Technical Pattern :: Inverted Head & Shoulder Key Resistance :: 660 has become a crucial resistance which it is not able to break and sustain. It is again approaching the same level. Possibility and Possible Move :: If this time is sustains (Successful Breakout and a retracement) then It can continue it's log time trend. (Bullish --> confirmed by a Pole and Flag...
Stock is moving in this rising wedge. Currently is at support level of the wedge From here if it breaks and sustains the weekly High, then it can continue its journey for Upper band. DISC: Not a buy or sell advice. Please consult your financial advisor before making any decision.
Stock currently showing classical RSI Divergence case where price has made a Lower Low and lower high on Major support zone but at the same time RSI is making HH and HL. This can be a major turning point for stock to start up-moving only in case if it continues to make HH and HL. RSI divergence is just a price behavior indicator which give indication of demand...
Classical inverted H&S Pattern Structure can be seen in this script. Following points can be considered here before taking any decision: 1. over all Trend is uptrend. 2. Pattern: Bullish IH&S(After healthy Consolidation) Or Inside bar or multiple Resistance BO or Cup and Handle 3. Good Fundamentals 4. over all market structure is also bullish. DISC: For...
Stock has made an inverted H&S Pattern on Weekly TF which indicates the bullishness in the stock. Key resistance levels are still not taken out which requires a closing above 615 level. Stock may touch its ATH after sustaining above 615 levels. DISC: Only for educational purposes.
TechM has created inverted H&S pattern on hourly TF. Confirmation can be done via a candle closing above 1115 level for target of 1145/1150 DISC: Please consult your advisor before any investment.