Approaching oversold conditions on the weekly graph.
TA also suggests signs of next wave formation.
Although, recent acquisitions could give a boost in the perceived value by the market.(Arago and Cast)
Hit the top resistance and retraced back ~22%.
wait for the channel breakout(green)
and trade in the flag pattern. watch out for the resistance marked in...
Weak RSI and incomplete last motive wave, irrespective good fundamentals make it for a good buy for a true holder.
Expect this to trade flat for a few weeks while people take profits.
Wait for it to reach the buy zone depicted in red.
Entry Price: below 1780(check technicals again when we are here, i will update the idea soon)
Stop: 1651
Take profits:...
RSI approaching oversold conditions. feeble signs of an upcoming trend trend reversal post truncation at the bottom(5).
Wait for confirmation till wedge breakout.
Buy:441
Stop:408
take profit:
493
533
568
672
1000(long term)
AARTIIND in the bullish channel.
Oversold conditions reached on a weekly graph testify for the upcoming price action prediction.
Buy:1215
Stop: 1045
Take Profit:
1560
1903
(Others: Strong Buyback history last one at ~1150)
Check news and update in comments.
Although a promising long term buy.
RSI approaching oversold conditions.
Moil currently getting into a stochastic correction.(Look for the local peaks and troughs)
the price action would always follow Stoch.
Oscillators suggesting strong signs of next motive wave formation. However, the last motive wave pulled back below the last corrective wave,
Possible...
Approaching oversold conditions.
Wave 3 pulled back beyond motive wave 1 termination. suggesting a truncated wave 5 and a temporary trend reversal.
Although this stock is a good long in Stoch correction. look for the local peaks and lows.
A possible explanation could be the high div. yield ~5%++
In any case, it is wise to wait till it snaps out of the stock...
RSI Depicting oversold conditions. strong support at ~520.
approaching crossover on a weekly scale. Strong Signs of an upcoming Bull run.
Take Profits:
640
730
900
1045
RSI at a monthly and weekly overbought
truncation achieved at the current bottom implying strong signs of a trend reversal.
Short term Targets:(rounded off)
724
800
Longer term:
900
Approaching the next buy target of 85.
Wait for the buy signal at that target.
RSI approaching oversold on a weekly scale.
AO approaching crossover. may form elliot motive wave 1.
Take Profits:
105
125 (strong resistance)
155
178
Ended a extended elliot wave 3 now in truncated wave 5: ending below the termination of wave 3, on top.
implying an ABC correction and a trend reversal.
