Bullish potential detected for INGEntry conditions:
(i) higher share price for ASX:ING along with swing up of indicators such as DMI/RSI, and
(ii) observation of market reaction at the resistance level at $3.30 (from the open of 18th February) after closing above 50 day and 200 day MAs.
Stop loss for the trade would be, dependent
Inghams Group Limited | Chart & Forecast SummaryKey Indicators On Trade Set Up In General
1. Push Set Up
2. Range Set up
3. Break & Retest Set Up
Notes On Session
# Inghams Group Limited
- Double Formation
* Retracement Numbered | Completed Survey
* Pattern Confirmation | No trade | Subdivision 1
- Triple Formation
* 3.00 AUD | Area Of Value |
ING.ASX_CPR Breakdown_ShortENTRY: 3.34
SL: 3.50
TP: 3.17
- ADX<20. Would like it to be higher.
- RSI>30,RSI<50
- Daily RS +ve
- Daily FFI -ve
- Daily MACD -ve
- Weekly RS -ve
- Weekly FFI -ve
- Weekly MACD -ve
- Broke down from trendline and ichimoku cloud on 18 Feb 2022.
- Subsequently retraced but doesn't look successful o
Possible Gap up on #ING.ING has an Ascending Triangle that has formed since early December. With price finally breaking and producing a hammer on the new support level. There is however a potential for a fake out, therefore, it is important to place the buy order in a position that reflects this risk. With the massive gap
Inghams Group (ING) Potential for 13% gap upING getting squeezed tight into this corner, RSI holding above 50 showing change to bullish bias. Possible 13% profit if it breaks and gaps up.
Entry: $3.30 - Just above short term resistance/ breakout line
Target: $3.75 - 13.64%, this area is the top of the gap
Stop Loss: $3.07 - 6% stop loss as t
$ING - INGHAMS CHICKENS - Anticipating growth$ING - INGHAMS GROUP LIMITED
Nice steady performing share setting up for more growth.
ING have been buying back their own shares and the bots rate them a strong buy so who am I to argue. It is a pretty heavily shorted stock, but I'm happy to bet against them.
Might be a little pull back short te
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Displays a symbol's price movements over previous years to identify recurring trends.