LoveForCharts

LoveForCharts

Hi, let's look at the weekly charts for Starbucks Corp with the symbol of SBUX. I like looking at Weekly charts because it reduces the noise and help us to concentrate on the overall trend the market in the intermediate and short term. Starbucks is following a 23 week cycle and I expect the next cycle low to be around 28th of April 2020. Cycle low can happen one...

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SWKS looks great on weekly charts in a strong move. we are testing the upward momentum line that I have drawn and I think this week should give us a good buying opportunity Buy zone / Targets are mentioned on the chart Close below 107.95 on daily candle may require us to reevaluate are trade Indicative time for the play : 3 to 8 weeks

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Upside Overview: Short-Term Swing Trader (Few days to few weeks) – Minor resistance zone from 3254-3277 Key short-term resitance zone from 3291-3312 S-T Fib Ext. Resistance/Target Zone runs from 3333-3352 On a push above 3352 the next S-T Fib Ext Resistance Target Zone runs from 3358-3373. Downside Overview: Short-Term Swing Trader (Few days to few weeks) – On...

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Hi Everyone, An update on the SPY charts Bulls have been full throttle and enthusiasm has been at its peak. A quick look on the charts, after a strong uptrend, we can see a Bearish engulfing pattern that has developed on the daily chart, this could be a sign of shifting hands of powers from bulls to the bears, at least momentarily. Also RSI already near...

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Bulls got into action on this counter in 2019 Aug and really started giving upwards direction to the DAX. In early Oct, bears tried to pull the price down push the prices down about 6pc over a weeks bearishness action, but the bulls came back with more vigor and stronger, making higher highs and higher lows. However, by the end of the month of Oct, over the next...

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AS discussed in my previous chart, resistance zone has been established with the downward breaking gap. Look out, price may be rejected at 1250 to1252.50l levels and may find support at 12370(todays low levels) and previously established supports

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INDL chart in a glimpse, on special request from some friends who have exposure in this Direxion Daily MSCI India Bull 3x Shares (INDL) Find below the fund summary as from their website: The Direxion Daily MSCI India Bull 3X Shares seeks daily investment results, before fees and expenses, of 300% of the performance of the MSCI India Index. There is no...

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CQQQ is a at a critical support level. Most of the news coming from China on the deadly virus has had an impact on investor sentiment and the ETF has seen a dip from our earlier identified level of potential resistance to a new level of expected support We can see when we apply the Gann fan, the price has moved beautifully in the range and has tested the...

LoveForCharts

We continue to review the chart of RH, this time across multiple time frames Please read my previous posts on RH as well as a lot of pints are covered on what is view that has been forming over the last few sessions The negative news from China because of the deadly virus has affected the stock markets too (we pray for the well-being of all mankind) RH is one...

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RBL bank , one time hot favorite for the investors reminds me of the phrase rags to riches. I have enlisted the various years in which the trend lines have been very helpful to ensure wise money management by fulfilling one of the 2 investment rationales 1. Buy Low, sell high (knowing the various trend lines helps to know where a low could be and where a...

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NYSE:RH Update on price action on RH, as promised, we are tracking tis very closely as this trade, I feel, I has good potential and we are nearing an inflection point I have laid out a series of price points which in the history of the stock price movement have acted as support/ resistance and its good to know these levels as important areas of congestion and...

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This is a quick continuation to my previous analysis on HDFC Bank I have shown the daily charts on the same to decipher what could be the possible future movements in the stock HDFC Bank, like BankNifty has been in a secular uptrend for a longtime as shared in my previous charts (trend line has acted as support ) To the right side of the chart, I have shown the...

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AMEX:KRE Price has come back into critical zone, trying to clear the resistance levels. Short term price momentum as indicated by red line is upwards. AS long as price above this line, stay long. By joining various lows, I have formed the medium and long term support lines Price has already created a support level near $48.87. Important trading levels R1 :...

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Nifty Next 50, like the Nifty 50, was in a secular uptrend and was confirming the new highs made by Nifty till about the end of 2017 and peaked out on 15th Jan 2018 with 32024 levels on the weekly charts. The struggle continued all through the year with the bulls failing to claim supremacy. The Nifty Next 50 also since has not been able to make higher highs like...

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Hi Friends, Just did an analysis on identification of various levels that have acted as important support and resistance levels on HDFC Bank share price In fundamental analysis, we always come across buy low, sell high... How low is low.... and how high is high... These support/ resistance lines will help in identification of various levels, respected in the...

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Reliance Industries, like the NIFTY looks to soar higher. In order to create a strategy for my friends who currently hold this stock in their portfolio or are looking at buying fresh, here is a quick guide for various support/ resistance levels marked with various years they have been found very useful acting as a point of support/ resistance While my analysis...

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NYSE:MA MasterCard is a credit card company that operates a global payment processing network connecting consumers, financial institutions, merchants, governments and businesses in more than 210 countries and territories. Top ETFs holding MA in their portfolios SPY : SPDR S&P 500 IVV : iShares Core S&P 500 ETF VOO: Vanguard S&P 500 ETF IWF : iShares Russell...

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Next on the list for review is CINA ISIN: LU1900068914 Base Currency: Eur Total Expense Ratio: 0.65% Importance price levels going ahead CMP: 156.88 R1: 157.36 R2 : 163.77 R3: 173.32 R4: 190.05 S1: 154.64 S2: 151.46 S3: 148.74 S4: 142.81 S5: 138.65 More Pivots are available on the chart CINA, the fund, is one of the funds, that has not completely shown...