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Ground

W-shape recovery - horizontal channel scenariosOh my, so many questions... let's beginn on thursday: I think that if we see a rebound early in the day, it might hold up to form this beautiful 'W' shape -OR- it breaks out completely ON. A. FRIDAY. But this might be just too far fetched these days.. IF the 'W' forms though, this gives at least somewhat of a ground. Will be tested next week then -.- If the W does not form on thursday morning, we'll see anew low in a downwards channel (idea linked)
U
by ulfkirsten1234567
Buy Highground Enterprise for short termBuy CMP with SL below Kijun. As can be seen the price has entered the cloud and would be eager to test whether it can move above the cloud. Nonetheless there is a good RR available at CMP till the price touches the Senkou B in 20-22 range. There is a massive uptick in the AD line, and stock price is at a level above nifty 50, since its major top and positive divergence in terms of HH in Highground and flat movement in Nifty 50. Happy Trading / Investing Best Regards Shamoil
HLong
by ShamoilShabbir
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MLong
by WBM_Team
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