Weekly MACD Crossover is in play and also very good volumes in the Stock off late. Expect the Stock to rally to its next leg up provided our Indices are stable and low volatile. Any big move in market can take the stock down faster. Ensure to follow Strict Risk Management when trading this stock. If all is well, the stock can easily rally up to its Swing High levels.
NSE:GOLDIAM bags INR 600m worth of order for Gold Jewelry. In addition, even the MACD is about to make a crossover on the weekly charts. This can indicate a good move upward as it comes at the same time that even the company has bagged a very huge order. If everything goes well, the stock could easily hit the next Support/Resistance zone very comfortably and...
NSE:PEL has completed its Lower Low Pattern last year March and has ever since being forming a new Higher High Pattern. At the same time the Price Action and MACD also formed a good Convergence Divergence. Currently the MACD also about to cross in the coming week. This indicates a bullish pattern and chances of going up from here. 915 has formed as a good...
A new MACD Crossover is about to happen in Weekly Charts indicating a good move upward. Once the crossover is successful, ideally in the coming week, we can see the stock ready for its next leg up. The stock has also formed a good Support at 39 levels.
MACD crossover is in play in weekly charts indicating a good move upward. Once the crossover is success, the stock can start its rally. Currently the stock is getting rejected from the 165 levels and forming a Resistance. Once the stock crosses this level after the MACD Crossover, it can start going upward faster.
Stock has been under consolidation since 6 months. MACD Cross seems to be in play. But has tried crossing since 3 months now. Lets wait for the MACD Cross to happen successfully and the consolidation could complete around same time. Stock has been having multiple good Earnings. This should definitely take it to new highs. Keep a close eye.
NYSE:ELF On average, technical analysts often observe that when a stock crosses above both the 9-day and 21-day moving averages, there is approximately a 60-70% chance that the upward trend will continue. Conversely, when a stock crosses below both averages, there is about a 60-70% chance that the downward trend will persist. Here are some general figures: ...
Stock has currently formed a good support at 116 levels. It seems to making newer Higher Highs since the last few weeks steadily. The most recent MACD Crossover has shown a good move upward. Currently the MACD Cross is in play on the Monthly Charts. Once it completes successfully, the stock could start seeing massive movement upward in the coming weeks/month.
MACD is going to cross pretty soon in the coming days. Once Cross is done, should open new entry levels for next leg up. Good chance the stock can easily retouch its Swing High. Try to take entries only after MACD Cross completes successfully. Stock's fundamentals looks promising too.
Price Action made a retest @ 650 levels and MACD started making a Higher Low Pattern formation. MACD has started forming a Higher Low Pattern indicating a good momentum upward from here. Stock will have to keep maintaining closes above 650 levels as it has formed a good Support Zone as of now. Any closes below this level, could only take the stock to newer...
NSE:STCINDIA is about to have a MACD Crossover in the coming week. This indicates a bullish pattern and chances of going up from here. 135 has formed as a good Support Level and is holding well so far. Once the crossover happens, the stock looks good at least until its Swing High levels. The company's Earnings and Fundamentals are also looking good.
Stock is currently at its 52W high and also breakout zone. MACD is indicating a good momentum in the upward direction. Also Monthly MACD has made a crossover, which could possibly take the stock to new highs in the coming weeks/months. 406 has formed as a Key Support for this Trade be to be valid. Weekly closings above this Support level will surely take the...
Stock has made a MACD Cross this week on the Weekly Chart. This crossover can take the stock easily to its Swing High levels again. The coming week could take the stock to a good move upward if the Market condition remains to be good. Take entries only after the Market sentiments are favoring.
MACD and Price Action have formed Convergence Divergence in the last year. A new MACD Cross is in play currently and even Price is at a good entry zone. Price has started showing upward movement after the previous Convergence Divergence. Once the MACD cross is successful, expect the stock to go to the next leg upward.
MACD Cross is in play. Volume has increased a lot this week. 1Y Beta is @ 1.78, which is very good for this stock. This week could be your Entry week if stock retest levels mentioned on chart. Good change it might too. Overall looks good till Swing High.
NSE:POLYPLEX has hit its 3 year low of 800 levels recently. At this zone, it can been that while the Price Action has been making Lower Low Pattern, the MACD however is starting to form a Higher High Pattern. This MACD Higher Higher Pattern the recent crossover as well indicates a move in the upward direction. Follow Strict Stop Loss here as any weekly closing...
Price Action made a retest @ 90 levels and MACD started making a Higher Low Pattern formation, which took the stock up to 50%+ profits. Another MACD Cross is in play now at a good zone. Ideally it should take the stock easily to its previous Swing High and possible even higher. Stock is currently at a good buying zone. Let's see how the Price Action plays out for...
Hi guys! This is a Macro analysis on Upwork (UPWK). Macro meaning larger timeframe aka the 1 week in this instance. Alot of stocks are down fromt heir previous tops. Which means potentials for longterm gains for many names are possible. I try to make sense if things have the technical signs to buy or not. For UPWK -> some interesting signs were observed. It was...