Wells Fargo (WFC) buy signalsWells Fargo (WFC), Weekly chart: Mirror level + Extended divergence on RSI(14)
Sharemarket
Twitter buy signalsTwitter (TWTR), Weekly chart: Mirror level + "Morning Star" candles pattern + RSI(14) above it's 50 zone which is sign of uptrend
Facebook (FB) sell signalsFacebook (FB), Weekly chart: Resistance zone + "Hanging Man" candle pattern + Extended divergence on RSI(14)
Divis Laboratories Ltd Technical Analysis Indian Stocks MarketDivis Laboratories Ltd Technical Analysis Indian Stocks Market
Celgene (CELG) sell signalsCelgene (CELG), Monthly chart: 4 years long mirror level + 2 Pin bars/"Shooting Stars" candle patterns.
China Mobile buy signalsChina Mobile (CHL), Monthly chart: 10 years long(!) support zone + "Harami" candle pattern + Side of Bollinger bands (120,2) + Extended divergence on RSI(14)
General Electric buy signalsGeneral Electric (GE), Monthly chart: 10 years long(!) support zone + Pin bar inside of Morning Star candle patterns + Side of Bollinger bands (120,2) + Coming out of deep oversold on RSI(14)
Long TClarkeI have provided a complete breakdown on my members area of why I have taken this trade. Solid risk reward on this trade for a company providing very solid results year on year. Expecting the share price to hit 140 shortly hopefully followed by 160.
Where next for LAM. Finding resistance at 200 EMA.Lamprell is finding resistance at its 200 EMA at 114p. Will it break to the upside, or will it be rejected?
Tesla, Buy near key zone. Near $250 we can open buy
Goals: $296 and $323
technically price showed good signal to open entry I will show it on next Update with D1 chart
LONG Adding ACC in my next week watch list for Intraday TradeHello everyone,
Hope you guys are doing great. Today I am sharing one of stock for next week watch list . It's name ACC the reason of behind picking this stock is " Pennant pattern " Please consider to watch the chart to know the full detail.
ACC making Descending Triangle -Does bottom still to come?Hello Guys,
ACC making Descending Triangle and my technical observation said that Bottom is still not found. Should be dump hard in a couple of weeks or a month.
What is a Descending Triangle?
Ans:
The descending triangle is a bearish continuation sample. The sample is usually found in a downtrend. There are few times the pattern is seen during an uptrend acting as a reversal sample but is considered as a bearish sample irrespective of where it occurs. The descending triangle is likewise referred to as right angle triangle because of it shape. The horizontal line acts as a region of guide. it's far as if there may be heavy shopping for hobby at this degree stopping the stock from falling similarly. it is the lower highs alongside the declining trend line that signals greater promoting pressure and gives the pattern its bearish characteristic.
The technical goal is arrived at through computing the vertical top of the sample and including this height to the breakout point. it can also be computed by means of drawing a line parallel to the base of the triangle through the trough of the primary correction.
Apollo Hospitals - Long IdeaHello all,
Please consider checking that idea for Apollo hospitals. I can see a Hidden Bullish Divergence in a daytime frame also sitting on their support. I can see a sharp bull trend is coming in a couple of weeks.
What is a Hidden Bullish Divergence?
A)
When value makes a higher low (HL), look and check whether the oscillator does likewise.
In the event that it doesn't and makes a lower low (LL), we are very brave disparity in our grasp.
Gail India - Bearish Idea in Larger time frameHello Guys,
Please check both of idea. Gail is sitting on support in a week time frame and H&S pattern formed in a day time frame which a clear indication that this support is going to break out in a couple of weeks.
Reliance -Making Bullish Breakout pattern PENNANTHello everyone,
I am sharing my Idea for Reliance Industries. Reliance is about to make " Pennant" Bullish breakout pattern in a day time frame. we Just need confirmation.
What is Pennant Pattern?
Pennant is a short-term continuation pattern. It is created when there is significant price movement in the stock, i.e. strong volume rally on the back of positive fundamental development followed by several days of narrowing price consolidation in the stock on light volumes. Finally a fresh breakout is observed in the direction of the prevailing trend with a surge in volumes once again. The duration of the pattern is usually a few weeks. The pennant is in effect a very small triangle.
The technical price target for a pennant is arrived at by computing the height of the flag pole and adding it to the eventual breakout point after consolidation.
