UPL about to break out of ascending triangle pattern on an hourly chart with negative OI suggesting short covering. Good Risk:Reward Could be bought with mentioned stoploss & targets.
APOLLOTYRE fut broke out of triangle pattern on daily charts with decrease in OI suggesting short covering. Excellent Risk Reward. Could be bought with mentioned stoploss & target.
Hello Traders and Investors, today I will take a look at Intel . -------- Explanation of my video analysis: In the beginning of 2023 Intel stock retested a multi year long horizontal structure at the $26 level. Here Intel created bullish confirmation and took off, creating a crazy rally of +100% within a couple of months. Then we saw a false breakout towards...
There’s no beating around the bush - the fundamentals for corn remain bearish ahead of Thursday’s USDA report. Last month, USDA caught many by surprise revising ‘23 corn yields to record-highs of 177.3 bushels per acre. Since then, corn futures have continuously grinded lower. But, could a short-covering rally be in the offing soon? Per the last CFTC...
we are long on us market on cmp 32550-32650 on our green zone expected target - 33500 stoploss @32450 or 2 days daily candle closed below this level then only we can exit rest in all conditions we are on long side
AMD has been in a bear market since December 1st, 2022. For those of you who took a short position, you have had to endure three major short-covering rallies. The first short-covering rally which began on December 12th may have made you reconsider your decision to short in the first place, and you probably got out at some point. But when is the best time to get...
Nifty intraday buying opportunity at retest go long with a small sl of 10-12 rs target 1:2 1:3 1:4
Platinum has been trending lower for more than four months, the March peak, and is finally showing signs of a potential bottom. Yesterday's whipsaw helped complete the right shoulder of an inverse head and shoulders pattern. Upon doing that, it also back-tested the trend line from its June peak, holding it as support perfectly. The large range consolidation over...
Positive divergence formed on RSI and it managed to close above Fib retracement 1.41 level but it has a minor resistance around 557 and once it clears that, 595-600 would open up. Disc: Not a sebi registered adviser
Trade Idea: Buying GBPUSD Reasoning: Month end, week end, short covering rally set to occur. Entry Level: 1.2544 Take Profit Level: 1.2830 Stop Loss: 1.2488 Risk/Reward: 5.23:1 Disclaimer – Signal Centre. Please be reminded – you alone are responsible for your trading – both gains and losses. There is a very high degree of risk involved in trading....
1. Wish showing some stability around $2.50 2. Possible short covering to make up for losses in other positions by the shorts acting as a floor 3. Possible bottom since the company is trading close to 0.8-1 expected sales for 2022 & possible break-even by the first Q 4. CEO must be announced upcoming week or the next 5. Technicals looking good with multiple...
$HOOD looking for a very aggressive bounce out of this falling wedge setup, the stock has declined from 85 trading at 18 with shorts piled in the sp will be quick to squeeze higher out of demand we're forming. Still in range so be patient but when it gets going im targeting a move to 25 quickly, from there we can base and expect higher in my opinion. Feb calls a...
A big bounce is imminent on $TGT here in the next few days to weeks, the stock has declined significantly in a brief amount of time and is now showing inside candles representing balance, a push over 221 will take us screaming higher. Short covers bring the excess liquidity, strong numbers represented by Target this holiday season is a contributing factor why we...
Traders I know this last move was a surprise to all of us but we need to remember that historically this is normal and very mild. In the last bull market BTC had over 7 20 % or larger drawdowns. Its imperative that markets have shakeouts to reset funding in order to climb to new highs. I posted about 12 hours before the big move down that I felt strongly that...
Extremely High Risk Trade Maruti Suzuki Auto Heavy Weigh In Nifty 50 And Sensex 30 Index Showing Divergence on stochastic Indicator Inverse Head And Shoulder Formation On weekly Chart. If Gaps up to traps the bear, Shortcovering can be seen in this counter. Do u your own analysis before trading
Buy ETFMG Alternative Harvest (MJ.US) ETFMG Alternative Harvest ETF is an exchange-traded fund incorporated in the USA. The Fund seeks total return performance of the Prime Alternative Harvest Index, which tracks companies likely to benefit from the increasing global acceptance of various uses of the cannabis plant. Market Cap: $764Million Cannabis stocks...
Considerable volumes are made at important level.. can show good breakout
BitMex First Short Covering Levels. Perfect Short !