Aarti Industries Ltd manufactures and deals in Speciality Chemicals and Pharmaceuticals. Company has 21+ manufacturing units, 100+ products, 700+ domestic customers, 400+ export customers in 60+ countries with major presence in the USA, Europe, Japan, etc. Product Profile: a) Special Chemicals: Benzene, toluene, nitric acid, chlorine, methanol, aniline, sulphur,...
Could be a nice U Shape move here after the higher low.
Looking like a good retest of a previous resistance (IPO Date). Looking for a move up
I believe there will be bottom found soon and this will start to form a beautiful U shape recovery to form a delicious cup & handle
NASDAQ:MRNA technically setup for U-shape recovery and it has some positive news related to variants of the coronavirus in laboratory tests. The first resistance could be 169. Disclaimer: I"m NOT a financial advisor. All trades idea are shared for educational purposes only. All advice is based on technical and my own opinion.
Setup shows U shape recovery and stock trying to break out. A huge volume indicates the crowd is anticipating a breakout here. Then room to go around 169 as per measure move. Wait for breakout, retests and holds support to confirm. The only concern is on RSI is enter into the overbought area. Buy Area: 139 PT: 169 SL: 129.37 Disclaimer: I"m NOT a financial...
This sequence trade idea of the previous post mentioned in the related idea. It has a U shape (rather C&H) recovery from bottom 19.3 and its break resistance 34.34. As per calculation next resistance is 49.45 (34.41 + 19.37).
Pfizer have very strong support at 3950 One can take long position with 3900 stop loss on closing for target of 5000
The impossible "V-shaped" The year 2020, a bad memory quickly forgotten? No, warn more and more economists, alarmed by the violence of the shock in the first half. They expect a slow recovery, provided that a second wave of the new coronavirus does not strike. The IMF has also made it clear that, despite the expected rebound, world GDP in 2021 would come out cut...
By looking at the chart, it looks more similar a upside down mountain sloppy hill. Recognizing this kind of a change can allow traders to take profits and protect themselves from buying into an unfavorable market, or strategics to make money from falling prices by short-selling. The big question is that what will be the next move? So basically it has many...
The Trade: Wait for correction to around 1080 or below and buy in. Stop loss around 1029 (think about buying back in if we hit this) Target 1150. Discussion: Looking on the daily chart at mid range we can see that ICX is playing around with trying to define a bottom after a long period of losses. We can see that there was an inital pump that attempted...
Looks good for a u-shape breakout as indicators are pointing up. Nice rounded bottom looking to test the red line for resistance and possible selling point.
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