This is moving weak in price , Momentum is flat no sign of direction
any rally should be sold with reversal on daily before EOD , i am looking this move likely to form an Regular flat pattern and then turn down ward for final move before major trend reversal to upside ,
add shorts on rally and stay for this last drop
Short only if it breaks the low of the previous day with a stop loss at the previous day's high
Long only if it breaks the high of the previous day with a stop loss at the previous days;s low
In case of gap up above the previous day's high or gap down below the previous day's low, please avoid buying it or selling it respectively. Follow the ending of the...
TVSMOTOR TAKING SUPPORT AT 200 EMA AND MADE HAMMER CANDLE AFTER DOWNTREND, HAMMER OCCURS AFTER A SECURITY HAS BEEN DECLINING, SUGGESTING THE STOCK IS ATTEMPTING TO DETERMINE A BOTTOM I THINK IT WILL TEST 21 EMA= 520 IN THIS WEEK, POSITIONAL VIEW IT WILL TEST 50 EMA SOON = 549
FAST TARGET = 21 EMA (520 ) IN WEEKLY CHART ( FOR UPCOMING 6 TRADING SASSION 11...
When i see a person starts labeling the Elliott wave theory without understanding it , how exactly it works i know he or she dont have proper knowledge and some try to make it look like they know everything , in reality market works completely different form their views
So what has changed and what is causing the retail traders ?
The answer is understanding...