Birla Cable Limited (Formerly known as Birla Ericsson Optical Limited) is a premier company in the field of Telecommunication Cables, which offers one of widest portfolio of Copper and Fibre Optic cables under its umbrella. The negative aspect of the company is high promoter stock pledging, decline in net profit and fall in profit margin of the company. The...
FUNDAMENTAL BACK-DROP *Imho, if there was ever a time to expect fireworks, it's right now. *Weekend trading session for the next ~2 days. Institutions and majority of players are offline for Christmas day and/or weekend. Perfect environment for fuckery. *US holidays, and Christmas in particular, are proven to be powerful market events. (Often see pivots in...
What do you use your weekends for? The Forex markets are closed, but your mind shouldn't be. This time is best used reviewing and learning about the week before. Take this trade for example, it had it all-5min Buy range, Change of character, BOS, 1min buy range, pull back to the equilibrium, pull back to range impulsive move. This happened later Friday night my...
- P/E : @ 40 .93 .Third highest reading since "1875"!!! Tops land. " Usually bottom of crashes not tops". - SPX's Dividend Yield: @ 1.45 Possible target is 1.10 2000's bottom !!! US10Y @ 1.666 historically 10y note underperforming SPX in April & it has a sideway movements in April as well. - Insiders: 6 Sell, 2 Buy. No up date on the website, still April 1st...
- P/E : @ 40.93 .Third highest reading since "1875"!!! Tops land. " Usually bottom of crashes not tops". - SPX's Dividend Yield: @ 1.45 Possible target is 1.10 2000's bottom !!! US10Y @ 1.672 " Exactly like last " - Insiders: 6 Sell, 2 Buy. Selling is down from 137. No activity here what so ever. Are they waiting !!! - Seasonality: April is the best month of the...
Hello traders, could form a double top . I’m predicting top divergence on 3hr . Looks like these predictions could happen the next following week . Thanks for reading!
ALRN had some weekend news. Will be interesting to see if it can break above a near-two-year resistance level. I didn't show it all the way back to November of 2018 but if you take the chart out further, you can see this level holding as resistance. "Saturday, the company announced new positive clinical data from its ongoing Phase 1b trial. The trial...
An ending diagonal in the c wave of a flat pattern. hope everyone had a profitable week.
Should we wait for a third touch at 1 b or should we sell at 1 a Two possible outcomes now
This is to warn you. Be a little bit careful here on BTC right now. The weekends have not been bright recently. Notice how every time the price went down in the weekend (weekend marked by the yellow lines on the chart), except for the weekend of the 23rd of February. Also, notice how the volatility increasess every time directly after coming out of the weekend....
SMP TRADING SELF DEVELOPMENT/METHODOLOGY/PSYCHOLOGY SMP Strategy Chart time frame - H4 Timeframe - 2-3 Days Market Direction : Long Position A – Activating Event Market will meet resistance in zone @ current levels - ... . In order to enter into this trade, the pair MUST be in line with my Entry Procedure.... B – Beliefs Market will move towards the...
Looks like the buyer's may be stepping up here. Would like it to clear the most recent high's!
Not Overbought, would like to see a consolidation here.
Coming into resistance, 1st the Fib resistance, then the most recent high's. Has some work to do to get back to ATH's
Coming into a little resistance, may need to consolidate her. Not quite overbought yet.