Posted this study a couple times. Failed Harmonic Shark. Price corrected and took support at 100 DMA. Price now is reaching the crucial resistance zone. It is possible that a breakout may occur in a couple of days.
Have posted this study. Price is reaching the resistance level which coincides with a probable formation of Shark Pattern. Logical target is earmarked. Strong bullish stocks do correct, since traders book profit. It does not mean that trend has changed. Correction in price and trend change are not to be confused. Smart traders will wait with lot of patience for...
What a chart! What a trend! No explanation required. It is buy on dips. And booking profits. Wait for dips to buy again. Anything simpler than this?
The short and mi term EMA's are bunched and long term EMA's are moving upwards, IHNS pattern is formed. Enter once it breaks the neckline
Buy Above 943 or near 938 with SL below 936. Targets are highlighted on Chart ie 970 and 1000+
Mid term EMA looks to be 50D If it breaks the trend line support on CBSL, enter once the price is around 50D EMA.
Mid term EMA looks to be 50D. If it breaks the trend line support on CBSL, enter once the price is around 50D EMA.
SELL AT 1556 FOR TARGET OF 1500 STOP 1610