overall weekly setups shows a massive cup and handle.. Handle has been broken and currently on retest. GP resistance and Bearish divergence made the prices to come down short term. However clearing 20-21 range. prices might spike up hard.
corrected hard after losing fib level, and DMA200 support. It is notable that hayls could not pump hard with its divident buy corrected harder after XD. however small TF shows bullish strength while 4hrs suggest bit more pullback.. RSI support line seems to be breached.. its good to be vigilant for next few days or use strict stoploss before the red trendline support !
AEL has broken out from the Triangle and has achieved its short term target. RSI might make a slight bearish divergence at 14.8 level. Keep a close eye
showing more bearish strength than bullish! However the green zone i marked might be intersting for reentries!
simple chart.. Broken down from rising wedge, found a fib support and now retesting broken trendline Pros massive drop on Bond rates Cons Poor ta setup
seems like most of the folks used it for Dividend perse and got rejected hard at 35.2 fib point. However now again at an attractive price for investors with a Hidden bulllish divergence in RSI.
formed a double top with weak divergence and got back withing the symmetrical tirangle where it was. probably a fake out? 135 range looks interesting for investors to get back in!
Lost the longstanding support, RSI broken down Price and correct up to 7.4
Simple chart.. broke out rejected at GP, Now retesting the trendline. probably another move incoming
Here comes the Specs! SLT rose back today with a hidden bullish divergence.. Do note that prices are within a rising wedge pattern. and if rise up abruptly can make a bearish divergence.. there is that! and news.. balance your scales lads SL-78
LIOC has bounced back from its support (175). Pros strong support zone at 175 DMA200 at rescue RSI Bullish Divergence + trendline support Cons Descending triangle Negative sentiment ( FUD due to fuel price drop) Stoploss 173/DCA (if not on margin)
Despite many negative rumors, expo bounced up from its trendline support. (131.5) today at the bourse. If anyone entered a trade, one can hold on to it with a strict stop loss below 130. It has currently completed 5 waves within the pattern. So likely to see a big move soon. Follow the earlier charts to see the prior movements
**THIS IS PURELY FOR TRADERS** Expo small time framers are showing bullish divergence, likely it will show upward momentum, or will take a brief look at lower support before bouncing back. however having a stop below lower trendline is a must. Buyers risk is lowest at 135 levels.
Index has gotten support from the previously broken rising wedge trendline and bounced back well. However there is a slight chance of making a bearish divergence, unless last HH 9773 is broken. However next major resistance is at 10150-10200 range. Note that it will be a tough one. Once broken Next major resistance will 11000-11200 (GP resistance from ATH to...
lasted update from lioc. Did we have a fake out? Stil trading with GP with moving averages aligning together
can expect a relief rally until 8, however weekly time frames still looking bearish with trading well below DMAs. and there is a big bear flag on the brink. Broken down RSI had been retested Traders should have their stop at 6.4
Keep a very close eye on this counter. It is grooming to a big breakout very soon... close above 4.6 will turn the counter towards bullish side. Note that all the MAs are converging together
watch out for the inverted head and shoulders break out.. pattern target is marked with a green line. downward trendline is need to be broken with volumes for any bullish move to sustain. Volumes are gathering in to the counter.