It maybe too early to say but does that look like inverted cup & handle on weekly? It would be interesting to see if it breaks that with huge volume, incase it does I would not even touch ETHEREUM for a long period of time. I hope that isn't the case though..
Looks like ethereum has more weakness ahead, 1420 is likely to be reached in quick succession and on break of that, next will be 1300. For now it looks inevitable. So liquidate your longs if you have any. IMO!!
Afer a tiring run up, Now is the time for Adani enterprise to take a breather and then maybe continue on this continue upward, for now I'd go short Adani with SL above the consolidating channel!!
As DLF failed to sustain above the 400 levels the breakdown from these levels look imminent, I'd not go long until I see it down to 385 levels!! & Form another consolidation. I liquidated my long position today after it came back inside the channel. What Id like to see is breakdown and then another retest of 400 levels, a nice consolidation and then breakout....
Many year old trendline still intact if it is able to break ATH there's no stopping it from becoming a multibagger in a year to come!!!!
What a beautiful breakout by this gem of a stock. This monthly consolidation has given a nice breakout, & if things go normal. this can touch 700+ by the end or the coming new year. Fingers crossed!!!
A close above 8900 and it would be ready to reach the sky. I would start accumulating it in my portfolio right about NOW!
NIFTY auto is gearing up to fire on all cylinders and M&M is no different, consolidating in a parallel channel waiting for the breakout!!
The beautiful rounding cup has come to a breakout with a nice volume. This looks like a classic beginning of a sharp uptrend. IRCTC investors, sit tight.
A close above 165 would mean that NTPC will reach 185 in quick succession. The base looks solid and ready to move anytime!!
I repeat do not long BITCOIN, it's clear as day its making another bearish flag & it might test 18500 in a day or two!!
A very nice bull flag on MONTHLY, the breakout of this would bring at least 600+ in tata power.
Above the breakout of this consoldiation range TATA power has a long term target of 660+
This trendline has stayed intact all these years and judging by it, if ITC manages to take 368 out, it's heading for the sky.!!! I would take it long for a few years and expect a target of more than 1000.
This consolidation after breakdown is a bad news for btc fanboys, imo 14000 is coming sooon!!!
After a sharp downmove Ethereum is sliding and can slide further to 1450 where there's a good support.
At the downward channel, following the ascending channel with a small SL one can go long positionally for good returns in my opinion.
Yes. Netflix even after such a fall it's in an ascending channel so I would think twice before shorting it. It can help its investors make good bucks if held for long term.