Nice Bounce!!!A green candle right at support level is indication of good buying and confirmation. Its looking bullish now after it have taken a support from 0.260 levels. As of major resistance at around 0.280 first target should be around 0.313 and second major target should be around 0.343 levels over all now getting in action and starting to be bullish.
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Bearish For NowWe enter the trade when a stock is in a uptrend to profit. We dont buy it cheap and get stuck with it for days, weeks or months. As of now deyaar is in a down trend it got rejected right at 200day ema and now its approaching support levels again. Stay Away for now.
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Target Achieved If you are following my trade ideas this was a very good trade target got achieved at 0.888 as of now its again at the same resistance level if it gives a breakout there is good chance that it will touch 0.901 with a strong move. Keep this in your watch list. Over all bullish.
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GFH - Extremely Bullish Setup Hello fellow traders, this stock has been consolidating for long duration. As long as the price stays above 0.575, the stock has potential to reach 0.69 which was strong support back in 2018 (now turning into resistance). The longer the accumulation stays in these levels, the sharper the move will be once we break 0.593. Target 1 will be at 0.610, Target 2 at 0.65 and lastly Target 3 at 0.69.
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I am a professional trader with more than 8 years of trading experience which includes stocks, commodities and forex.
2 ScenariosIts in a nice strong uptrend. I can see 2 scenarios from here after seeing some weakness at the top and form thursdays session. Either it continues to the upside and touches 3.40 directly which is a strong resistance OR it comes down for a retest which is around 3.14 level and then make a move to the upside. In both the cases its bullish,
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Good for buyIts at very nice level as we can see it broke the neck line that was resistance which will now act as a support level. Clearly in thursdays session it came back for a retest and have taken a bounce. Tomorrow most likely it will push to the upside next hurdle is at 0.290 bullish mode!!
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Nice tradeIts in a bull trend and this is when we have to enter the trade for profits. There is no point buying it at cheaper price when its in a down trend and getting stuck with it for months. We can see a bullish type of candle right at the support level. More upside expected and slowly it will climb to the upside.
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Bullish ModeIts now in bullish mode clearly we can see higher highs and higher lows good sign on bull trend. As i had mentioned in my previous trade plan 0.290 is a strong resistance which concides with 200day ema. I think it will cross this week and go towards next target. Overall now its changed the trend from bearish to bull trend.
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