Looking to fill gap from yesterdays market open. Price is also around last weeks high 33400 level.
The company may not have the best prospects right now, but when it comes to day trading in this market im more focused on chart analysis than fundamentals. I love gap plays and this, if it can get some volume, has the real possibility to fill a nice gap. Keep this on a watchlist and it might be worth taking an entry. Listen the rest of the chart does NOT look...
Alibaba (BABA) gapped up recently on a Bullish Kicker candlestick, and was followed by an even larger gap up before a selloff today. Today's close formed a Dark Cloud Cover candlestick, and may indicate a downward continuation. Mixed with new global tensions rising with China, BABA may look to gap back down.
Walmart (WMT) had a massive day today on news that they would be releasing Walmart Plus as a competitor to Amazon Prime. This created a significant breakout upwards of almost $10. After-hours trading saw a continuation of the uptrend. If the market holds steady, this may look for a potential gap fill towards the $132 resistance area. Additionally, today's surge...
There is gap in daily candle which yet to filled by the HDFC Ltd. So one can short HDFC Ltd. at this level of 1890 With STOPLOSS and Target #1 & TARGET #2 shown in the chart, but keep strict STOPLOSS as NBFC news are coming in market. NOTE : Only for education purpose do add your common sense before making any trade, I'm not responsible for your profit or loss!
Quick update: Watch for Bitcoin (or even just the futures to fill this gap), as you can see prior gaps were ALL eventually filled, i expect the same here. A move to fill this gap would also coincide with my prior call for a brief retracement, and would also present with a re-entry point for those who have yet to gain exposure.
$TIF gap fill is coming up.... It's below 100 SMA and there is a possibility of testing 200SMA (1) on daily chart. Then (2) ....