CUB is forming a symmetrical triangle pattern. Currently it is at a support and is most likely to give a breakout on the upside. It can be a good trade opportunity if the candle 6/7/21 crosses the previous day high.
Reliance is looking strong for coming days. Nifty recovered on friday and is also looking ready for the continuation of the uptrend. Reliance being highest weightage stock is Nifty might also show a nice upmove.
FMCG sector is performing good these days. HUL being the leader in FMCG sector might perform good in coming days. Buy when the given resistance breaks and then the stock retest the same area. Then put stoploss right below the retest candle and ride the trend.
Pharma sector is looking strong for coming days. So here I see a good buying opportunity in GRASIM.
My last update: "The Nasdaq is strong! The price continues to increase and we could see this movement continue up to 14225 points. Here I actually see the end of the wave and a correction up to the target should give us the opportunity to establish a position again. However, with that much power, we can also see a direct breakout. To do this, the price should...
Hi guys! VET is looking really good as it broke the previous down trend line, looks like it's aheading a new ATH!
AT&T's price is close to the major support. If we break it, we are going lower. I recommend BUY close to $28.44 with SL or wait for a lower price. ENTRY LEVELS LONG: $28.44 - be CAREFUL - we can go lower $27.70 $26.50 - STRONG BUY
NIO received a PT upgrade of 80.3 this morning by Nomura. It has a nice descending triangle on the 4h/Daily chart and it looks like today might be the day to breakout. NIO like Tsla has been cooling off for the last week or two. With EV market being what it is I think NIO can make a move back to 61 lvl in the next two weeks. I will be watching todays price action...
02 October 2020 Tesco PLC. Price Could be Approaching Potential Weekly Area of Demand. One to Watch, For Long Bias. Tesco PLC, is a British Multinational groceries and general merchandise retailer. LSE:TSCO
ETHUSD has Bullish Pennant formation Wait for breakout with high volume
USDCHF reached 50% fib level and confluence with support area, buy opportunity
Support level now reached, suggesting a bullish push into the 1.41000 level.
Hoping for EURUSD to spike through the resistance level and reach 1.11500 as a long target. However, this also may retrace to 1.07000 if a reversal pattern occurs after this big bullish move.
I am expecting the stock price to up go a little bit and then a pullback. After, the real move might take place. Trade with caution!