Americana Americana more likely good to buy and hold it for long period investment.
As you see the FIb shows where the discount price area to buy and shows the high price above 50% of fib as premium price which is good to sell.
6015 trade ideas
Buy Bullish Divergence on Daily as well
as Weekly TF.
Double Bottom Formation.
Buy Above 2.95 (if Sustained)
Sell around 3.25 - 3.30
Stoploss 2.60 (Closing basis)
Americana to around 4The stock is preparing for a strong move up to above 4.. absorption completed .
6015| Americana RestaurantsAmericana Restaurants
Getting ready for departure!
Targets at: 3.5> 3.70>3.90>4.0>4.20>4.50
Good luck!
6015🚀 Stock Alert: 6015
📈 Investment View: Technically Bullish 📈
🔍 Quick Info:
📈 Entry Range: 3.00 - 3.05
🎯 First Targets : 3.25
🎯 First Targets : 3.50
⚠ Stop Loss: 2.90
⏳ Nature of Trade: Short Term (Scalping)
📉 Risk Level: Medium
📰 Technical View: Bullish divergence with RSI is observed in its price action. Long position can be considered with the stop loss below 2.90.
Bulls are here to STAYAmericana performed very well after they released the news about distributing dividends. Investors got excited in Wednesday's session and bought it in big volumes. Best part is in Fridays session when volumes are usually low and people book profits we didn't see any deeps correction it just touched 3.22 and again buying pressure came in.
For now Americana is still in a strong downtrend we cannot confirm a trend reversal just with one green candle spike. For now immediate resistance is at 3.35-3.40 zone once this is taken out then major resistance is at 4.10 coming week Americana will be in spotlight so lets see if its sustains or give up the gains.
Hit like & follow guys ;)
AMRICANA RESTURANTHey traders, here is the analysi.
If you guys like my analysis please hit like👍 and follow.
Thanks.
DISCLAIMER- This is not financial advice.
SMART MONEY CONCEPT
Americana
Target of C is either 2.87 or 2.68
But the worst scenario is that the third possibility targets 2.49, because if it breaks its historical bottom of 2.66, its overall upward cycle will fail, of which we still hope that the top of 4.54 was a great first wave.
6015| Americana Restaurants InternationalAmericana Restaurants International
Continues to uptrend
Levels to watch for:
S1: 3.25 and R1: 3.68
The next target is 3.65 SR, then 3.95 SR.
Good luck!
Americana will pick upFor now due to the geo political situation Americana is under pressure as people are boycotting the products but i think once the storm is settled we will see a boom in this stock. We can see some buying coming in already at 3.30 area i think price wants to come down to fill up the gap and then we may see a new leg to the upside. For now lets wait for some volumes at current levels to get a indication.
Hit like & follow guys ;)
Bulls are here!!No doubt americana is in a strong uptrend, those who bought at the bottom area or at the support zone watch out the resistance zone as we might see some profit booking soon.
Hit like & follow guys ;)
AMR channel identifiedAMR trading channel is identified
There has been few breakouts but then it comes back to the channel boundaries
Lets see if it follows the channel
6015 AMRICANA RESTOURENT 6015Hey traders, here is the analysi.
If you guys like my analysis please hit like👍 and follow.
Thanks.
DISCLAIMER- This is not financial advice.
SMART MONEY CONCEPT
IDENTIFY LIQUIDITY OR BECOME LIQUIDITY.
What Next?After the big announcement of dividends we saw a breakout as i had mentioned earlier but looks like it was a fake breakout!! it could not sustain the gains and todays closing is negative. Next support area is around 3.75 lets see how it performs coming week. On the other side I think it will soon give us buying opportunity so lets "stalk" this stock.
Hit like & follow guys ;)
Great chance for 6015 near important levelAmericana company was listed in Tasi market last couple months. It have an minor impulse wave ended last week. Now, I see a correction ABC targeting 3.33 for Americana. On that level ( depending of the market way ) I see a golden chance to go long targeting 5.5-6 as a third impulse wave.
By Gann's methods I see 7th Mar and 23Mar are important dates.
AMRICANA RESTOURENT 6015Hey traders, here is the analysi.
If you guys like my analysis please hit like👍 and follow.
Thanks.
DISCLAIMER- This is not financial advice.
SMART MONEY CONCEPT
