CVS - 6.18% Profit Potential - Ascending TriangleCareful - I will wait for earnings before placing this order.
Ascending Triangle formed after a 6-month correction and a recent run. Betting on last month's momentum run.
Good risk-reward ratio and target set at a potential formation of a 6-month resistance line.
- Target Entry: $77.80
- Target Stop Loss: $75.91
- Target Exit: $82.51
- Risk / Reward Ratio: 2.49
About me
- Note that I tend to adjust stop losses in order to secure profits early and preserve capital. This means that the target price is going to be achieved as long as there are no strong pullbacks that trigger my new adjusted stop loss
Swingtradingsetup
Gujarat ambuja exports: Stock for short termSl - 148
Can we bought half quantity now and the other half after the retracement.
Volume are increasing on breakout which is a good sign .
Fundamentally good stock to focus on.
Only quality stocks are shared here. I focus on quality ONLY.
Shoot up your queries in comment section.
NTR - 7.85% Profit Potential - Ascending TriangleNTR is a fairly volatile stock. Keep this in mind when you trade it. The risk can be higher.
While an Ascending Triangle has clearly formed, the price hasn't confirmed the support line yet. However, the risk exposure is minimal and it might be worth a shot.
- Target Entry: $59.11
- Target Stop Loss: $58.18
- Target Exit: $63.66
- Risk / Reward Ratio: 4.89
About me
- Note that I tend to adjust stop losses in order to secure profits early and preserve capital. This means that the target price is going to be achieved as long as there are no strong pullbacks that trigger my new adjusted stop loss
BK - 7.90% Potential Profit - Bullish PennantThe level of confidence in this trade is moderate. While I like this setup, I am not fully convinced about the target price.
Bullish pennant formed after a 6-month bull run, betting on momentum keeping going.
- Target Entry: $50.32
- Target Stop Loss: $49.34
- Target Exit: $54.22
- Risk / Reward Ratio: 3.98
About me
- Note that I tend to adjust stop losses in order to secure profits early and preserve capital. This means that the target price is going to be achieved as long as there are no strong pullbacks that trigger my new adjusted stop loss
IDFC LTD: 13 years long term channel pattern 🚀 100%RETURN IDFCBUY 45-55
Target 70,95,120
SL 40
POST YOUR QUERY IN COMMENT SECTION
SYK - 8.74% Profit Potential - Bullish PennantBullish Pennant formed on a 1-year bull run.
Great risk-reward ratio and target set at a potential formation of a 3-year resistance line.
- Target Entry $251.97
- Target Stop Loss $246.26
- Target Exit $280.85
About me
- Note that I tend to adjust stop losses in order to secure profits early and preserve capital. This means that the target price is going to be achieved as long as there are no strong pullbacks that trigger my new adjusted stop loss
Is The Bearish Doji On The Daily Calling For A Sell?What a beautiful ride up. But now it's time to do a pullback. A bearish doji was created are the daily level and it's in the overbought zone with the RSI on the daily timeframe as well. I'm wondering if will make it to my weekly level at 152.725and then will we come tumbling down? Or will we just go ahead and start right away? Only the market can tell us. I have intraday TPs mixed with my swing targets this week. That's why there are so many TPs.
BULL TPs:
• 152.246
• 152.725
If it can get pass this weekly level, I'll target these other TPs'
• 152.966
• 153.288
• 153.822
BEAR TPs:
• 151.290
• 151.290
• 151.012
• 150.695
• 150.363
• 149.994
• 149.704
Multi-Wick Rejection Offf The Weekly Level Can Lead To ShortThis is a very jittery uptrend. And there are a lot of which rejections on my weekly area around 1.94408. I can see this from the daily timeframe. This could mean that we're getting ready for a short and if any reversals are possible, it will happen later part of the week. For now, my targets will be targeting daily levels from both sides. So less he had a market plays out.
BULL TPs:
• 1.94408
• 1.94950
• 1.96092
BEAT TPs:
• 1.93297
• 1.92725
• 1.92020
• 1.91514
• 1.91065
Short XAU/USD (swingtrade)Damnn guys! Are we going for over 90% success rate on this channel? :))
Intraday long on XAU/USD was off by a couple of pips, but if anybody followed the signal then nice profits should have been secured with trailing stop loss (1757>1755). Now we're back to the original short swing signal posted last week. Aiming for a TP somewhere in the 1600-1570 zone.
Now, I would be lying if I said I caught the move. I may be good at technical analysis, but I still struggle with personal psychology. You would've been more likely to benefit from my signals than I did until this point (not trusting myself, pulling out too early, entering too late etc). Thought I'd be a little vulnerable so all my traders who ended up in loss this week feel a little better!
AMZN - 17.96% Profit Potential - Bullish PennantBullish Pennant formed after a 5-month correction. Multiple new support confirmation over the past few days and price that resisted the news of Bezos leaving the company.
I am fairly optimistic on this trade, as I particularly like the chart and the risk/reward ratio. This means that I will allocate more capital than usual.
- Target Entry $3329.12
- Target Stop Loss $3270.00
- Target Exit $3884.42
About me
- P/L Oct-Dec-Jan Trading Suspended | September +49.18% | August +232.32% | No Trades without Analysis
- Note that I tend to adjust stop losses in order to secure profits early and preserve capital. This means that the target price is going to be achieved as long as there are no strong pullbacks that trigger my new adjusted stop loss
Swing trade - BUY - AXELooking for a swing trade for a couple of days, I like this stock because it had a pull back, volume bar look good as well and MACD was on my side as well. Furthermore, the market cap is 153m with a 185 million float, so the stock is going to move. Got in at 76.5 cents with 1250 shares a stop lost of 68 cents. Then it was moving towards my favour and I through I will put a trailing stop and of course it hit it. So made a profit of $44, I think swing trading is the way to go for me.
Stratasys (SSYS) Swing TradingIntroduction : After rushing up vertically, 3d-printing stock Stratasys is currently moving sideways with a tendency for further gains, which is however not yet confirmed and opens up possibilities for swing-trading in rather short timeframes.
Analysis : The midterm-upward trend has been left, with the last highs forming a slightly downward moving resistance which is currently being tested. A triangle is formed, taken into account the short-term downward trend that was created when leaving the mid-term upward trend. The distance between both trendlines currently amounts to roughly 11 percent, opening up short- and long opportunities.
Idea :
- Shorties might issue an order at the current price level (45.90) with the aim to take profit at 42.39, where a rebound seems likely due to further resistance. In this case, a stop-loss should be placed slightly above 46.49 (e.g. at 47.00), as an outbreak beyond this level, else, could lead to significant losses.
- Alternatively (or subsequently) traders might wait and seek for a a long-position at 42.39, aiming to take profit at 45.90 in an expected rebound.
- Depending on risk propensity, long-investors might further consider a second tranche to be bought at 40.56 with a tight stop-loss placed at below 39.01.
- Alternatively, a stop-loss at 40.56 makes sense (to allow some volatility on the way upwards, which is expected due to the likely rebound).
HPQ - 14.95% Potential Profit - Ascending TriangleAscending triangle formed after a 9-month modest rally. Multiple new support confirmation over the past few days.
Support has been broken in a few occasions. However, I still feel that the risk/reward ratio is acceptable.
- Target Entry $24.30
- Target Stop Loss $23.81
- Target Exit $28.01
About me
- P/L: Oct-Nov-Dec Trading Suspended | September +49.18% | August: +232.32% | No Trades without Analysis
- Note that I tend to adjust stop losses in order to secure profits early and preserve capital. This means that the target price is going to be achieved as long as there are no strong pullbacks that trigger my new adjusted stop loss
CMG - 13.50% Potential Profit - Ascending TriangleAscending triangle formed after a 9-month monster rally followed by a correction period. Price seems to have graduated from its uncertainty and ready to keep that rally going.
Support held strong in the past two weeks and I feel that the risk/reward ratio is excellent on this trade. Positive vaccine news could act as a catalyst.
- Target Entry $1406.15
- Target Stop Loss $1384.94
- Target Exit $1598.50
About me
- P/L: Oct-Nov-Dec Trading Suspended | September +49.18% | August: +232.32% | No Trades without Analysis
- Note that I tend to adjust stop losses in order to secure profits early and preserve capital. This means that the target price is going to be achieved as long as there are no strong pullbacks that trigger my new adjusted stop loss
SWING TRADE STRONG STOCK AARTI INDUTRIES BUY AARTI INDUSTRIES IN DIPS NOW 1023.30 SL 980 (ON CLOSING BASES ) TARGETS 1200
STRONG STOCKS ON STRONG SUPPORT AS TRENDLINE (LOW RISK HIGH REWARD TRADE)
Over the last 5 years, net income has grown at a yearly rate of 21.09%, vs industry avg of 8.53%
Over the last 5 years, revenue has grown at a yearly rate of 7.54%, vs industry avg of 4.05%
Over the last 5 years, market share increased from 8.4% to 9.31%
$IEA Huge Swing Idea If $IEA close above the yellow Lins on weekly frame with big volume it could be good long swing .