HINDCOPPER LongNSE:HINDCOPPER1! looking strong at this point with the formation of Cup Handle pattern with justified volume support.
Obviously the SL point is too much but for that I would say this is the price level we can expect in down market.
Disclaimer: This is the idea I am sharing for knowledge purpose for me and others and not for recommendation purpose.
Mediumlongterm
DIA - Horizontal Trend Channel🔹DIA is breakout horizontal trend channel in the medium long term.
🔹DIA has marginally broken up through resistance at 341.
🔹Overall assessed as technically POSITIVE for the medium long term.
Chart Pattern;
🔹DT - Double Top | BEARISH | 🔴
🔹DB - Double Bottom | BULLISH | 🟢
🔹HNS - Head & Shoulder | BEARISH | 🔴
🔹REC - Rectangle | 🔵
🔹iHNS - inverse head & Shoulder | BULLISH | 🟢
Verify it first and believe later.
WavePoint ❤️
NCLH - Rising Trend Channel [MID TERM]🔹NCLH is in a rising trend channel in the medium long term.
🔹Rectangle formation between support at 12.56 and resistance at 17.87.
🔹Break upwards through 18.00 dollar will be a positive signal.
🔹Short term momentum is strongly positive with RSI above 70.
🔹Overall assessed as technically slightly positive for the medium long term.
Chart Pattern;
🔹DT - Double Top | BEARISH | 🔴
🔹DB - Double Bottom | BULLISH | 🟢
🔹HNS - Head & Shoulder | BEARISH | 🔴
🔹REC - Rectangle | 🔵
🔹iHNS - inverse head & Shoulder | BULLISH | 🟢
Verify it first and believe later.
WavePoint ❤️
HSI - Falling Trend Channel [MID TERM]🔹HSI is in a falling trend channel in the medium long term.
🔹An inverse head and shoulders formation is under development.
🔹Break upwards through 19400 will be a positive signal.
🔹Overall assessed as technically slightly negative for the medium long term.
Chart Pattern;
🔹DT - Double Top | BEARISH | 🔴
🔹DB - Double Bottom | BULLISH | 🟢
🔹HNS - Head & Shoulder | BEARISH | 🔴
🔹REC - Rectangle | 🔵
🔹iHNS - inverse head & Shoulder | BULLISH | 🟢
Verify it first and believe later.
WavePoint ❤️
ZS - Falling Trend Channel [MID TERM]🔹ZS has broken the ceiling of the falling trend in the medium long term, which indicates a slower initial falling rate.
🔹ZS has broken up through resistance at 142.
🔹In case of negative reactions, there will now be support at 142.
🔹RSI above 70 shows that the stock has strong positive momentum in the short term.
🔹Overall assessed as technically positive for the medium long term.
Chart Pattern;
🔹DT - Double Top | BEARISH | 🔴
🔹DB - Double Bottom | BULLISH | 🟢
🔹HNS - Head & Shoulder | BEARISH | 🔴
🔹REC - Rectangle | 🔵
🔹iHNS - inverse head & Shoulder | BULLISH | 🟢
Verify it first and believe later.
WavePoint ❤️
CRM- Rising Trend Channel [MID TERM]🔹CRM is in a rising trend channel in the medium long term.
🔹There is no resistance in the price chart and further rise is indicated.
🔹In case of a negative reaction, the stock has support at approximately 190.
🔹CRM is assessed as technically positive for the medium long term.
Chart Pattern;
🔹DT - Double Top | BEARISH | 🔴
🔹DB - Double Bottom | BULLISH | 🟢
🔹HNS - Head & Shoulder | BEARISH | 🔴
🔹REC - Rectangle | 🔵
🔹iHNS - inverse head & Shoulder | BULLISH | 🟢
Verify it first and believe later.
WavePoint ❤️
AI - Rising Trend Channel [MID TERM]🔹AI shows strong development within a rising trend channel in the medium long term.
🔹AI has broken a resistance level and given a positive signal for the long-term trading range.
🔹There is no resistance in the price chart and further rise is indicated.
🔹In case of a negative reaction, the stock has support at approximately 34.
🔹RSI is above 70 after a good price increase the past weeks.
🔹Overall assessed as technically positive for the medium long term.
Chart Pattern;
🔹DT - Double Top | BEARISH | 🔴
🔹DB - Double Bottom | BULLISH | 🟢
🔹HNS - Head & Shoulder | BEARISH | 🔴
🔹REC - Rectangle | 🔵
🔹iHNS - inverse head & Shoulder | BULLISH | 🟢
Verify it first and believe later.
WavePoint ❤️
NU - Breakout Horizontal Trend Channel🔹Horizontal trend channel in the medium long term is broken up.
🔹RSI is above 70 after a good price increase the past weeks..
🔹The RSI curve shows a rising trend, which could be an early signal of the start of a rising trend for the price as well.
🔹Overall assessed as technically positive for the medium long term.
Chart Pattern;
🔹DT - Double Top | BEARISH | 🔴
🔹DB - Double Bottom | BULLISH | 🟢
🔹HNS - Head & Shoulder | BEARISH | 🔴
🔹REC - Rectangle | 🔵
🔹iHNS - inverse head & Shoulder | BULLISH | 🟢
Verify it first and believe later.
WavePoint ❤️
AMZN - Breakout Rising Trend Channel🔹AMZN has broken the rising trend up in the medium long term.
🔹The moving average indicator has also given a positive signal.
🔹AMZN has support at 113 and resistance at 136.
🔹Overall assessed as technically positive for the medium long term.
Chart Pattern;
🔹DT - Double Top | BEARISH | 🔴
🔹DB - Double Bottom | BULLISH | 🟢
🔹HNS - Head & Shoulder | BEARISH | 🔴
🔹REC - Rectangle | 🔵
🔹iHNS - inverse head & Shoulder | BULLISH | 🟢
Verify it first and believe later.
WavePoint ❤️
HSI - Falling Trend Channel [MID TERM]- HSI is in a falling trend channel in the medium long term.
- This shows that investors over time have sold at lower prices to get out of the index, and indicates negative development for the market.
- An inverse head and shoulders formation is under development.
- A decisive break of the resistance at 20786, ideally with an increase in volume, signals a further rise.
- HSI is between support at points 19400 and resistance at points 20800.
- Overall assessed as technically slightly negative for the medium long term
*EP: Enter Price, SL: Support, TP: Take Profit, CL: Cut Loss, TF: Time Frame, RST: Resistance, RTS: Resistance to be Support LT TP: Long Term Target Price
*Chart Pattern:
DT - Double Top | BEARISH | RED
DB - Double Bottom | BULLISH | GREEN
HNS - Head & Shoulder | BEARISH | RED
REC - Rectangle | BLUE
iHNS - inverse head & Shoulder | BULLISH | GREEN
Verify it first and believe later.
WavePoint ❤️
ON - Rising Trend Channel [MID TERM]- ON is in a rising trend channel in the medium long term.
- The stock has broken up through resistance at 76.00.
- In case of negative reactions, there will now be support at 76.00.
- The stock is assessed as technically positive for the medium long term
*EP: Enter Price, SL: Support, TP: Take Profit, CL: Cut Loss, TF: Time Frame, RST: Resistance, RTS: Resistance to be Support LT TP: Long Term Target Price
*Chart Pattern:
DT - Double Top | BEARISH | RED
DB - Double Bottom | BULLISH | GREEN
HNS - Head & Shoulder | BEARISH | RED
REC - Rectangle | BLUE
iHNS - inverse head & Shoulder | BULLISH | GREEN
Verify it first and believe later.
WavePoint ❤️