piyush Gupta Learn & EarnLongby Piyush-Gupta3372