All details on the chart. Redline = SL Greenline = potential possibilities --- --- --- Trading is one of the most rewarding occupations. It is a rare combination of chart reading and self control. If one can master both, one might have an unbelievable edge over others in the Markets.
Wait for retest or ride the possibility of a trend with a strict stoploss. P.S.: one would find very little writeup on my posts as I firmly believe everything is on the charts...Price, Volume & Time.
All details on the chart. --- --- --- The market is a stern master that seldom tolerates the carelessness associated with trades born of desperation. - Stanley Druckenmiller
Wall Street never changes, the pockets change, the suckers change, the stocks change, but Wall Street never changes, because human nature never changes. - Jesse Livermore
Include in watchlist and wait for confirmed close above 54
This might become a probable winner provided it can sustain above 860 price level firmly. Above resistance levels are marked in blue, while stoploss can be considered as the redline. --- --- --- "There are only two primary ways we make money trading; catching a big price move with a small position or having a large position and catching a small move." - Bill Meehan
The stock needs to sustain above 50 SMA only then can the Cup & Handle pattern become a high probability of good returns vs the risk (SL below the handle). Keep in mind that the results (earnings) are scheduled for 2 August. Always trade with proper position size.
TimeFrame - Weekly Will enter only on retest around 475 - 480 price levels, for probable targets of around 650 “Complexity sells better.” Against that, “simplicity requires hard work to achieve it and education to appreciate it.” And not many investors would want to walk on that road less travelled. - Edsger Dijkstra
A trend is a trend But the question is, will it bend ? Will it alter it's course Through some unforeseen force And come to a premature end ? All details marked on the chart. Never trade without a stop loss.
Details on the chart. Will become very exciting when it goes above 275. One can enter a small quantity now and add more after 275 is conquered. Use a strict stoploss.
Previous resistance could become support, if the level is broken and price sustains above it. Never trade without a stop loss. Volatility is part of the game, and even our friend.
Clear breakout from a VCP pattern and also an ascending triangle, on a daily TF, creating a possibility of potential targets of upto 370 Never forget to put a stop loss.
HnS is usually having a high percentage of success. There seems to be a retest kind of pullback also. If the next few candles are green, one can safely trade with a small stop loss (at around 99) and a 1:2 target expectation. Having said that, since overall market is at ATH, best would be to trail aggressively once in profit.