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Alltimehigh

W Bottom to Momentum Run Example: CATWeekly Chart of CAT: this is one of the Dow components that is nearing its previous all-time high resistance levels. It is one of the first few Dow 30 stocks to challenge prior all-time high prices. Caterpillar Inc. has been running with momentum that will now pause or stall at this level. Now, watch to see which support level holds as profit-taking continues. This is NOT a trading range but an intermediate-term correction ending with a W bottom. Important to note the differences. A bottom after a correction tends to set up for momentum runs that can sustain longer than they do within a trading range.
NYSE:CAT
by MarthaStokesCMT-TechniTrader
1
ADANI WILMAR, GOOD SUPPORT.the stock has given about 175% approx returns in just 7 months. it could be possible that, it could hold onto this support, and then start moving, but now its good time to buy. stock has been in a good rally, and i dont see, it will go down, and nullify the rally. i dont see further fall in the stock, and going more lower to its supports. the stock is just holding onto its support line, and may go up in some time. TARGET: 875(27%APPROX) STOCK WILL BE REACHING ITS ALL TIME HIGH.
NSE:AWLLong
by raghavchoudhary2016
2
Marching towards All Time High & fall shown possible strengths.Axis Bank took solid support around 710 ( support treandline from 2015 and it got broke nly 2 out of ~10 instances and those 2 are Mar'20, apr-may'22). Stated reversing towards resistance trendline around 830 (ATH) with next levels as 770,830 in 4-6 weeks once break above with volumes then rallycango till 1000 or if rejected at resistance then 770, 730 levels are. Key. Positive side due to the stock did fall around 10% but took support on longest trendline. Note: This is the educational purpose and not for recommendations at all.
NSE:AXISBANKLong
by Naresh_NM
Adani Ports - Going to hit ATH? Strong on chartsScript: Adani Ports Nifty50 Stock : YES Sector : Ports PE Value : 43 Results : Results published on 8th Aug, Revenue 12% up but earning/profit was 30% down. Previous quarter result earnings was also 30% down which doesn't look good. Financials to be checked to understand their expenses/investments. ATH (all time high) - 925 Adani ports is looking strong on charts. Weekly chart : It hit bottom of 652 back in June and then keep moving higher up and hit ATH 925 recently. Daily chart : RSI is above 70, High volume appeared, getting momentum! Closing above 900. Looking good so far! As per OI , 900 appears to be major resistance which has been tested multiple times this year hence getting weaker and may get broken soon. Heavy call writing seen both at 900 & 920. Call writers @900 will get stuck if it sustains above 900 and will start running for cover if crosses 925. 9th Sept 2022 closing is above 900, may gap up on Monday and could trigger major short covering next week or by end of this month if market remains positive which is very likely. Immediate targets would be 998, 1044. If sustains above these levels then we could see it hitting 1097 & 1200 as well. *** For F&O - Always hedge your position or keep SL in the system *** Play Safe! Protect your Capital! ***
NSE:ADANIPORTSLong
by UnknownUnicorn24770148
1
Butterfly Complete Near All Time High! Butterfly completed on OIL close to the all time high/HTF supply zone, price currently rejecting has broken internal structure, but i want to see price come up and mitigate that supply zone/continue to fail the same level before taking sells, i was going to sell the breakout as OIL moves fast but again to risky as it can also pullback super fast, waiting for more confirmation (Failed highs/wyckoff etc) Probably see a spring or some manipulation into those highs before price decides to reverse (If it does) Let me know your thoughts! * Disclaimer ** These ideas I never trade until the end target with my initial lots, I focused on high probable entries with higher lots and use a specific partial taking strategy giving me a very high win rate and take most of my profits very early, I only leave a small % of my capital to run the entire trade. On the flip side im constantly monitoring LTF momentum and will close early if things change, these analysis's are for research purposes only.
TVC:USOILShort
by benalistarfx
1