I think ASML will decline with the Elliot correction wave after today's financials. I think this correction could be up to $680-820 levels. There is a gap around $ 780, at least I think this gap will be filled. Every upward reaction in ASML above around $900 is an opportunity for a short position. As long as ASML remains below $1050, I plan to increase my...
NSE:TCS is soon to Fill-up their gap but there is a plot. As you can see the previous day was created as shooting star candle which indicate sellers would not allow to go price further and also you can see it has touched 61.8% of Fibonacci level at 3757. So both scenario strongly says that price could take reversal. But any Gap up above 3557 leads price up to...
We should fill the gap first before we have to prepare for another pullback. Right now the price is sitting on support - good entry position.
$AMP with $25 of filling the gap from the corona selloff.
This is a pretty important resistance for Venkeys. The stock has a tendency to retest 1000 levels. The last time such a retest happened, it broke out of an upper circuit spree. This time around, the candles do not inspire confidence as the most recent three indicate a fair bit of choppiness. Volumes appear to be fairly good and momentum seems sufficient to breach...
Here comes the acquisition of the year: Analog Devices is going to incorporate Maxim Integrated Products. My strategy is gap filling and jump to the local high. Target price is 73.50 USD.
We caught the trade from CAD JPY again as oil fell - and the market gap open. There was too many fundamentals affecting the push and looking at the monthly spikes - it was a perfect opportunity to short. It was almost a flash crash - serious money and losses are made today. Be safe out there. We have our next intra day move before we make ours. Be prepared...
PCG is an overlooked stock which suffered serious reputational damage during the Northern California Fires, (for which they were blamed). However the stock seems to have recovered and has quietly filled the gaping wounds from 6.15 to about 17.35; which is where it is at now. (I have marked the two major gaps with Blue Arrows). It is also demonstrating a Classic...