Price forming symmetrical triangle pattern in weekly time frame and took support from the bottom of the triangle with big wick seen in the above analysis. It is expected to break the 37.50 levels and reach the symmetric target in the coming weeks.
Price made a double bottom at 140 level and went up by 13 points last trading day. Still 163 above is the buying level as discussed previously but when you see a double bottom one can risk with small stop loss and definitely you will be in a good position when it reaches 163 !!! Think about it.
Price swings within the channel beautifully. It looks easy now but catching this pattern and taking trades at the right time will need some good experience in pattern trading.
Price after a bullish trend trying to break the trend line and it is looking very strong close. Look for shorting opportunity when cuts the lows. Pause the long idea for this week.
Price after the triangle breakout now forming flat bottom raising trend line pattern and currently trading near the bottom support. In lower time frame it is a channel pattern and inside it is forming a triangle. AS this platform is not allowing to post all the time frame analysis in single post I will post it in comment section.
Price as expected ( see related ideas) reached the channel bottom, now trading at the support levels. If breaks this levels then follow flat bottom trending top pattern. Wait for the break and decide !!
Price as expected rejected at the top and reached the support level, now it is a good buying level with the target of top trend line.
Price near to the trend line support level, one can enter long from this level with small stop loss and look for the target at resistance line at 160 levels. Expecting the price to break from that level and reach a target of 190 - 200 levels.
Price forming strong bullish candle right on the resistance level, closed just below the resistance level. If at all price falls back to the trend line then it would be a good buy with small stop loss, else go with the flow after breaking 680 levels go long for 735 as your target.
Price for the second time rejected from the same level 367. After taking support from 330 levels price once again moving strong towards the 367 levels and this time it has big chances to break the level and reach the next resistance level of 390 and ultimately the target of 430. One have to wait for the price to close above the resistance and then enter long...
Price breaks 2 years of resistance ( 1000 levels ) finally and closed above 1060 resistance levels. Now we can expect the price to move on to 1180 resistance level and consolidate there. In the pic you can clearly see the retest levels, here if you look into it price before this break out it actually breaks 1000 levels but unable to sustain and reached the...
Price after breaking the triangle pattern reached the target and on the last trading session it just closed below the All time high levels, as the price is looking super bullish there is a big opportunity for a short time hike as seen in other pharma stocks. If trades above ATH then go for scalping trade or go with tight stoploss. . . Price is looking super...
Price inside a parallel channel and forming a symmetric triangle inside it. One can buy at trend line support around 52, but if you are deciding to go for it then buy small quantity now and if price goes down to support add some more to your position. Channel top will see some rejection, book at channel top and once again enter the market for this symmetric...
Price took support from the parallel channel bottom which is 215 levels and now trading at the middle of the channel closing above the previous resistance with strong close ( without wick ). Today's last 4 hr candle indicates the buying pressure of the stock, long wick at the bottom and strong close at the top. This would be the 2nd chance for the traders and...
Price exactly rejected as expected from the previous high after breaking the channel for the second time which denotes price is strongly bullish. Now price might take support from 173 levels or channel bottom. Look for it and go long to make some bucks.
Pattern breakout happened friday, still we got 25 points for the target. Look for retracement and enter again.
Price taking support from the parallel channel and big green candles at the support is good for going long with you Stop loss below 345. Go with small quantity and when it breaks the resistance (dotted lines) then add some more quantity and wait for the price to reach the parallel channel top.
Price after a short uptrend consolidating to form a Flag pattern and if breaks the important level of 41$ then we can expect the flag target mentioned in the chart.