Digital OCean has been on a bearish trend since Nov 21 Doing an simulation on the movement it seems the only way it can show some reversal signs is when it breaks the TASE:43 strong resistance If it does go that way it means it will be confirmation of 2 year running bear pattern and it can quickly fill gaps upside Entry @ HKEX:45 SL @ HKEX:40 TP :...
Double Bottom chart pattern identified Then neck line is at a strong resistance level of 114 If it crosses that resistance then the next target is 126
BTC is on a bear trend since 14 th April and looks like its not able to break through this channel Lets see how this goes
AMR 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
back to 2022 Jan Levels This is making a parabolic move making simple HH and HL have done a small projection as its quite difficult to spot a pattern in parabolic movements with short stop loss ride the train :)
Simply based on HH and HL forming a bullish channel Can be a road to recovery for the recent high peak of $90 Entry can be @ 75+ to be on safe side where Fib golden pocket is or if there is momentum then Entry @CMP or 70 SL @ 60 TP 1 @ 72 TP 2 @ 90
CRWD has been recommended as a fundamentally strong stock pick by SA Looking at the trend its following a very nice bullish channel . Based on that channel and it making simple HH and HL a path can be seen based on support/resistance Also from the last High of 204 drop to lowest of 91 , it can be seen entering the Fib golden pocket now which will confirm...
NKE breakout started happening on the news by FED or may be a short squeeze The next earnings are on 29 June The current technical breakout showing a movement which can see quick recovery to 128 Levels before earnings At the earnings it can potentially break the major resistance level of 128 Price levels @ 116 will confirm a fib golden pocket zone entry...
CRM has been runnning a very long term Bullish reversal pattern If we take previous High of 306 as the base of Fib retracement then we are right at the golden fib pocket which is confirming a bullish reversal After last good earnings it made a high of 224 and then made a low of 205 . Right now its in kind of a accumulating mode where 205 is being tested...
Simply making HH and HL based on the current tightly nitted channel it shows a good bullish path . Entry @ 38 TP @ 45 SL 35
TSLA is slowly creeping up back to its previous ways of making HH and HL If we stick to simple technical analysis of HH HL and Support Resistance Then its very simple The strong resistance of 215-217 has been broken finally and now the next resistance is 235 It will probably retest 215 to 217 or might even re-test 209 support levels But next stop is...
HLAL has now entered or in the Fib golden pocket This is a confirmation of a bullish reversal technically If there is a rejection then it can follow the path of previous Aug 2022 path . Lets hope it doesn't go there but the fundamentals are there to push it down to that path for e.g looming recession / further bank failures etc
SPUS or S&P500 is now entering the Golden pocket. This technically is confirmation of the bullish reversal we have all been waiting for The Dotted line shows the path if there is a rejection of this Fib golden pocket then the path can be like the one which happened in August where almost same levels were reached any correction at this level may be maximum...
DFM has been in a bear trend since April 2022 Currently if we assume that the bottom was 1.12 levels then according to fib golden pocket it will not be a Bullish reversal confirmation until it hits back 2.11 levels At the moment this bearish channel drawn also needs to be broken to make an assumption that yes now its making new Highs to come out of the bear...
ESHRAQ has been trading in a channel between 0.40 to 0.60 on an avg most of the times since June 2020 Unless and until it breaks the Resistance of 0.88 it looks like it will keep trading between those levels Right now if it breaks the resistance of 0.60-0.63 , It might travel to next resistance @ 0.72 and then come back to 0.40 levels that is pretty much it
It is a good entry point if it bounces from the channel bottom If it breaks the channel then we can expect some bearish run as the market overall is running a bear trend
May be there is a chance of this getting a bounce from the trend support line Or it can go back to the strong support of 3.05 to 3.07 Lets wait and see . This correction is not due to any news
Based on the last Volume heavy buying @ 125 Currently its bouncing from a very strong support zone of 115 to 117 after confirmation of bounce Entry @ 118 TP1 @ 125 As per FIB retracement it also looks like its on its way to a bullish reversal once its crosses the 131 level for long term investment Entry @ 135 TP @ 175