Spic had Given breakout with good volumes one can expect 95-96 levels Target With SL of 76.5
Hello Fellow Traders, I hope That Everyone Follows This Forecast To make some big Profits! Here is a Full Updated Analysis & Forecast For XAUUSD. NOTES - ITS VERY DANGEROUS TO TRADE A RANGE OR CONSOLIDATION, IF YOU PREFER TO WAIT UNTIL THE RANGE IS BROKEN (UP OR DOWN) THEN THE MARKET WILL GIVE YOU A CLEAR DIRECTION The Best way to follow my Analysis is if...
* Good earnings in the recent quarters * Strong up trend in the recent years * Sector: Industrials - Marine Shipping * Relative Strength vs. Sector: 66.27 * Relative Strength vs. SP500: 15.88 * U/D Ratio: 1.21 * Distance from breakout buy point: 0.44% * Volume 48.37% above its 15 day avg. * Broke out of an ascending triangle and move ~32% higher from there before...
* Okay earnings * Strong up trend since 2019 * Sector: Industrials - Trucking * Relative Strength vs. Sector: 13.48 * Relative Strength vs. SP500: 12.37 * U/D Ratio: 1.21 * Base Depth: 39.33% * Distance from breakout buy point: 0.34% * Volume 24.81% above its 15 day average * Created a base on base pattern * Was trading in a tight range earlier before the...
* Solid earnings * Strong up trend * Pays dividends * Sector: Industrials - Railroads * Relative Strength vs. Sector: 1.83 * Relative Strength vs. SP500: 1.19 * U/D Ratio: 1.37 * Base Depth: 31.63% * Distance from breakout buy point: -3.17% * Volume 41.24% above its 15 day average Trade Idea: * Wait for a breakout from $32.5 * If it consolidates between $32.5...
Since Jun'21 gold was trading in a range. The range was broken on 14th February, retested on 15th and toda it's trading above previous 52 week high. This may be an opportunity for buyers of gold (mcx) and goldbees (nse). What do you think?
H4 - Higher highs. Bullish hidden divergence. Price respected a strong support zone and is bouncing higher. If we get a valid breakout above the top of the range we may then consider it as a validation for the bullish view.
BTC holds 37k last three days which gives slow progress to the upside. Breakout seems more possible! Volume has been raised constantly. If it keeps it between 38k 39k at the end of the day, a good signal to the upside. If so, 41k will be the rejection. Monday will be critical for the trading volume. Sunday is whales day so keep an eye on range trade with a small...
* Great earnings * Very strong up trend * High 3-month relative strength of 1.41 in the Healthcare sector * High U/D volume ratio of 1.51 * Breaking out of a very tight 3 week consolidation of ~3.85% with higher than average volume * If you have access to Volume Profiles you can see that the $113.04 area has tonnes of volume. * We can expect the $113.04 area to...
* Excellent earnings * Strong up trend in the long term * High 3-month relative strength of 2.61 in the Tech sector * High 50 day U/D ratio of 2.11 * Breaking out of a 3.31% range * During the consolidation the volume did dry up and as it started breaking out the volume picked up. Trade Idea: * You can enter now as the price is just breaking out of the tight...
CHESSUSDT is ranging between daily structures. IF the price is going g to have a breakout from the daily resistance, According to Plancton's strategy (check our Academy ), we can set a nice order ––––– Follow the Shrimp 🦐 Keep in mind. 🟣 Purple structure -> Monthly structure. 🔴 Red structure -> Weekly structure. 🔵 Blue structure -> Daily structure. 🟡...
EUR depreciating after a year and a half of staying within the same range, the fundamentals and technicals both point downward for the time being. Disclaimer: This is a risky and long-term holding position, you can stay in the red for months before getting in profit, however if you have discretionary skills and get in at the right time, you might be able to make...
* Okay earnings * General up trend * High 3-month relative strength of 4.02 in the Healthcare sector * Recently broke above the early 2020 highs of $31.48 with a break-away gap * Breaking out of a 20 day tight range with slightly higher than average volume * During this consolidation the volume was very steady with some spikes in buying. This shows institutional...
SHIB is consolidating after a massive rally , if it break 0.00007680 buy trade can be taken Trade plan : Buy after break of 0.00007680 TP1 : 0.00008851 TP2 : 0.00009666 SL :0.00006700
D1 - Price has reached a strong resistance zone. Potential bearish divergence. H1 - Bearish divergence. Lower lows. Price has broken below the bottom of the range. Currently it looks like a pullback is happening. Until the strong resistance zone holds I expect short term bearish moves to happen here.
D1 - Price has broken above the top of the range. No opposite signs. Expecting short term bullish moves to happen here. H4 - Bullish trend pattern. Currently it looks like a pullback is happening. Until both the key support zones hold my short term view remains bullish here.
share name : fortis health care reason for buy : - giving a huge breakout of range 2009-2021 consolidation period - round bottom can also be seen on charts - we can also see a retest on the charts - we can buy at current levels for the target of 360 with sl of 210