An inverse head and shoulders pattern is a technical analysis pattern commonly used by traders to identify potential bullish reversals in the price of an asset. It consists of three troughs with the middle trough (the head) being lower than the other two (the shoulders), resembling the shape of a head and shoulders flipped upside down. Here's how it typically...
HCAR offering a nice multi-trade option on the AB-CD reversal pattern.
🚀 Stock Alert: HCAR 📈 Investment View: Technically Bullish 📈 🔍 Quick Info: 📈 Buying Range : 320-330 🎯 First Target : 344 🎯 Second Target : 388 ⚠ Stop Loss: 288 ⏳ Nature of Trade: Mid Term 📉 Risk Level: Medium ☪ Shariah Compliant: YES 💰 Dividend Paying: NO 📰 Technical View: The price action is currently pulling back after the break out from its previous...
Those who think they have missed the rally, wait for the re-test of breakout level around 288 - 290. Sustaining 290 will lead it to 358 - 369 initially. However, last 2 Hourly candles is Tweezer Bottom; another hope for Upside; and if it Crosses 340, next target would be around 360 - 369. Stock is Bullish on All Time Frames but Bearish Divergences are also...
Hcar is forming a bullish flag pattern rsi is synchronized with the price but adx and di+ are falling along with that bollingers are contracting too so if the price goes ABv 325 buy it with sl below 300 and 339 initial targets and 365 main targets.
Hcar rsi bearish divergence and now synchronized, now there is a bullish flag pattern with an entry at the price of 339 and sl at 315.
HCAR can continue its parallel channel. Continuation till 172 is possible if the price action acts bullish in the market
The stock is currently in an uptrend making higher highs and higher lows and gives closing at 315.71. Initial resistance lies around 340 upon surpassing this level potentially driving the stock towards the next resistance level of 370. On the flip side, support is defined in a range of 287-290. Any dip to these levels could be viewed as a buying opportunity. Use...
🚀 Stock Market Update 📈 HCAR Analysis: Recent Performance: HCAR has recently hit 256, achieving all targets. Current Outlook: RSI: Extremely bullish. Bollinger Bands: Expanding, signaling a bullish trend continuation. Trade Recommendation: Action: Buy HCAR at current rates. Target: Sell at 272-275. Stop Loss: Below 252, closing basis only. Happy trading! 🌟
Hcar trading in bullish Trend.buy/support range 230-232, 238-241 selling range if crosses then next trade will open at 242 for targets of 253-255. Sl below at 225 closing basis.
This chart portrays the accumulation phase, so with support and resistance technique, it is time to take entry.
If 190 is Broken, Bullish ABCD Pattern will be in play with Target around 170
Currently at a Good Support Level However, it needs to Cross & Sustain 240 for the Target of 285 - 289
The price action has been consistently demonstrating rejection over the course of the past three consecutive days. Anticipation of a pullback is warranted from the support level of 200, which also signifies a crucial test of its ascending trend line. Positioned as a significant barrier, the resistance level rests at 240; a breach of this level may herald further...
HCAR Buy from specified levels (0.5 FIB , trendline support intact ) SL , TP mention in chart
Buy Above 233 TP1 around 242 - 244 TP2 around 250 Stoploss 218 (Closing basis)
Following a pullback from the support level at 190.30, serving as the neckline in the head and shoulders pattern, the price now faces resistance in the range of 239-241 for the right shoulder. A break above this range could lead to a test of the upper trend line near 280. Conversely, a sustained break below the neckline would confirm the completion of the bearish...
Support1 : 228 - 229 Support2 : 208 - 210 Wait for few Bullish Candles on these levels first; Don't Rush to Jump-in Resistance1 : 238 - 240 Resistance2 : 247 - 249 195 is an Important Level that should Not be Broken! Otherwise, We may expect Trend Reversal.