The above information does not constitute investment/trading recommendation and it is purely for educational purpose. Please check the Strategy below...
SWING Trading Strategy:
Position is created, only upon stock closing above the entry price on day closing basis and is held on for 5-10 trading sessions for larger gains (5-10%)
INTRADAY Trading...
WT is coming out of an S1 Stage with a large C&H pattern.
DTF has formed a minor C&H with volume dry-up no to great.
BO with Volume, EMA rule in place.
MACD crossover
The sector is looking good, Many stock
in the sector are near RT this is almost 1st stock to BO in sector
Mindset: Calm, just following the set up.
going to expose 50% as over market is streched,
...
key points to be noted :
>As you see ,it is forming a cup and handle pattern in weekly chart which shows an uptrend
>RSI is near 56 that indicates it is not overpriced, good time to accumulate
>MACD has not crossed yet, hence need wait a week or so to crossover
>keep it in radar, fundamentally good stocks
>a high volume trading session with MACD crossover is...
Zyduslife (Swing trade stock )
Gave breakout of insidebar with strong volume.668 is nearest resistance.
Looks good for swing trade.
Trading at 657
Keep sl at 626
Target can be
698
746
796
843
Disclaimer :-only for learning purpose.
This move is a Counter move to Primary Trend Bear Market , once this forecast completes the Market will likely resume for One more drop as
Bear Market trend
Look to trade with your Own Methods
Good luck
