it is going to retrace to a major moving averages (or) it should form a longer base. higher volume during this fall. seems some big investor exiting. however on weekly time frame it is extended by 50% 20WMA. mean reversion in progress. one can look for 950 levels.
it seems like it has topped out for this recent rally. RSI forming lower lows.
Marked recent three rallies followed by consolidation. it has rallied 35% and above with in short span of time. consolidated after rally for some long time. moving averages cached up. almost all the time respected 20 or 21 EMA. most of the daily changes are less 2% during consolidation. Price never fallen more than 15% from top, when moving to...
second highest ever volume. converging moving averages. pocket pivot volumes. Negatives: Trading below all MA. Not from trending sector. i.e sector headwinds. No relative strength to index.
after consolidating with narrow candles it has fallen to 20W EMA with low volume. looks interesting chart on daily scale and weekly scale as well. Highest Ever volume on weekly chart between 60 to 80. script is already in stage 2. respected 100DMA three times so far.
it has rallied with highest weekly volume of the year in the last week. fallen from higher boundary of the channel this week with low volume. it may be in this channel for 1 more quarter. keep an eye on last week low.
MOL is getting into stage2 coming out of stage 1 with a good consolidation of 1 year. good price action in last 3 days. wait for retest of 95. good accumulation in the last 2 months. watch out for todays close for weekly breakout confirmation.
it is in basing process in the last 60 days. first dip is 15% from top second dip is 10% from top. forming higher lows in the base. 40% prior rally, still showing relative strength to index. trading above short term moving average. check out results today.
it has given broke out with above average volume. formed a mini base for 60days. consolidated about short term averages. watchout for 10-25% upside.
it has given shakeout yesterday. if it continues to hold above previous day high, watchout for breakout.
it is tightly consolidating with low volume on daily chart. this consolidation breakout opens up levels to 120. this has already given stage-1 breakout 3 months back. it showing relative strength compared to Index.
forming LH-LL on daily chart. double top and on weekly and daily. highest volume on second double top. today touched 200DMA. may be pullback can be expected. never retraced to 100WEMA in that last 3.5 years. 15% more fall expected. larger trend seems to be in uptrend.
tight consolidation below 100EMA. expecting a long green candle. took recent trendline support
it is trying to trendline today. recent breakout with high volume. consolidating at higher levels with dried up volumes.
rallied more than 10%. huge volume on daily chart. looks like closing above 200DMA. above 95 will make it stage1 breakout. seems like bottomed out.
it has retested 200DMA after almost 1year. we can take low risk entry. or wait for it to cross 630. we can witness popped up volume for retest candle of 200DMA. I feel currently it is in accumulation zone.
it has given a breakout to the flag pattern. after big volume candle. it was consolidated in a range with reduced volume.
Trading near breakout level. Recent listing, currently trading at supply level. taking support at short term EMAs forming higher lows on daily chart. PP volumes in the last few sessions.