UnknownUnicorn33113667

UnknownUnicorn33113667

Analysis: The stock has broken out of the ascending triangle pattern and retested the pattern high for support. If the previous higher high of 43.90 is broken, the stock may potentially move towards the levels of 47.30 to 48.50 levels. Stop-Loss: 39.50 Disclaimer: This chart and analysis are not meant to be, and do not constitute, financial, investment,...

UnknownUnicorn33113667

Analysis: Considering the bearish divergence on RSI, lower highs, and the rising wedge pattern, it's safer to exercise caution with a stop-loss below the previous higher low level and wait for a breakout of the descending trendline on either the price or RSI. If the stock stays above the 10-day moving average, it could be a positive sign. Stop-Loss: 39 ...

UnknownUnicorn33113667 Updated 

The stock has broken above the Cup and Handle pattern and is currently facing resistance at the target price of 87. Additionally, it appears to be forming another, wider handle formation. If the stock retraces, it could test the neckline at 79.50 levels for support before potentially moving higher towards the second target price of 96 levels (at Fibonacci...

UnknownUnicorn33113667 Updated 

The stock has formed a cup and handle pattern. As the pattern has not been broken yet, and the Relative Strength Index (RSI) is approaching the trendline resistance, it may be best to trade with a stop-loss order placed below the previous higher low of 14.60. If the neckline resistance at 15.50 levels is breached, the stock may reach Fibonacci retracement level...

UnknownUnicorn33113667 Updated 

The stock has broken above a falling wedge pattern with considerable volume and has created a higher high. After retracing towards the 10-day moving average for support, the stock is currently consolidating between the 10-day and 30-day moving averages, while creating a higher low. If the bulls manage to break above the neckline resistance around the 6.8 to 7.0...

UnknownUnicorn33113667 Updated 

The stock has formed an inverted head and shoulders pattern that is yet to be broken. If the stock manages to break and close above the Rs. 34.20 level, we may see an increase in buying interest, which could push prices towards Fibonacci retracement levels of 1.618 and 2, reaching Rs. 39 and Rs. 42, respectively. However, if buyers fail to break above the...

UnknownUnicorn33113667 Updated 

With the breakout of the Cup and Handle pattern with proper volume, traders may expect the stock to reach 14.50 levels. To manage risk, consider placing your stop loss at the previous higher low of 12.60.

UnknownUnicorn33113667 Updated 

After breaking out to Stage 4 from Stage 3 Top and Head & Shoulder pattern, TSLA is re-testing 30-week MA. With the increase in supply it is possible to see a drop in share price in the coming weeks.

UnknownUnicorn33113667 Updated 

This is merely a hypothetical assumption of the movement of BTC / UST in the coming few days. 1. I assume that BTC will retrace towards the previous higher low levels of 23,092, where it may encounter resistance from sellers. 2. Afterwards, it may break below the ascending trendline and find support from buyers around 21,351 levels while forming a head and...

UnknownUnicorn33113667 Updated 

With the breakout of both Falling Wedge and Inverted Head and Shoulders patterns, the stock may reach Fibonacci 0.5 levels. However, a retest of the neckline at 7.30 is also possible. To manage risk, traders may consider placing their stop loss at the previous higher low of 7 or just below the neckline.

UnknownUnicorn33113667 Updated 

With the stock breaking out of the cup and handle pattern, it may reach the Fibonacci retracement 0.618 level. However, it may encounter resistance near the Fibonacci retracement 0.5 level and the ascending trendline. As the stock price continues to rise, it's best to regularly update the stop-loss to higher low levels on a shorter time frame chart, such as a...

UnknownUnicorn33113667 Updated 

The stock has broken above the neckline of inverted head and shoulder pattern and descending trendline indicating a bullish continuation of price. The target price will be Rs. 40.50 based on the inverted head and shoulder pattern height which is also at Fibonacci retracement level of 0.5. Stop-loss can be set below neckline around Rs. 35.50 Disclaimer: This...

UnknownUnicorn33113667 Updated 

The stock has been trading in a horizontal channel for almost 10 months while forming a bullish divergence on RSI, which suggests rising buying pressure. However, the price still faces strong resistance around Rs. 25 to 25.30 and needs to break out of this level to confirm an uptrend. Disclaimer: This chart and analysis are not meant to be, and do not...

UnknownUnicorn33113667 Updated 

The stock is consolidating within the descending triangle pattern. Further observation is needed until a proper breakout to either side occurs. If taking a trade at these levels to manage risk, the stop-loss can be placed below 169.50 or previous higher low of 170.25. Disclaimer: This chart and analysis are not meant to be, and do not constitute,...

UnknownUnicorn33113667 Updated 

The stock has formed an inverted head and shoulders pattern. A potential breakout above the neckline and descending trendline could push the share price towards the Fibonacci retracement 0.786 level at Rs. 75.5. During such a move, some resistance around Fibonacci retracement 0.168 and 0.65 levels can be expected. Disclaimer: This chart and analysis are not...

UnknownUnicorn33113667 Updated 

The stock has formed a ascending triangle pattern. If the stock breaks out above the resistance range of 7.70 to 7.90, it could potentially reach the 9.10 level. However, if there is strong resistance, the stock may attempt to find support at the pattern's bottom around 7 levels. Disclaimer: This chart and analysis are not meant to be, and do not constitute,...

UnknownUnicorn33113667 Updated 

The stock has broken above the inverted head and shoulders pattern, which suggests a potential upward trend. Based on Fibonacci retracement levels and pattern target, it is possible that the stock may reach retracement level 0.382 at around 19 levels, or even Fib Retracement 0.5 at 20 levels. Disclaimer: This chart and analysis are not meant to be, and do not...

UnknownUnicorn33113667 Updated 

The stock has broken out of the ascending triangle pattern with above average volume. there is a possibility that it may retest 7.20 levels for support. Eventually it should reach Fibonacci retracement level of 0.236 to test gap resistance. To manage risk, Stop-loss can go below 7.20 levels or previous higher low of 6.8. Disclaimer: This chart and analysis are...