HouseOfM

HouseOfM

Had a 30% pullback after reaching new high, cup and handle, now at support band and have confirmation. I think it’s going to have a good rally of 130-200pts with some minor corrections along the way Buy at CMP (anywhere below 260) and hold for long term Targets 300 (latest by November) 400 (latest by January) 500 (~ March)

HouseOfM

Divergence formed in DMI, wait for DMI+ to close higher than current DMI and then enter

HouseOfM

Enter 109 Exit when 4day StochRSI reaches 80 Currently attempting to break resistance around 122

HouseOfM Updated 

Wait for triangle breakout, one attempt done with a retest, wait for a reversal to the upside

HouseOfM Updated 

Enter at CMP, clear uptrend and StochRSI crossover Exit when StochRSI reaches above 80

HouseOfM Updated 

Enter when MACD histogram becomes positive Exit when StochRSI above 80 Stop loss if candle close below 1230

HouseOfM Updated 

Enter at CMP, currently at bottom on trading range Reversal indicated by DMI Exit when DMI+ reaches 50

HouseOfM Updated 

Retracement to 0.5 level and MACD histogram flip to green Entry 417 or CMP Exit when StochRSI above 80

HouseOfM Updated 

Cup and handle breakout Targets: 80 95 115 140 Stop Loss 48

HouseOfM Updated 

Expect retracement in next few days, good time to book partial profits

HouseOfM Updated 

Clear uptrend, getting 20-30% increase every time StochRSI gets reset and crosses over to the upside. Enter above 101.20 if September 23 closes above 101.20 Stop loss candle close below 98 Targets 120, 130

HouseOfM Updated 

Stock is in trading range of 40 to 58 in weekly timeframe Currently divergence in DMI+ vs. price, implies Short at 52.20 Stop loss if daily candle closes above 54.20 Target: Exit when DMI+ hits 10

HouseOfM

Formed a double top in monthly chart, need to wait for momentum, post which it can go into price discovery. Wait for StochRSI crossover.

HouseOfM

Short term reversal similar to January 2021, expecting 20-30% correction - possibly cup and handle pattern formation Book some profits now and renter at 57 and 46 levels, based on price action at that level Re-entry: 57, 47 Stop Loss: Close below 44 Targets: 90, 100, 130

HouseOfM

Rising wedge, bearish pattern - expect a correction to ~570 levels For longer term, probable cup and handle formation, to reach new highs. For short term, advisable to book profits at current levels and wait for a discounted entry.

HouseOfM

Need to break 0.618 levels to break downtrend conclusively and become candidate for long term investment. Till then, possible to do swing trading - refer to SHK DAILY post

HouseOfM

Price made double bottom Trend line connecting the MACD levels of the corresponding bottoms is upward This creates a classic bullish divergence Target - 145 SL - 127.50