1. Trend - Bullish 2. PSU sector bullish 3. Fresh Breakout - Possible 4. Pattern: Big rounding bottom
For the past couple of Weeks - Gold is falling in the International Market. We all know that Commercial 22k Gold needs Copper to make it stronger, but here we are seeing Copper Turning Gold by itself... Hindustan Copper is all set to rewrite history... Technical Analysis: Weekly: Beautiful Cup & Handle BO completed on Weekly with targets of 320, 370 Monthly:...
Inventure - A leading provider of investment advisory service and distributes financial products like mutual funds, insurance products, etc. The stock turned Multi-bagged when it multipled from 0.80 / Share to 6.75 / share in a matter of 22 months. Now - after a perfect 0.786 retracement on the Fibonacci scale - it is all set to beat its earlier bull run. Here...
Hi. The rounding bottom that started in June 2023 formed on price chart, suggesting $CETUS is positioned for an upward price breakout✈️ 🤑Stay awesome my friends. _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ ✅Thank you, and for more ideas, hit ❤️Like❤️ and 🌟Follow🌟! ⚠️Things can change... The markets are always changing and even with all...
Ever since Vodafone IDEA made headlines breaking out of the 20% circuit limit to 25% - there has been Rumors & Speculations on different lines a) Govt converting their debt into Equity b) Govt Planning to sell stake to Elon Musk's Starlink c) Amazon, Verizon in talks with Idea for potential takeover d) Idea declining the above speculations.... We need to...
20-Dec-2023 - Voltas - Multi-Bullish Patterns Weekly - I can see atleast 3 Bullish Patterns 1. Rounding Bottom BO done above 928, Target 1117 2. Double Bottom around 740 levels - Target 1050 3. Bullish Ascending Triangle - BO done Predictions become accurate when multiple patterns work In-Sync.
🏃♂️ USDCHF has been moving in the Descending channel for a long time, but USDCHF started to increase by hitting the 🟡 Price Reversal Zone(PRZ) 🟡and managed to form a Rounding Bottom Pattern . 🔔I expect USDCHF to move at least to the upper line of the descending channel and possibly break the descending channel as well. U.S.Dollar/Swiss Franc ( USDCHF...
In the intricate world of market patterns, OKB appears to be retracing familiar footsteps, echoing fractals of its past movements. A closer look suggests the formation of patterns reminiscent of a previous significant breakout. Let's delve into the current landscape of OKB and the potential for another explosive move. Chart Analysis: Unveiling the...
NMDC has breakout the 11 years resistance Forming rounding bottom on the chat the short term Target will be around 210 also it can go above till 350 for long term can stay invested until u doesn't get any sell signal . Try to buy on dips
I see a rounding bottom forming since 1987!!!, Japan is in big trouble if this pulls off. We are trading at an important resistance 151 level. Probably we see a pull back to the 145-146 level and then the pair may try a massive break out. I don't know what to think about this, we could see a big shift in the world economy in the near future.
1. Trend: Accumulation 2. Trade set up: Breakout 3. Strength: strong 4. RR: 1:8.75
Rounding bottom or/and double bottom over the uptrend trendline. Price broke put the upper vertex and now testing. Just opened a long position, there is a lot of support underneath, I don't think is going roll back down. Is most likely to keep going higher.
Nice rounding bottom, consolidating since April 2022. Is trading just above the support after testing it, good entry point. I just opened a long position, it could time several weeks to reach the target but the risk and reward is good. There is a lot of support underneath. I like this trade.
Price is trading at a strong support zone. Is holding the bullish pattern very well. I see a lot of potential to the upside according to past behavior. Now, it could take a few more weeks to climb higher, this is a 2 weeks chart. I already have a long position and sold same covered calls while I wait for the bulls to show up. I'm adding next week and wirting more calls.
Probable rounding bottom TP 1 & TP 2 both are lucrative compare to risk 1:7 RR trade probable set up
Downtrend channel was broken up. Price is testing the new support. Good time to open a long position. SL below the previous green candle, triggers if a red daily candle closes under it. On the other hand we have a rounding bottom, not a big one but was enough to break out the channel.
The stock has made a rounding bottom for a while, it has given a breakout from the neckline now positioning itself ready for a good upside with a favorable risk-to-reward ratio. Entry - Between 5370-5375 Stop Loss - Below 5145 Target - 5900
The rounded bottom was formed since February 2022. The price attempted to break the downtrend line but was pushed towards the support. I don't think all this trouble with forming a rounded bottom for 18 months will go away so quickly. I think I will try again and break that trend line starting in May 2021. It will be a long haul, but if you jump in now you...