Amber enterprises.. from last 15month acculamtion is happening in stock.. now seems stock is getting ready for fresh move... Keep on your watch list. Portfolio stock. CMP:3711 Note: educational post
#AMBER stock forming classic VCP pattern after almost 1 year of consolidation trying to take support around 50DMA with volumes dried up on consolidation. EPS strength 93 Looks good abv 3650
Amber Enterprises - Swing Trade Respecting the trendline beautifully. Good volumes as well. Hold for target and can even hold for new ATHs. A good RR trade.
AMBER LONG uPMOVE AFTER long time correction for 1 year. Just tracking purpose.
Ascending Triangle Pattern Breakout Buy For 25% It is created by price moves that allow for a horizontal line to be drawn along the swing highs and a rising trendline to be drawn along the swing lows. The two lines form a triangle. Traders often watch for breakouts from triangle patterns.
Amber Enterprise Cup and Handle pattern observed in weekly TF with a triangle pattern in the Rsi shows that sooner or later the price is about to breakout. A close above 3900 would confirm the b/o. Amber is a prominent solution provider for Air conditioners. As the summer approaches the demand for A/Cs would rise and may boost the earnings of this company ...
inverted head and shoulder pattern in amber enterprices
Levels mentioned on the chart. SL based on closing. The stock has broken from all time high. Better entry could be at some retracement IF the stock retraces.
Disclaimer: 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.
Stock is ready for breakout. Stock is ready for blast Huge Consolidation
Amber enterprise moving up, bullish with caution around budget time.
Stock is ready to give breakout of inverse head and shoulders pattern.
Inverted head and shoulder pattern Good volume breakout Horizontal resistance breakout Targets and levels mentioned in charts Only for educational purpose
A strong breakout with good amount of volume expansion can be a validate entry for go long. Entry & Exit should be based on Price Action, once the breakout happens.
Amber Enterprises..........Wait & Watch mode on........for education purpose only
Go Long above 3300.1 for Targets of 3473.6, and 3647.1 with SL 3126.6 Reasons to go Long : 1. On a daily timeframe if we draw the Fibonacci retracement tool from recent swing low (point A) to recent swing high (point B) then we see stock took support from 0.618 Fibonacci level. 2. Also a bullish candlestick pattern Bullish Hammer (marked with orange color) is...
Strong accumulation between 2600 - 3200 range 3100 support