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Cupandhandlebreakout

The Super Bullish Gold Bullion :) :) :)Back on Aug 30, we had indicated that Gold is turning to Bullish mode and 1st target is 2280. Today Gold made a new ATH of 2265 - just kissing distance from 1st Target Have a look at the monthly chart. Look at the Volume Build up over the past 3-4 years. Cup and Handle BO also confirmed on Monthly Next targets are 2280, 2550, 3015 Over the weekend, Gold price shot up over Rs. 100 / gm in India, This is not going to be the end. This is just the beginning. Also remember, Market is making new ATH, Gold is making new ATH. How ??? All these years, Gold and Market had Inverse proportion. When market crashes, Gold rises and vice-versa, but is it still the truth ??? This is the time to let go of Old-school thought process and accept the changing reality. With the introduction of Crypto market the Relationship between Gold and Equity Market was long broken. So, give up your bias and learn to ride the tide irrespective of its side Disclaimer: 3+ Years Teaching Experience in Stock Market - Technical Analysis, Advanced Patterns, Emotional Management, News based Trading... We are NOT SEBI Registered and Our focus is NOT providing Buy/Sell Recommendations/calls. Primary Objective is to provide detailed analysis of how to review a chart, explain multi-timeframe views purely for Educational Purposes. We strongly suggest our followers to "Learn to Ride the Tide irrespective of its Side" *** Important *** Consult your Financial Advisors before taking any positions If you like our detailed analysis, please do rate us with your Likes, Boost and share your comments -Team Stocks-n-Trends
FXOPEN:XAUUSDLong
by Stocks-n-Trends
GOOG- a cup and handle in formation LONGGOOG on the daily time frame showa a cup and handle pattern beginning at the November 21 high from the uptrend out of the Covid "crash" Price has printed the cup and returned to the same price level of about 150 ; A handle is forming now. The cup and handle pattern forecasts a bullish continuation from that price level to the extent of the height of the cup. Accordingly, this would be from about $ 150 to about $220. Daily charts have high reliability as do cup and handle patterns. The RSI indicator shows strength in the 50-60 range so GOOG has a long way to go before being overbought. . Once price is over $ 150, I will initiate a position on GOOG shares and look to also take call options striking $150 for late 2024 or 2025.
NASDAQ:GOOGLong
by AwesomeAvani
AMZN's Cup and Handle forecasts bullish continuation LONGMZN on a daily chart is in the continuation phase of a cup and handle patter which started In August 2022. Of the Magnificent 7, it has performed better than the rest with the exception of NVDA. The cup and handle pattern suggests continuation to the price level of $ 200 which is similar to the all-time high with 5- 8% added for inflation ( July and November 2021 in the range of 187 ). On the reliability of a cup and handle pattern and that of a daily chart compared with a lower time frame I will take long positions in AMZN in both AMZU EFT shares and long dated call options for AMZN more or less ITM at $ 175.
NASDAQ:AMZNLong
by AwesomeAvani
RS SOFTWARE-CHART PATTERNS AND ELLIOT COUNTS- AN INVESTMENT PICKHELLO FRIENDS, Here I have shared chart pattern and possible ELLIOT WAVE counts of RS SOFTWARE, which showing the uptrend of this stock. As per chart pattern, this stock is following the CUP AND HANDLE PATTERN which shows the BULLISH TREND of the stock. the above image confirms that as per guidelines of Cup and Handle pattern, volume contraction must be there while forming cup after giving breakout with significant volume, the stock retested the support trend-line which previously was resistance and started its continuation in upward direction. As per Elliot Wave, Stock has completed its correction as WAVE ABC from 829 level to 9.55 New impulse BIGGER WAVE 12345 has started from 9.55 and now stock is in wave (5) that will complete the bigger wave 1 And wave 2 will again give a dip as correction and again bigger Wave 3 will start. This way the stock has huge space towards north. DISCLAIMER I am not SEBI registered analyst. My studies are for educational purpose only. please consult your financial advisor before trading or investing. I am not responsible for any kinds of your profits and your losses.
NSE:RSSOFTWARELong
by KARANN_DINGRA
Decoding the next Big Bull - Jio FinanceJIO Finance - from the day of its Demerger listing - had gone thru a very subdued performance up until now. Finally the Tiger is out of the bushes and is showing up its real power On the Technicals front - we can derive the Near to Short term view using chart patterns. Long Term view is still strongly bullish, but due to lack of history and patterns, we are proposing Incremental targets Technical Analysis: Near to Short Term view On Daily Time Frame, price has already completed a beautiful Cup and Handle Pattern / Bullish Ascending Triangle pattern with Target of 300. Price did reach very close @ 295 to the target but fell sharply, retracing back to the C&H BO zone and took a bounce - now forming a Fresh Rounding Bottom pattern. BO above 296 WCB for New Target of 335 Disclaimer: Stocks-n-Trends is NOT registered with SEBI. We do not provide Buy / Sell recommendations - rather we provide detailed analysis of how to review a chart, explain multi-timeframe views purely for Educational Purposes. We strongly suggest our followers to "Learn to Ride the Tide" and consult your Financial Advisors before taking any positions. If you like our detailed analysis, please do rate us with your Likes, Boost and share your comments -Team Stocks-n-Trends
NSE:JIOFINLong
by Stocks-n-Trends
The Electronic Cousins - MIC Vs MI"R"C ElectronicsMIRC Electronics Limited is an India-based company, which is engaged in the business of manufacturing and marketing of consumer electronics goods primarily under the brand, Onida. The Company operates through consumer durable products segment MIC Electronics Limited . is a global leader in the design, development & manufacturing of LED Video Displays, high-end Electronic and Telecommunication equipment and development of Telecom software since 1988. While both companies operate in the Consumer Durable Product Segment - Its surprising to see that both companies Technically are going thru a Very Similar Pattern Multi-Year Falling Parallel Channel Cup and Handle Pattern near the Parallel Channel Breakout zone Both are showing Multi-bagger setup In the Short-Medium Term, below are the Targets for both Companies MIC Electronics : C&H BO done and now on verge of Resistance BO at 50.5. If sustained above 51 WCB then Targets are 65, 83, 110. Compared to CMP - 50 Target is 2x Away MIRC Electronics : C&H BO Done and now on verge of Resistance BO at 29. If sustained above 30 WCB then Targets are 50, 90. Compared to CMP - 29 Target is 3x Away Disclaimer: Stocks-n-Trends is NOT registered with SEBI. We do not provide Buy / Sell recommendations - rather we provide detailed analysis of how to review a chart, explain multi-timeframe views purely for Educational Purposes. We strongly suggest our followers to "Learn to Ride the Tide" and consult your Financial Advisors before taking any positions. If you like our detailed analysis, please do rate us with your Likes, Boost and share your comments -Team Stocks-n-Trends
NSE:MICELLong
by Stocks-n-Trends
2
MIC Electronics: 3 days of Lip-Lock in 10% UCMIC Electronics Limited is a global leader in the design, development & manufacturing of LED Video Displays, high-end Electronic and Telecommunication equipment. The boost in Green Energy, LED lights and Telecom has lifted the sentiments on MIC Electronics. Also, it recently started venturing into Co-Developing 42v/3A Electric Vehicle Battery Chargers for e-Bikes. All this resulting in a blasting rally in Mic Electronics On the Technical Front: MICEL was travelling within a Falling Parallel Channel since 2008 and finally BO of the 15 year Channel and then formed a Beautiful Cup and Handle Pattern on Monthly After Breaking out of C&H, it has not formed a Fresh Rounding Bottom Pattern - BO also done above 50.4 (CMP 51.5) Like the Infamous Hero Kamal-Hassan, MIC Electronics is also Lip-Locked in 10% UC for past 3 sessions :) :) :) Targets 65, 83, 108 Disclaimer: 3+ Years Teaching Experience in Stock Market - Technical Analysis, Advanced Patterns, Emotional Management, News based Trading... We are NOT SEBI Registered and Our focus is NOT providing Buy/Sell Recommendations/calls. Primary Objective is to provide detailed analysis of how to review a chart, explain multi-timeframe views purely for Educational Purposes. We strongly suggest our followers to "Learn to Ride the Tide irrespective of its Side" *** Important *** Consult your Financial Advisors before taking any positions If you like our detailed analysis, please do rate us with your Likes, Boost and share your comments -Team Stocks-n-Trends
NSE:MICELLong
by Stocks-n-Trends
Bitcoin Cup and Handle in PlayTraders, Bitcoin has crushed the 48k barrier finally. And with that we are on our way. The long-time Cup and Handle Pattern that I have been alluding to for so long is now in play and tells us that we should easily reach 80k this year and maybe as soon as mid-summer. With our 48k on the underside of price, we can now expect to use this as support. We also have that ascending RED TL which has proven to be of significant resistance in the past. It should now help out as support if we get a confirmation candle close above it tomorrow. Both of these areas can be utilized as re-entry areas in the future, if you are looking to trade into BTC. Barring and black-swan or geo-political events that interrupt price action or influence sentiment, price is most-likely to remain to the topside. Remember, BTC ETFs are currently consuming over 12x more BTC than miners can produce. Given that something like less than 25% of all BTC is liquid (meaning trade-able) at this moment, then net result is a multiplier effect which most traders might not be considering, especially our bear friends. As far as my own trading goes on BTC, I am well over 15 percent profit on my current BTC trade. I have raised my stops to 49k and will continue to trail them as necessary. Upon pullback, which should be swift and shallow (again barring unforeseen events), I will look to re-enter, hopefully around the 48k area. Since I have been batting a thousand over the past year and a half on all of my Bitcoin trades, I am going to be upping the trade allotments for BTC vs. my altcoin trades. Even with hitting a few home runs in the alts, my consistency in analyzing and predicting BTC moves would have netted me are far better return thus far. Therefore, the strategy makes sense at the moment. Best on all of your trades. Stewdamus
INDEX:BTCUSDLong
by stewdamus
The Week Ahead for Bitcoin - Battle for $48kLet’s make this as simple as possible for Bitcoin. It’s really this - Bitcoin must beat 48k to continue the bullish trend and confirm that larger cup and handle pattern is in play which will take us to 80k. If we don’t beat 48k soon, then I expect another small pullback. However, it may not be as deep of a pullback as other analysts expect. According to my chart technicals, most indicators are still hyper-bullish. Therefore, I’d say we may only pullback to 42k at most. If we do beat 48k, that’s our signal that the bullish trend will continue. We have to be quick about entries if we want to play the continuation. Normally, my rule is to wait for at least one confirmation candle on the daily. Because of the bullishness of price right now, I’d make an exception to this rule. If we don’t make this exception, we could miss out on big price movement. It’s up to you how you want to play entries at this point and, as always, it’s based on your own personal risk tolerance. If you are a more aggressive trader, I’d suggest jumping down to the 4hr chart and looking for confirmation there.
INDEX:BTCUSDLong
by stewdamus
Hubtown - The Busiest Hub in the Town :)Revered as one of the most reliable real estate developers in India, Hubtown was conceived in 1985 with the intent of dramatically transforming the real estate. As part of the Interim budget there is strong focus on Railways, Infra, Green Energy and Real Estate. On the Technical Front - Hubtown has formed a big Cup and Handle BO on Monthly level. There is an immediate resistance at 150 Above 150 WCB - Hubtown will fly towards 255 Disclaimer: Stocks-n-Trends is NOT a SEBI registered company. We do not provide Buy / Sell recommendations - rather we provide detailed analysis of how to review a chart, explain multi--timeframe views purely for Educational Purposes. We strongly suggest our followers to "Learn to Ride the Tide" and consult your Financial Advisors before taking any positions. If you like our detailed analysis, please do rate us with your Likes, Boost and share your comments -Team Stocks-n-Trends
NSE:HUBTOWNLong
by Stocks-n-Trends
Skipper Ready for Double Skip :)Skipper had a Blast of nearly 15% today and ended right at the BO zone of Multi year Rounding Bottom BO On Daily Chart - there is a Cup and Handle Pattern with same BO zone. Above 275 WCB for target of 340 On Monthly Chart - There is a Rounding Bottom pattern with BO above same 275 WCB for Target of 530 almost 2x from CMP Disclaimer: Stocks-n-Trends is NOT a SEBI registered company. We do not provide Buy / Sell recommendations - rather we provide detailed analysis of how to review a chart, explain multi--timeframe views purely for Educational Purposes. We strongly suggest our followers to "Learn to Ride the Tide" and consult your Financial Advisors before taking any positions. If you like our detailed analysis, please do rate us with your Likes, Boost and share your comments -Team Stocks-n-Trends
NSE:SKIPPERLong
by Stocks-n-Trends
JK TYRE - Cup & Handle Breakout Cup & Handle pattern breakout done in JK TYRE Please kindly wait for Retesting the level 205 You just keep an eye on this stock I will update instantly about this stock Disclaimer - All information on this page is for educational purposes only, we are not SEBI Registered, Please consult a SEBI registered financial advisor for your financial matters before investing And taking any decision. We are not responsible for any profit/loss you made. HAPPY TRADING GUYS
NSE:JKTYRE
by Jagadheesh_JP
2