Wait for a confirmed close above 1815 to enter the trade. --- --- --- Dreams don't work, unless you do.
Greenline BO = Buy time Redline = Strict SL Blueline = Possible target, but use trailing SL. --- --- --- No act of kindness, No matter how small, is ever wasted. - AESOP
All levels are marked on the chart itself. Take a proper position size and use trailing SL. --- --- --- Don't judge each day by the harvest you reap but by the seeds that you plant. - Robert Stevenson
Greenline = BO Redline = SL Blueline = Possible potential of the move. --- --- --- Watch the Head, Trade the Body, Leave the Tail Alone. - Gustave LeBon
Follow simple rules. Redline = SL Greenline = BO Blueline = Possibility
Redline = SL Greenline = Entry (sustaining above it) Blueline = Target (possibility, trailing sl advisable to protect profits) --- --- --- --- There’s no escaping risk: However smart and experienced an investor/trader you are, there is no escaping risk while in the stock market. “When you decide to put your money to work to build long-term wealth, you are not...
Don't take trading (profit/loss) too seriously. Nothing ever happened the way we expect. Overthinking is a waste of time and energy. Just stick to a process.
Greenline = BO Redline = SL Blueline = blue sky potential after this. Blue Sky means no resistance from the left side of the chart. All Time Highs.
Only a clear BO above 760 will make the pattern active. Keep an eye on the higher low formation and the same needs to continue for the trend to carry on its momentum. --- --- --- Stocks take the stairs up and the elevator down !!!
Green Line = Potential target Red Line = Sl Never trade without a stoploss. --- --- --- The price of the stock is the only true indicator of developments in the Company and market in general. A stock's price backed by volumes, has factored in all the knowns, unknowns, dreams, and impulses of all those who are in the market. That is why my charts are as clean as...
Once it can clear above 334-335 then swift move towards 365-370 is possible. Dont forget the stoploss at 295 --- --- --- "Success is not final, failure is not fatal: it is the courage to continue that counts" - Winston Churchill
The chart seems to be indicating price compression within a symmetrical triangle pattern. If the price sustains, could rise to the next resistance level and above. Always use stoploss (around 60 in this case). Possible target of 75 and 85
The overall trend is positive as the stock is clearly taking support at the 50 SMA and is above 200 SMA. The Breakout (out of the box) needs to sustain, and the stop loss is affordable. Probability seems good that the trend could continue. Time Frame = Daily However, this is stock market and anything can happen. Always be ready to take a small loss and exit the...
The price breached an ascending triangle pattern and is above its ATH price. It was locked in upper circuit on Friday close. Always trade with proper position sizing and put a stoploss in the system.
Interesting pattern a month before earnings/results. It should BO above Friday close only then can it become a good entry. SL at 79 should prove decent RR.
The price must sustain above 900 to confirm the pattern BO. Anything before that would be impulsive. How many of us would let the trade develop and wait patiently for the BO to happen ? 90% of us or 10% ... Trading is not very well suited to impulsive behavior. "Every day I go in without an opinion, and let the market tell me where it wants to go. Opinions are...
> Is there any major support or resistance nearby > Am I trading in the direction of the trend > What is my stop loss & target > Is there any major Economic news or Event that can impact the trade > Am I fine emotionally to make a Decision
One can use 50 SMA for trailing SL and ride the trend. --- --- --- “My only sound reason for buying a stock is that it is rising in price. If that is happening, no other reason is required. If that is not happening, no other reason is worth considering.” - Nicholas Darvas