Nice closing today and at the resistance area exactly. Will it cross ? this is the third time its trying to cross the resistance last 2 were unsuccessful and it could not hold the breakout lets see if it can make it tomorrow and hold it. Also as we can see in the chart it have made double bottom pattern ( also W) and it have closed above the previous days close...
OMG what to say about this stock its testing my patience, i am still in this trade and in negative zone so far. It made a long big doji yesterday and today it opened with a gap down directly indicating weakness in this stock and no buyers. It is back at 0.50 level which is immediate support it has tested this support so many times now and its becoming weaker it...
Its becoming weak now, it go resistance strongly right at 200ema but at the same time found support at 0.500 level i was expecting it to close above the 200ema today so that it can continue going higher but it created a a big doji candle. Tomorrow is a decision day if it wants to go up or down i am still holding on to my trade. It can go either side but i think it...
I am still in this trade as of now in a loss i didnt cut my position as technically this one is still in a uptrend. I am expecting this one to go up i will close my position in good profits once its trending higher. It is just below 200ema which is acting as resistance as of now. This week i expect it to perform. Hit like & follow
This stock is under pressure ever since it gave a big breakout at 0.530, it could not sustain the breakout and closing lower everyday. Interestingly it have reacted to a key support level at 0.500 which is also a psycological support area. It bounced from here and stayed here for 2 days in yesterdays closing it made green candle bouncing off the support area. The...
I like breakouts, but if price consolidates before making a breakout is more powerful and reliable. I was stalking this stock since long to trade, the last green candle it made that as 2 days a go was a breakout after consolidation and the close was above 200ema i was very confident this stalk would jump and it did exactly as per the plan i entered this trade at...
Its on a dynamic support of 200 ema and the price is stuck in a range. If it breaks out of the box and closes out of the box it will be a good buy opportunity to go long for the next target mentioned.
what a spike upwards yesterday i missed it thought but i planned to enter today, i entered at 0.551 i expect it to retrace a bit as its just crossed 200 ema surely there was some profit booking today on this i got a chance to exit as well but will keep this position to exit later this week. My first target is 0.570 will offload some quantity here and next will be 0.600