This one is going to be a multibagger...hold on to it tight...it's just getting started.
Clear bearish trend....fundamentals might be right, but as a trader you need to focus on the trend.
Price has started to diverge from the moving averages on higher TFs. Nice volume accumulation. Notice how drop to 4 got bought up quickly. It tested supply zone at 6 and continues to push higher. Now news likely to hit any day to spike it to 10 or even 13.
Bounce to 307 should present opportunity for shorts to take it down to 270 or lower. Negatives news usually drop when chart shows this kind of price action. Needless to say countertrends are less productive, but 250p lotto might pay.
Ramping up nicely above volume shelf. Lot of potential.
All that volume over the last few days/weeks is good sign for next target 17. Agri-tech is going to be theme for next few years.
Not ready yet, but on watch for breakout potential. Falling wedge breakouts can be tricky but payoff is usually big.
More volume is needed to push higher. Upside target 29. I have a long position via options.
Next target 20 and 22 - news could spike it. I am long via commons and options.
Volume has started to come in...ramping up nicely. Squeeze could start soon.
We have seen several bullish reversal candles in this rally, but bulls should keep a close eye on the upside levels and strength from here on. Similar price action is Feb 2020 is emerging. Price is overextended on the weekly timeframe and could use some correction to release the pressure. Ultimately, follow the price without any prejudice.
Great move today, but I still think it will come down a little bit from next supply. Levels are marked.
Pullback has been bought up quickly. flag on the daily.
Consolidation here suggests big move is coming.
gap down bellow support got bought up so far. Keeps bulls in control. If they can keep it above 3735 tomorrow, we go ATH 2-3 weeks.
Patience is key here, as flag also is setting up on 15 mins.
Supports to watch: - 3700 - 3660 - 3610 My thesis - This is may not be THE drop, in fact quite contrary. Correction let's cool things off the continuation move. Growth names are too hot and could use a little breather for next leg up. Long view - if 3700 holds, 4000 won't take long.
Received some upgrades last week. Price moves as expected and hit resistance in supply zone. Holding well below 10.60, but might see further downside. should present opportunity to target 18.