RKFORGE potential breakout POSITIVE POINTS:-
Strong buying Force.
Trading in a narrow range.
High relative strength.
Took support from 50EMA & now above 20EMA.
Volume contraction & institutional footprints visible.
NEGATIVE POINTS:-
Overall market condition is not favorable for breakout trading. Key indices are near 50EMA, there could be a potential break down in the coming days. No follow through moves were seen in last few days.
Narrowrange
Take OffVaccinating is go-ahead and British are one of the leaders. If everything goes well then England will be opened first and this view makes me the thing that British stock will rebound first and better.
Here is one of them. The IAG(Internationa Consolidation Airlines) is getting better by higher highs from low of Oktober. The consolidation from November seems optimistic and the exploration should come after the narrowing. I expect to see a huge upside momentum. We will see.
This forecast was created to support you, but you have to make your trading decisions independently! As nobody sees the future, I recommend you that always apply risk management during your trading!
British stand up first!?Vaccinating is go-ahead and British are one of the leaders. If everything goes well then England will be opened first and this view makes me the thing that British stock will rebound first and better.
Here is one of them. The Cineworld is getting better by higher highs from low of Oktober. The consolidation from November seems optimistic and the exploration should come after the narrowing. I expect to see a huge upside momentum. We will see.
This forecast was created to support you, but you have to make your trading decisions independently! As nobody sees the future, I recommend you that always apply risk management during your trading!
Updated Tezos Chart - Still optimisticImmediate suppression/protection channel has narrowed. Breakout is imminent, one way or the other.
Added probable trade strategies here based on current conditions, but things may change and also I probably won't open a position unless a breakout is backed with non-spikey volume.
Still watching these things:
* Short-term upward channel
* Visible suppression
* Visible support zone
* Historic/presumed hidden support area
EicherMOT Intraday Bullish Due to Narrow CPRToday Eicher motor have Narrow CPR which mean this stock will trade in a direct .
Anyone can track narrow CPR in stock and Long or short for a big profit.
Please follow me for Narrow CPR stock for future time
I will share more Narrow CPR stocks one day before for intraday trading
WAVES super narrow channelWhen Bollinger bands sqeeze into Keltner channel it means that a huge move is coming. I'm not ready to give any predictions for direction in this bear market, but in this situation we can put a tight SL and secure the risks, while potential for good profits is still very good. We may see spike towards 2800 which is ~9-10% profit.