Hemisphere turning Double Sphere :)
Hemisphere Properties from the Realty Sector is in limelight recently. An interesting Technical pattern is in the making
1. Around 160 levels, the price has formed a Double Bottom pattern on Daily Timeframe and broke out of its neckline as well confirming the pattern
2. Also from 235 down to 160, there is an interesting "Double" Inverted Head and Shoulders pattern formed. The earlier Inv H&S pattern could not breakout, but this time, the price decisively broke out of the neckline above 220 levels and today it is blasting over 4.5%
Just the name is "Semi", but all Pattern are "Double" to get you blasting returns :)
If the price is able to sustain above 233 by end of day (July 15), then targets are 265, 325
Disclaimer:
3+ Years Teaching Experience in Stock Market - Technical Analysis, Behaviour Analysis, Advanced Patterns, Emotional Management, News based Trading...
We are NOT SEBI Registered and Our focus is NOT providing Buy/Sell Recommendations/calls. Primary Objective is to provide detailed analysis of how to review a chart, explain multi-timeframe views purely for Educational Purposes.
We strongly suggest our followers to "Learn to Ride the Tide irrespective of its Side"
*** Important *** Consult your Financial Advisors before taking any positions
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-Team Stocks-n-Trends
1. Around 160 levels, the price has formed a Double Bottom pattern on Daily Timeframe and broke out of its neckline as well confirming the pattern
2. Also from 235 down to 160, there is an interesting "Double" Inverted Head and Shoulders pattern formed. The earlier Inv H&S pattern could not breakout, but this time, the price decisively broke out of the neckline above 220 levels and today it is blasting over 4.5%
Just the name is "Semi", but all Pattern are "Double" to get you blasting returns :)
If the price is able to sustain above 233 by end of day (July 15), then targets are 265, 325
Disclaimer:
3+ Years Teaching Experience in Stock Market - Technical Analysis, Behaviour Analysis, Advanced Patterns, Emotional Management, News based Trading...
We are NOT SEBI Registered and Our focus is NOT providing Buy/Sell Recommendations/calls. Primary Objective is to provide detailed analysis of how to review a chart, explain multi-timeframe views purely for Educational Purposes.
We strongly suggest our followers to "Learn to Ride the Tide irrespective of its Side"
*** Important *** Consult your Financial Advisors before taking any positions
If you like our detailed analysis, please do rate us with your Likes, Boost and share your comments
-Team Stocks-n-Trends
Disclaimer
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