Get started

Consolidation-breakout

ORLY Long on Consolidation Break-Out🐂 Trade Idea: Long 🔥 Account Risk: 1.00% 📈 Recommended Product: Knockout 🔍 Entry: +/- 922.00 🐿 DCA: No 😫 Stop-Loss: 877.99 (898.75 for aggressive trade) 🎯 Take-Profit #1: 977.59 (50%) 🎯 Take Profit #2: - 🎯 Trail Rest: Yes 🚨🚨🚨 Important: Don’t forget to always wait for strong confirmation once possible entry zone is reached. Trade ideas don’t work all the time no matter how good they look. Do not get a victim of FOMO, there is always another trade idea waiting. 🚨🚨🚨 If you like what you see don’t forget to leave a comment 💬 or smash that like ❤️ button! — ORLY is in an overall uptrend and broke the consolidation trendline with a strong candle going into a bullish consolidation inside a small range. Entry should only be made if the daily candle remains outside the consolidation range (green box) today. If it falls back wait for another break-out and daily close. — Disclaimer & Disclosures pursuant to §34b WpHG The trades shown here related to stocks, cryptos, commodities, ETFs and funds are always subject to risks. All texts as well as the notes and information do not constitute investment advice or recommendations. They have been taken from publicly available sources to the best of our knowledge and belief. All information provided (all thoughts, forecasts, comments, hints, advice, stop loss, take profit, etc.) are for educational and private entertainment purposes only. Nevertheless, no liability can be assumed for the correctness in each individual case. Should visitors to this site adopt the content provided as their own or follow any advice given, they act on their own responsibility.
NASDAQ:ORLYLong
by LGNDRY-Capital
KALYANKJIL - Bullish Consolidation BreakoutNSE: KALYANKJIL is closing with a bullish consolidation breakout candle supported with volumes. Today's volumes and candlestick formation indicates strong demand and stock should move to previous swing highs in the coming days. The stock has been moving along the horizontal support for the past few days which is indicating demand. One can look for a 8% to 12% gain on deployed capital in this swing trade. The view is to be discarded in the event of the stock breaking previous swing low. #NSEindia #Trading #StockMarketindia #Tradingview #SwingTrade
NSE:KALYANKJILLong
by BrahmaBull31
2
ACI - Bullish Consolidation BreakoutNSE: ACI is closing with a bullish swing reversal candle supported with volumes. Today's volumes and candlestick formation indicates strong demand and stock should move to previous swing highs in the coming days. The stock has been moving along the horizontal support for the past few days which is indicating demand. One can look for a 8% to 12% gain on deployed capital in this swing trade. The view is to be discarded in the event of the stock breaking previous swing low. #NSEindia #Trading #StockMarketindia #Tradingview #SwingTrade
NSE:ACILong
by BrahmaBull31
This specialty packaging co. looks to be moving to Stage 2!The company is a producer of plastic packaging material in the form of multilayer collapsible tubes and laminates used primarily for packaging of toothpaste, personal care, cosmetics, pharmaceuticals, household and industrial products. • World's largest global specialty packaging company, manufacturing laminated plastic tubes catering to the FMCG and Pharma space with units in ~10 countries. Key Financials: • Total Revenue for latest quarter increased ~13% YoY • Net Profit for latest quarter increased by >73% YoY • TTM Net Profit margin increased from ~5% to ~8% Red Flag Check: • Promoter holding in the company has almost stayed constant at ~52% with insignificant pledging • Debt:Equity ratio is <0.5 with ~5x interest coverage • Stock is not under any exchange surveillance lists Key Technicals: • Stock has broken out of 1-year stage 1 consolidation zone with heavy volumes • Stock has broken out of a cup-and-handle formation • Stock is showing higher relative strength compared to benchmark index Disclaimer: This is for informational purposes only. It is not intended to be a solicitation or an offer to buy or sell any security or instrument or to participate in any particular trading strategy. The views and opinions expressed here are personal. The information contained here has been obtained from sources believed to be reliable but is not necessarily complete, and its accuracy cannot be guaranteed. I may have positions in the securities or instruments shared as ideas. Do your own research OR consult a financial advisor for personalized investment advice.
NSE:EPLLong
by PratikThakkarCO
My EURCHF short setup - 100 pips profitHow I took this trade I found this setup while strolling on the EURCHF chart. I saw it was consolidating between 0.97600 (resistance) and 0.97230 (support). Based on this, I drew a consolidation zone and waited for a fakeout, which happened before the market closed on Friday. It had a little fakeout of around 1-2 candlesticks on the 1H chart. From this little fakeout, it moved back to the zone, touched it, and then a bearish trend continued, as the fakeout suggested. When I entered and exited my position I entered my position when I saw that the bearish trend continued after it retraced to the zone. From there on, I held it till 0.97099, sold 50% of my position, and then sold the other 50% at 0.97074. Question for the readers: how can I hold this trade longer (see where it went), and where do I take my profit? Jasper
Short
by JBod03
DIXON BULLISH DIVERGENCE ON DAILY CHART!!!!Hello to everyone, As we can see there is a Bullish divergence in RSI & PRICE on daily timeframe . This is indicating that price has not much momentum to go downside. We can expect a trend reversal in Dixon. The price consolidating in a range from last few days. As per the theory of range, the price will go to the side on which the breakout occurs. But here the price is trading in oversold zone and BULLISH DIVERGENCE is also happening between PRICE & RSI on daily chart. So there is higher probability of that breakout will happens upside. Dixon 👉🏻Added in watchlist✅👍 👉🏻Breakout possible above 2860+ close (Buy abv BO)✅ 👉🏻Above breakout gap filling possible 3150 to 3350+🎯 👉🏻Quality stock👍 👉🏻Base support made at 2550👍 👉🏻RSI Bullish Divergence✅ Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad
NSE:DIXONLong
by Jha_Nidhi
2
$WYNN - Double inside day & Launchpad setupSince the market seems to be in a 'confirmed' uptrend (HH & HL + increase in breadth), it's time to be bullish again! Top idea for next week: Wynn Resorts ( NASDAQ:WYNN ) Buy with break of the High of the day c. 110.4 Reasons: - Double inside day in the upper wick of a positive High Volume candle (analyst upgrade and positive news) + confluence of 10,21 and 50 day ( launchpad ) - Tight consolidation with shakeout since the beginning of february - Bullish momentum since november - Positive Earning momentum + good fundamentals (EPS q/q & sales >30%) Stop-loss: - Low of the second inside day 108.98 - If breakout happens, stop loss could be 10day MA or AVWAP of HV day PT: - First area of resistance ca. 117 (partial) - Fibs: 125 - Or following the 10/21 MA Follow price and volume + fundamentals ! No investment advice
NASDAQ:WYNNLong
by UnknownUnicorn7024067
PIDILITIND CONOLIDATION BREAKOUT SOON!!The price consolidating itself near demand zone from a very long time. Price respects the support level of 2240 and takes support & moved towards upside to the breakout level. If price breaks the levels of 2355 and closes than we can expect good upmove in coming days. #PIDILITIND📊 👉Keep in watchlist 👉Breakout Possible above 2855+ Close 👉Support At 2240 👉Good Consolidation near Demand Zone. 👉Above Breakout , Good move possible towards upside.✅🎯
NSE:PIDILITINDLong
by Jha_Nidhi
TATACOMM: A Consolidation Breakout with Strong VolumeHey traders! Today, we're looking at #TATACOMM, a stock that has recently broken out of a consolidation pattern with strong volume and support levels. As you can see from the chart, #TATACOMM has formed a consolidation pattern and has recently broken out of this pattern with a strong daily close above the breakout level. This indicates that there is significant interest in the stock and that it may be poised for a bullish move. Additionally, there appears to be strong volume buildup and a subsequent volume breakout, further confirming the potential for a bullish move. It's always encouraging to see strong volume when a breakout occurs, as it can indicate that there is significant buying pressure behind the move. Furthermore, there is strong support at 1220, which can act as a key level for traders to manage their risk. If the price drops below this level, it may indicate a false breakout and could lead to further downside. Based on the breakout and the support levels, there are potential targets for the stock at 1345, 1366, and 1400+. However, it's important to keep in mind that these targets are based on technical analysis and market conditions can change quickly, so it's important to monitor the stock closely and adjust your strategy accordingly. In summary, #TATACOMM has recently broken out of a consolidation pattern with strong volume and support levels, indicating that it may be poised for a bullish move. Happy trading!
NSE:TATACOMMLong
by Jha_Nidhi
APOLLOTYRE CONSOLIDATION BREAKOUT The stock has finally broken out towards the upside after a lengthy period of consolidation, and all signs point towards potential gains. With the momentum firmly on its side and various technical tools indicating a clear path towards higher levels, now is the time to consider jumping on board. Apollotyre has the potential to soar towards price targets of 400/450/500+ and beyond! Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad.
NSE:APOLLOTYRELong
by Jha_Nidhi
BERGERPAINTS TRENDLINE BREAKOUT!!!!The price following descending trendline resistance from a very long time. Whenever the price reaches near the trendline price taking resistance and slopes down. Now finally price breaks the trendline and closes above the trendline with good breakout candle. The level of 550 is strong support for the price . Candle closes above the breakout level of 575 and holding itself at the higher levels. price showing good momentum for swing reversal . After the breakout possible targets are 615--633 & 650. BERGERPAINTS📊 👉🏻Range + Trendline Breakout 👉🏻Support 572 & 548 👉🏻Add for swing reversal 👉🏻Target possible 615/633/650+
NSE:BERGEPAINTLong
by Jha_Nidhi
INDIGO near the CONSOLIDATION BREAKDOWNThe price trading in tight Consolidation Range of 1800 to 1920 since last 40 days and formed the structure looks like the base formation. If price breaks the level of 1920 and closes and will sustain above the breakout level than we can see target of 1985 Which is a gap space. Gap space can act as strong resistance for the price towards the upside momentum and if price Sustain above the 1990+ level than we can head towards the target of 2055/2100/2150. If price not able to close above the 1920 and price rejection from 1920 will again make it Rangebound. Breakdown below the 1800 will leads to fall Towards the Level of 1750/1700 ✅
NSE:INDIGOLong
by Jha_Nidhi
APOLLOTYRE - Bullish Swing ReversalNSE: APOLLOTYRE is closing with a bullish swing reversal candle supported with volumes. Today's volumes and candlestick formation indicates strong demand and stock should move to previous swing highs in the coming days. The stock has been moving along the horizontal support for the past few days which is indicating demand. One can look for a 8% to 12% gain on deployed capital in this swing trade. The view is to be discarded in the event of the stock breaking previous swing low. #NSEindia #Trading #StockMarketindia #Tradingview #SwingTrade Disclaimer: This is for educational purposes only.
NSE:APOLLOTYRELong
by BrahmaBull31
BTCUSDT, Pump after ConsolidationCurrent Idea is based on a theory that the Asset after a long lasting consolidation is pumping at least to the range of that Consolidation. The range is between 1 to 0 Fibo levels, expecting area to reach is at -1 Fibo, now the price is below -0.5 Fibo level, retracement may happen. As weekly candle closed strong I would check the area around the Middle of 1W candle for potential reversal up. PS. That's my first shared Idea, wanna check how the mechanic works.
Long
by them8
OCEANUSDT wants the Next Weekly structure?OCEANUSDT recently went through an accumulation phase, which took place between the price levels of 0.2982 and 0.1163. After a period of consolidation, the price eventually broke out of this accumulation range and experienced a significant distribution phase. Currently, the price of OCEANUSDT is testing the weekly support level at around $0.41. This level is a key area of support and resistance and has the potential to signal a shift in market sentiment. It is important to keep a close eye on how the price reacts to this level, as a break below it could indicate further downside movement. Looking ahead, the market will need to create a new breakout above the $0.5 area for any long continuation to occur. If this happens, we can apply Plancton's Rules, a set of guidelines for identifying potential market movements, to help guide our decision-making and potentially open a new long position. ––––– Follow the Shrimp 🦐 Keep in mind. 🟣 Purple structure -> Monthly structure. 🔴 Red structure -> Weekly structure. 🔵 Blue structure -> Daily structure. 🟡 Yellow structure -> 4h structure. ⚫️ Black structure -> <= 1h structure. Follow the Shrimp 🦐
O
by InkyGrip
8