johntradingwick

johntradingwick

- Broke out of 77 days long flat consolidation - Good volumes on the breakout. - Price is still trading above the high of the BO candle - Can move higher in the coming weeks, if it manages to push above 4200-4300. Disclaimer: This is NOT investment advice. This post is meant for learning purposes only. Invest your capital at your own risk.

johntradingwick

The structure is shifting to the upside after 4 months of consolidation. Breaking out of the Cup with a shallow handle, taking the shape of a bull flag on LTF. Good volume expansion. Disclaimer: This is NOT investment advice. This post is meant for learning purposes only. Invest your capital at your own risk.

johntradingwick

- Price is sitting at the demand zone + flip level. - There is a small deviation from the parallel channel which seems like a bear trap to me. - If the demand zone holds up, then there is a good possibility of the ATH over the next few months. Disclaimer : This is NOT investment advice. This post is meant for learning purposes only. Invest your capital at...

johntradingwick

Hey all! Just wanted to share an interesting chart with you all because it seems good for studying multiple concepts. As you can see, there was a massive price expansion in July 2022. This created a strong buying imbalance. The price then underwent a correction in a descending channel, thereby reaching the demand zone for a test. It strongly bounced off the...

johntradingwick

Who is Peter Lynch? Peter Lynch is a renowned American investor who is best known for his tenure as the manager of the Magellan Fund at Fidelity Investments from 1977 to 1990. Under Peter Lynch's leadership, the Magellan Fund became one of the most successful mutual funds in history. During his tenure, the fund averaged an annual return of around 29% ,...

johntradingwick

Hey everyone! While trading and investing offer the opportunity for profit, there is always the potential for loss. Here are a couple of time-tested tips to help you in understanding and managing your risk better. 📝 Develop a Trading Plan ─ Many traders jump into the market without a thorough understanding of how it works and what it takes to be...

johntradingwick

- Possible selling exhaustion - Forming the accumulation schematic - Strong fundamentals - Potential multi-bagger Seems like a good time to start accumulating with a long-term perspective. Thoughts? Disclaimer: This is NOT investment advice. This post is meant for learning purposes only. Invest your capital at your own risk.

johntradingwick

- Potential selling climax has been reached. - Sellers seem exhausted - Continuous divergence on RSI - Moving averages turning flat - Seems like a good pick from the investment perspective. Very interesting turn of events in Laurus Labs after the poor earnings result. In hindsight, it seems like it was a "buy the news" event. Would be interesting to see how it...

johntradingwick

- Consolidating nicely after the initial impulsive move - A move above 300 can trigger a rally to 325 and higher - The demand zone is the most optimal long entry imho but I highly doubt that we will tumble that low, considering the strength of the initial move. Disclaimer: This is NOT investment advice. This post is meant for learning purposes only. Invest your...

johntradingwick

Already 29% up since the time I originally shared the positional idea. - It is giving a weekly breakout and is at ATH as well. - Expect higher prices in the coming weeks. - Pullbacks should be seen as buying opportunities. The original idea for reference: Disclaimer: This is NOT investment advice. This post is meant for learning purposes only. Invest your...

johntradingwick

Updated 

Key highlights: 1. Bounced off weekly demand zone 2. Took support from 200 MA 3. Formed the Morning star pattern on 200 MA + demand zone 4. Reclaimed the flip level 5. Bounced off from the psychological level of 3000 Disclaimer :  This is NOT investment advice. This post is meant for learning purposes only. Invest your capital at your own risk. Happy...

johntradingwick

Consolidating in a narrow range after giving a strong impulsive move. It would be interesting to see if it directly continues higher OR comes back to the demand zone before moving back up. In any case, it should move higher in the coming weeks. Disclaimer: This is NOT investment advice. This post is meant for learning purposes only. Invest your capital at...

johntradingwick

Key Highlights: - Coming out of the re-accumulation - Possible range expansion towards 2000-2100 in the short-term - Possible new ATH by Q4-2023. Disclaimer: This is NOT investment advice. This post is meant for learning purposes only. Invest your capital at your own risk.

johntradingwick

Hey everyone!👋 In this post, we'll delve deep into market structure, presenting insightful examples to enhance your understanding of this concept. Introduction: ✅ Market structure is a framework for comprehending the movements and behaviour of markets. In layman's terms, it is a basic form of understanding how markets move. ✅ It can be seen as the flow of the...

johntradingwick

Hey everyone!👋 Trading & investing is not easy. If it were, everyone would be rich. Here are a couple of time-honored tips to help you get back to basics. Lack of knowledge 📘 Many traders jump into the market without a thorough understanding of how it works and what it takes to be successful. As a result, they make costly mistakes and quickly lose money. ...

johntradingwick

Key highlights: - Possible selling climax at previous ATH. - ATH acting as a resistance. - Buyers seem to be exhausted. - Monthly demand zone 50-52k. - May head towards the demand zone in the next 2 quarters. Disclaimer: This is NOT investment advice. This post is meant for learning purposes only. Invest your capital at your own risk. Happy learning....

johntradingwick

Updated 

Hi all, hope you are trading well. It’s been a long time since I last posted. Apologies for that. 🙏 With all the buzz floating around Adani and let's see the charts from a technical perspective using supply demand, market structure, and basic S/R. Please note that I am not a fundamental analyst and hence not concerned with the underlying working structure of the...

johntradingwick

Key highlights: - Hovering near daily demand zone + swing level - Any lower move can trigger a sell-off to the weekly demand zone - A re-accumulation from the weekly demand zone seems like a good idea Disclaimer: This is NOT investment advice. This post is meant for learning purposes only. Invest your capital at your own risk. Happy learning. Cheers!...