Almost trapped and cornered and now it should break.
Consolidation near the ATH and forming a triangle pattern when the company is dealing with Sputnik makes the price to break and move up. I am not used to listen to the news and trade accordingly but sometimes I confirm the break with the news.
Price will break in the next session
Was expecting this move for a long time and because it was weekly time frame it took longer than anticipated but finally it happened. Trend line moving from the top will be the target for this break, again it may take more time.
Trend line break happened in the last session with three strong bull candles in 1hr time frame, which is a good signal for the up movement.
One should always wait for the pattern to complete and take the trade at the right place. Last time the same script bypassed the pattern and went up big -> This time it is inverted Head and shoulder pattern ( not completely formed ) Some may take the sell trade after seeing this but it wont work on that way. One should wait for the trend line break and even...
Price breaks the trend line and forms a triangle pattern taking support from the trend line and now it breaks the triangle and trying to close above the resistance levels as shown in the picture. As we said last month nifty will go to 16000 this guy will help that done in coming weeks.
Price is getting ready to break the resistance.
Price forming a wedge and it will break.
Price forming triangle pattern it is about to break.
Price forming triangle pattern and it is expected to break the resistance and move up.
Price forming raising wedge pattern and it is likely to break.
Price forming triangle pattern and it is about to break in the up coming sessions.
Price in weekly time frame just breaks the trend line and coming for a retest ( look comment section) in daily time frame price is taking nice support at 230 levels and it is about to break the trend line. If you find my analysis helpful . . . . . Please show your support by hitting 👍 LIKE button, Your Support is very much 🙏 appreciated!
Price forming a falling wedge pattern and it just breaks out in the last session and it couldn't hold the move and almost went 50% down. One can expect the price to move up smoothly from now.
Price forming a triangle pattern and a small break was witnessed on last session, this may be a retest of the breakout level price may climb further up as it is right on the weekly support as mentioned. s3.tradingview.com
Price slicing down and the pressure is building up for the break, one can expect a good break in this stock in the coming sessions.