FrankzMD

FrankzMD

price facing resistance at 15800 level on weekly charts , price shows inside bar revrsal pattern MACD 12-26 weekly shows negative crossover target and SL marked

FrankzMD

price facing resistance along the line drawn in the image MACD shows negative divergence low risk enrty target and SL marked

FrankzMD Updated 

sequqnce of changes impying bearish trend is explained in figure price action had 3 lower lows - implies a change in trend price ended below the pivot level of 426 (august level) price breached 18 day EMA with decent volumes inside bar formation below 18 day and price facing resistance from 18 day for 4 days MACD are bearish Target and SL marked

FrankzMD

nearly after 8 months of consolidation , price showing bullish momentum price bouncing from 200 week EMA price breaking out of weekly and pivot level MACD is positive symmetrical triangle breakout likely target and SL marked

FrankzMD

price action sequence explained in chart .follow the numbering to understand the sequence price moving up from cluster of EMAs price forming a bullish inside bar above 18 day EMA bullish engulfing bar crossing all EMAs and closing above pivot level confirming uptrend MACD demonsatrates positive divergence Target and SL marked

FrankzMD

price is near 52 week high and ATH on monthly charts , price is forming a green-red -green candles defending pivot level of dec 2023 on weekly & daily charts , price froming a symmetrical triangle breakout MACDs are in positive zone ,above zero and signal line target adn SL marked

FrankzMD

price is breaking our of 14 year resistance level on monthly chart. price is making higher highs , restesting previous months high EMA s are starting to fan out target and SL marked

FrankzMD

sequence of the price action changes have been identified and explained in charts price ready to make a fast upmove Targets and SL Marked

FrankzMD

price action explained in charts price bouncing from weekly pivot level and 18 week EMA target and SL marked

FrankzMD

on weekly charts , price crossing weekly level price bouncing from 18 week EMA EMA fan getting established MACD positive crossover

FrankzMD

on weekly charts , price facing rejection rejction at 3900 level for past 6 months H&S pattern formation price breached 18 week EMA and this week 18 week EMA is a confirmed resistance MACD s are negative Target and SL marked

FrankzMD

price facing resistance at 710 level for 4 weeks price - MACD showing negative divergence on weekly chart target and SL marked

FrankzMD

caution :suggested idea is a generic idea .There are variations to this analysis and more indicators have to be applied to precisley time the events i have used 100-50 MACD along with 3-6 MACD as indicators to time the events i have ignored 12-26 MACD to make it less confusing Rule 1 when 100-50 MACD is above signal line , every dip(towards zero line) in...

FrankzMD Updated 

weekly breakout crossing the pivot level MACD are positive target and SL marked

FrankzMD Updated 

price above all moving averages 18 >50>100>200 day EMA while price bouncing from 200 day EMA MACD positive crossover likely target and SL marked

FrankzMD Updated 

stock is at 200 day EMA while the shorter EMA remain above longer EMA SL and target marked

FrankzMD

price crossing weekly level and retesting the breakout level MACDs are positive SL and Target marked

FrankzMD

on weekly chart price forming a bearish engulfing bar 12-26 MACD shows negative breakdown target and SL marked