*for educational purpose only.
1) volumes are shocking in last few days.
2) taking support and getting reverse from golden ratio.
3) near breakout of falling wedge.
Tested the trend line multiple times and holding above at the recent bottom, once break the trend line quick move expected for given level in chart.
Disclaimer:All details are for educational purpose only.
Another API company looking to break out of its downward trendline.
This one doesn't have a triple divergence so i wouldn't take as aggressive of an initial position (As the stock is below the 200EMA)
Long above 108.50 with a stoploss below 102.
IF the stoploss hits i could again look to see if it can double bottom around 95 and look to buy it around that level...
Below observations are made before going long
1)Increasing volume with increasing volume.(Good uptrend)
2)Volume is reducing as price moving towards support
3)If price sustains above 113 lvl with above avg volume then trade will be highly confirm
4) Observe price action and volume on chart for better understanding..
Target 1 - 140 (RR - 1:4)
Target 2 - 160 (RR -...
SEQUENT is underperforming for some time - looks like things are changing after tested bottom levels around 80.
Crossing 120.95 levels - we should see good upside momentum on this -- add to watchlist.
14-07-2022 --- 101.4 Cross WK Piv Downside Close above 20 SMA on Daily time frame M/W RSI <40. & Daily RSI 40<>60:
20-07-2022 --- 119.05 Close crossed W-SMA-13...
Stock has given breakout from falling channel pattern.
Trend line supporting price also trend line is supporting RSI value.
Enter only when price and rsi gives confirmation. RSI should make a new higher swing low,
*for educational purpose only.
The stock corrected a lot and reached the 88.6% fibo level....and is now moving up....it is likely to move higher till it hit hits the resistance of 194.9...
