Self Explanatory. After a Breakout, a retest to the line of least resistance and Breakout.
It's just a hunch that this stock should start moving from here after a breakout.
Breakout rom Ascending Triangle and Retest in progress.
The chart is self explanatory. Breakouts from inverse head and shoulder pattern and retest. Steel is the Global flavor and the price action here is very encouraging.
Anticipating breakout above the flag.
Self Explanatory Chart. A rising wedge which contains a consolidation (retest) after a breakout from round bottom / inverted head and shoulders formation.
Breakout from the Flag Pattern on Weekly Chart. The stock is attractive even at CMP but given the market scenario awaiting a Breakout from the Inverted Head and Shoulders Pattern would be ideal.
I can interpret an upcoming breakout in this chart is so many ways. This is why technical Analysis isn't difficult. One just needs to have an eye and correlate. I'm not giving any Stop loss or Targets here. This is for you guys to interpret it the way you like and take your decisions. If it fails, this chart would tell you why it failed as well. Those who want...
Pure price action analysis. No indicators. With the buyback and price action suggesting a good move, I believe it could do well going ahead.
Simple Price Action analysis. Breakout from a flag pattern. The stock could just keep climbing hereon or there could be a small dip on account of the round bottom formation (CUP). If there is a pull back then a Cup and Handle Pattern would be in formation . Either case the breakout level is 2380.
Simple Price Action Analysis. A good consolidation with signs of a probable breakout upwards.
Bullish Divergence in the Parallel Channel and a diamond pattern seems to be forming. Further, the MACD also seems like a crossover is just around the corner.
This stock has a Market cap of just 159 cr. I just happened to see the stock with a HUGE volume bar. I drew the line from the top connecting the resistances and found it to be a BREAKOUT. Then, I spotted another squeeze and connected the supports and resistances after which I spotted the same pattern on the RSI as well. Next I plotted the 50 & 20 DMA and found...
Simple chart of a flag breakout and is above all important moving averages.
Simple Price Action Analysis. Travelling in a channel. Breakout after a consolidation forming a base however there was a rejection from the top as well. Since the price is above the Ichimoku Cloud, it is safer to enter only when it closes above 458.
Travelling in a Parallel Channel. Took support at Trend line. Simple Price Action analysis as I assume the bottom is made due to rejections for 4 weeks from falling further.
Inverted Head and Shoulder Pattern formed long with a Breakout from a Falling wedge. Simple price action analysis.