Good for buyIts at very nice level as we can see it broke the neck line that was resistance which will now act as a support level. Clearly in thursdays session it came back for a retest and have taken a bounce. Tomorrow most likely it will push to the upside next hurdle is at 0.290 bullish mode!!
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UPP
StrugglingIts been trying hard but it comes back to the support level which is now very weak as its been tested again and again. Today again it have taken a bounce from the same support level no confirmation yet we can call it bullish when it will clear the solid technical resistance level of 0.280 levels. Till thn keep stalking!!
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BullishIt have tested the same level 0.264 four times now. We are seeing a bullish candlesticks right at the support level. If you have entered the trade first target is 0.280 for now. Still the trend is to the downside. In order to start a uptrend it have to cross 0.280 with a solid green candle in this case we will see a new high and it will cross the previous swing high. A small retracement again which should be a higher low and contiune to the upside this will be a proper bullish price action. For now its good for intraday trading!!
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Good for buyThis is one of my favorite stock i have been stalking this one for quiet a time now. Right at the support we can see 2 bullish hammer candles. If over all market is positive i think this one is ready to fly. My trade plan to buy this - if it opens with a gap i will buy when it comes down, if it opens flat i will buy immediately, it it opens down i will not trade i will wait for the price action for a confirmation. Looks very bullish to me!!
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Weak SupportIf a particular support level is tested again and again clearly it becomes weaker and eventually it breaksdown. UPP have to move away from this level quickly as this level of 0.278 to 0.280 is been tested so many times and it can break to the down side. It looks bearish to be as of now.
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News and tanked!!The news was so good that the stock jumped more than 10% but very next day it started to drop. Its at a very important level now, remember 0.285 it was strong resistance the same level will act as support now. Lets see if it can hold and we can see some nice candlestick patterns to enter the trade. Keep stalking!!
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Power HouseFantastic performance today they disclosed financial results and it just exploded to the upside. Next target and resistance at 0.320 and support is at 0.300 tomorrow most likely it will open with a gap up as more buyers would want to enter the trade building buying pressure. If you want to enter the trade let it come back for profit booking when you see a bullish signal in lower time frame enter the trade. Very bullish now !!
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Perfect BounceIt have taken a bounce from a important support level we can see a nice sold green candle closing indicating buyers have got activated at this level. I think journey till 0.285 looks safe i have entered at 0.265 with a stop loss of 0.260 and target is obviously 0.285. In a downtrend but i have taken a trade based on support level. Quick entry and quick exit in play!!
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Perfect DojiMarket is still indecisive about UPP, we are seeing a perfect doji right at 200ema. I want to buy this stock but waiting for it to cross the resistance level of 0.307 once it crosses we can say that the trend have shifted and now ready to buy. Till thn stalk this one.
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UPP Very Good SetupAs i have been mentioning that UPP is getting interesting i have identified 3 bullish signals and with the positive news around it the stock will make a big move to the upside very soon. If you are a aggresive buyer its good time to enter, i would still like to play it safe and enter once it crosses 0.307 so till thn stalking it.
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UPP Still StrugglingI think this stock will soon fly to the upside its stuck right at the support level that is at 200ema as of now. They will have a meetin gon 29th regarding the offer they have received once they announce it and officially declare this stock will move up and there are good chances of doing a limit up. I am stalking this one closely.
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3 indicationsWe can see 3 indications here that we can all as bullsih first its have broken the trendline, second there is a bullish divergence and third we saw a candlestick pattern - piercing candle. There is a big news that will be coming out on 29th or 30th of this month which is very positive. No trades on this one yet! lets patiently wait for the news and how the market is reacting to it. I think it will shoot up!
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UPP Bullish Divergence?I can see a bullish divergence and today it have made a bullish candle stick patter - piercing candle. Still i am not ready to enter as i think it can be very choppy. I am waiting for it to cross 0.310 that will be confirmation as it will take out the previous swing high and also start to make a higher high bullish patter. Till thn stalking ;)
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UPP Bullish DivergenceIts getting interesting, firstly it have broken the trend line and secondly i have seen a bullish divergence this occurs at the end of a downtrend. I have still not entered the trade i am stalking this one and waiting for a nice setup once it crosses 0.310 as its tricky and take a U turn anytime. So lets keep an eye on this one.
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UPPIt still looks good as today it made a doji candle there are good chances it can retest 0.300 as it is very important level. However if it does not come back to 0.300 it will rocket to the next resistance level very fast. We have seen the shift in the momentum now and its looking good. I am waiting for it to cross 0.310. Looking Bullish now!
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UPP Nice Surprise Nice closing today, surely more upside expected and its very good for a trade. I have previously burnt my hands on this one so i will be very cautious this time i want the price to cross atleast 0.310 level and i will enter the trade. New momentum have started and fresh buying is seen on this one. Lets ride it this time !
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Union PropertiesThis stock have disappointed me, i think it have gone really bearish from here onwards. It broke the triangle and retested the very next day and today it opened with a gap down and also closed in red. If this is confirmed more downside expected and it will drop till 0.275 lets stalk this one and no trades till its bullish.
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UPPI think it will continue to consolidate within the triangle range atleast for another 2 weeks and thn eventually give a breakout to either of the direction. What can we do till thn? easy way to trade is buy at the lower range of triangle and sell at upper range. It means we are trading in range. Till the breakout just STALK IT!!
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