Creating a nice base near highs Volume contraction Negative: EMA's Flatting which means the price is lacks momentum Caution: Overall market conditions are highly volatile which can impact the trade idea
Creating a nice base near highs Volume contraction Negative: EMA's Flatting which means the price is lacks momentum Caution: Overall market conditions are highly volatile which can impact the trade idea
Price showing momentum Creating a contraction near the previous swing high Caution: Overall market conditions are highly volatile which can impact the trade idea
Price is showing momentum Need a little more basing Volume activity is really good Caution: Overall market conditions are highly volatile which can impact the trade idea
Price is currently in Stage 2 and forming a base near ATH. Price is being followed by 20 EMA. Thus, showing momentum. Need a contraction near highs at a smaller TF to execute an entry.
After correction stock formed really good base with volume guttering now it's giving volume spike at resistance if it break it and sustain aboue it. Than it will be really good setup.iys fir education purpose only. Am will be not liable for your any lose.
While it is to early to suggest, that price is prone to the break-out above 2.60 pivot. It fine to acknowledge this potential, due to favourable price and volume profile. Notice the prevalence of good weekly closes on a substantial pick-up in volume in comparison with down weeks being on much lesser volume week by week. It is yet to early to suggest the three...
UPWK has been forming a base with neckline around 14.50 -15.35. Upon earnings announcement yesterday, it gapped up decisively on huge volume, rising a crazy 44%, and closing right at neckline. What is clear is that it could be near the end of its base building and could begin to start trending up in the coming weeks. The entry is tricky now due to its oversized...
A number of small stocks have been rising of late and some have started to break out of their bases. ROKU has been forming a Base since late last year and began to cross above it's 200 day moving average steadily since 2nd June. It is now trading right at a basing neckline @ 75 and a break up is probably only a matter of time now. Whether the break will come...
GOOG hit into a long term support zone (83-85) on 3 Nov22 and began to form complex basing formation in the past 5 months (with some similarities to Wyckoff Accumulation Pattern). It now appears to be getting close to embarking on a more sustainable uptrend in the near future, perhaps Earnings expected on 24th of this month could be the catalyst? Signs favoring...
HELLO FRIENDS, Today I am sharing the possible ELLIOT WAVE counts of BHARTI AIRTEL on monthly, weekly and daily time frames. Bharti Airtel is in wave (5th) of 3rd wave of bigger impulse wave 12345. Generally as per ELLIOT WAVE guidelines, bigger wave 3 may go up-to 1.618 of fib levels which is around 1060 on spot chart and also shown in the charts given...
ALGN gapped up strongly on Earnings beat during its last earning on 1st Feb23. It then subsequently corrected and partially closed the gap, finding support eventually @ 297 the previous neckline region (now tuned support) and also right at the 38.2% fib retracement of the big recent upswing AB. Since it's last Earnings, the stock had been wedging in a range but...
SE hit it's lowest point on 9 Nov22, several days before an earnings beat pushed gapedthe stock up strongly. However the rebound since had been volatile until another earnings beat on 7 Mar23 gapped the stock up strongly again, this time well above it's 200 day Moving Averae, and a Golden Cross materialised a few days later. The Gap that happened this time had...
Hindustan Petrol Corporation Limited (HPCL) looking great as per its structure. Base formation similar to Inverse Head & Shoulder. Also its major support from where it made a new high is likely to act as a major area of support.( Left hand side marked with blue arrow on charts) Will hold it till the levels of 300 if the trade goes in our favor. Stop loss below...