This stock has completed 4th wave on daily time frame, and now possibly we are in 5th wave, once resistance trendline is broken then it would be a good trigger point to go long, stock had reached that trendline and currently trying to break, once it's broken, then bulls can take charge, also trend indicators and wave counts are suggesting to go long.
Overall wave structure on daily time frame
Macd in daily positive crossover and Uptick and also above zero line
Macd in weekly positive crossover and Uptick and also above zero line
RSI trendline breakout on daily time frame, uptick and also above 60
Price pushing upper bollinger band to open more upside
RK's Mass psychological Cloud buy activated
Dmi adx also positive on daily time frame
Disclaimer
I am not sebi registered analyst
My studies are Educational purpose only
Consult with your Financial advisor before trading or investing
Overall wave structure on daily time frame
Macd in daily positive crossover and Uptick and also above zero line
Macd in weekly positive crossover and Uptick and also above zero line
RSI trendline breakout on daily time frame, uptick and also above 60
Price pushing upper bollinger band to open more upside
RK's Mass psychological Cloud buy activated
Dmi adx also positive on daily time frame
Disclaimer
I am not sebi registered analyst
My studies are Educational purpose only
Consult with your Financial advisor before trading or investing
Trade closed: target reached
Target reached on 19 august
YouTube: youtube.com/@rk_charts
Telegram : t.me/RK_Charts
Twitter : @charts_rk
Email : rkcharts@gmail. com
Disclaimer.
I am not sebi registered analyst.
My studies are for educational purpose only.
Telegram : t.me/RK_Charts
Twitter : @charts_rk
Email : rkcharts@gmail. com
Disclaimer.
I am not sebi registered analyst.
My studies are for educational purpose only.
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
YouTube: youtube.com/@rk_charts
Telegram : t.me/RK_Charts
Twitter : @charts_rk
Email : rkcharts@gmail. com
Disclaimer.
I am not sebi registered analyst.
My studies are for educational purpose only.
Telegram : t.me/RK_Charts
Twitter : @charts_rk
Email : rkcharts@gmail. com
Disclaimer.
I am not sebi registered analyst.
My studies are for educational purpose only.
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.