FrankzMD

FrankzMD

stock has corrected 40 % from the highs attractive valuation to add technicals price is at 200 day EMA and horizontal trendline support low risk entry target and SL marked

FrankzMD Updated 

price forming ascending triangle pattern on daily charts , symmetrical triangle pattern and price at 18 and 50 day EMA target - 5o to 60 % 6 months duration SL marked

FrankzMD Updated 

price forming flag pattern above 50 day EMA target and SL marked

FrankzMD Updated 

fundamentals - decent valuation at current price on higher time frame - price is at confluence of 200,50,18 week EMA - price forming symmetrical triangle on daily time frame, price is at confleunce of 200 ,18,50 day EMA while 18>50>200 day EMA (bullish indication ) price taking support twice at 200 day EMA is a positive sign inside bar formation above 200...

FrankzMD

decent valuation at current level though price is below 200 day EMA , there are technicals which suggest that shares might move 15 % 1. 18 day EMA crossing 50day , 100 day 2.price taking support at 18 day EMA 3. pivot trend change confirmed 4.MACD 12-26 is above zero line and retracing towards signal line

FrankzMD Updated 

price bouncing from trendline and 18 ,50 day EMA shorter EMAs are stacked above longer EMAs suggestive of upward momentum Target and SL marked heat waves expected ..IEX can have surge in volumes

FrankzMD Updated 

1.price breaking 18 , 50 day EMA and horizontal reistance with huge volumes 2. inside bar formation abovbe 18 day EMA 3.MACD above signal lines and zero ( except 100-50 ) target and SL marked

FrankzMD Updated 

1.price breaking out of 7 year range 2.price above allmoving averages 3. shorter EMA stacked over longer EMAs 4.Shorter and longer MACD are above zero and signal line 5 . valuation is okasih target and SL marked

FrankzMD Updated 

decent valuation price forming a bullsih bar engulfing previous 3 day candles with huge volume price crossing all the EMAs with heavy volumes target and SL marked

FrankzMD

Technical reasons 1. price above shorter ,medium and long term EMAs 2. 18>50>100>200 day EMA suggesting bullish momentum 3.MACD above signal and zero line (12-26) while 50-100 is above signal line (but below zero) 4.price restesting the horizontal trendline (IPO level),18 day EMA 5.Inside bar formation in weekly charts above 18 day EMA 6.aymmetrical traingle...

FrankzMD

extreme valuation price -MACD divergence in longer, meduim and shorter MACDs price facing slow down at resistance low risk entry

FrankzMD Updated 

price is at the edge of breakdown 1. 50 day EMA crossed 200 day EMA downward 2. price rejected from 200 day EMA and aslo horizontal trendline 3.price breached 18 day EMA downwards with huge volume and was followed by bearish inside bar 4.today candle breached 50 day EMA (last EMA support ).however volumes was not convincing target and SL marked

FrankzMD

inside bar formation at resistance line 12-26 MACD around zero line 50 -100 MACD below signal line target and SL marked

FrankzMD Updated 

price-MACD divergence tesla entering indian market will be a challenge to tatamotors and maruti target and SL marked

FrankzMD

price forming an inverted hammer at trendline price violating 3 day EMA rapid moves possible stop loss and target marked

FrankzMD Updated 

price forming a bullsih inside bar followed by a bullsih candle target and SL marked

FrankzMD Updated 

price and MACD showing continuous negative divergence inverted hammer in weekly charts target and SL marked

FrankzMD Updated 

on weekly charts , price forming a hammer MACD 3-6 about to crossover in positive direction Target and SL marked