ABCD pattern will be in play once 113 is Crossed & Sustained Cup & Handle Pattern will be in play once 99 is Crossed & Sustained However, Sustaining 93 on Weekly basis would be a positive sign
the best configuration ever to get prepared to take a long position on UNITED ELECTRONIC CO
The stock has retraced to complete W-4 at Fib 0.618 golden ratio. It is on the way to the fifth wave. Watch out for the upcoming resistance. Wave -5 could be a failure so when getting on the target just before that, it may some aggressive selling. Everything I present here is for educational purposes, and it is not a recommendation for selling or buying.
4003 United Electronics CO. (Saudi Market - TASI) Elliot Wave and trend It is not Buy or Sell Recommendation
The current price action exhibits an uptrend, characterized by successive higher highs and higher lows. Notably, when the price touches 200 day SMA, it rebounds upward, establishing new highs. In the recent trading session, the price concluded at 81.1 following a decline of 0.5 SAR. The entry level is identified at 81, with a target set at the previous high that...
no entry at that point we can enter at confirmation when pentrating the area shown in the video
4003 appears to be following dow theory and is making higher highs (HH) and higher lows (HL). Previously it was in a downtrend channel and currently it is in uptrend channel. Currently it has taken support from bottom of the channel and candles formation is like 3 white soldiers which is also bullish. The trading levels are mentioned on chart.
trade plan Buy: CMP until 76.7 Sell: 79.3 (4%) SL: 74.7 (2%) RRR: 1:2
we have a big potential that price will able to be for buyers depending on this pattern( double bottom) but we should wait for a confirmation
Descending Parallel Channel Coninues Leg reaching descending channel top will be ride for Long position Trade as per Stop loss
The stock closed the gap and reentered the channel with increased profit reported for this quarter compared to similiar quarter from previous year
hello freinds this chart we shows that this market will know a downtrend on next days when i recommend selling with a fort probability if you have any questions you can write it in commentaire below and i will answer them and please don't forget to support this ideas with your like and comment thank you cordialy
United Electronics Company extra 4003 United Electronics Company
Hammer Candle and Negative Divergence of RSI on Tops going down for a bit, needs to cool down
Please share with me your thoughts, Regards.