#BERGERPAINT - Entry on Retest of 800 Target 860 Stoploss 775 ( weekly close) Risk / Reward - 1 : 2.2 Retest highly likely considering Daily RSI at 45 and generally bottoms out at 30. Since mid-May 2021, stock has not had a daily close below 785 with buying emerging at those levels, and expect the same to continue
#SEQUENT - weekly close below 210 stock can retest 190 RSI bottoming on weekly / daily chart yet to happen as well
Negative candle shunting that started from 262 has stopped after touching low of 213. This was followed by appearance of a positive momentum candle, post which the on daily charts one can observe higher lows.
#JBCHEM reversal to retest ATH has started after consolidating for a month Entry -1670 -1680 stoploss - 1620 Target - 1873 / 1938 Risk Reward - t1 - 1:3 Risk Reward - t2 - 1:4
Reversal in progress for retest of 930 ( 4/sep/21) the negative candle shunting which brought the stock from 930-760 has been halted and reversal has started. Entry - 800 Support - 780 ( appearance of first positive momentum candle after Indecision candles were formed with lows of 760) Stoploss - 764 Target 1- 863 ( closing basis ) Target 3 - 930 (...