Getting into next breakout zone for short to mid term target 2100. Target for next 2 years would be around 3500 to 4000 as Gold will be bullish for next 2 years.
JPM has been in bullish upwards channel since it hit double bottom on Jul 20. Recently it is testing lower end of the channel, which is a good buy zone right now. Short term traders can play the channel lows and highs. Mid and Long terms investors can accumulate on channel lows. All bank stocks will run hot in 2022, as Fed starts raising interest rates to control...
APPL has been in the bullish upwards channel since Aug 2020. In last 2 days APPL tried to break out of the Channel, market sell off in overall Nasdaq pulled it back, forming a topping tail. I expect AAPL to come back with in the Channel with short term price target 150 and hit the lower end of the channel if the market sell off picks off steam in early 2022. With...
TAN Solar ETF has been on upside momentum for a while. You could clearly see it had a channel breakout first, and then breakout the strong resistance line and now consolidating side ways for last 1 week or more, testing the next resistance levels. Weekly charts also shows that the buying demand is high and bulls are in control. Getting ready for next breakout....
Indigo Arilines In 2nd consolidation phase now. Its testing the resistance at higher levels of the box, if it breaks those levels, can expect another major bull run. But mostly I believe it will be rejected and again it will chop within the box sideways for some more time. Short term bearish, long term bullish.
Strong base is forming and it might take few more months consolidating side ways. Breakout above 10.10 will make bullish trend, with key resistance level to watch at 10.52, 11.72, 13.15, 13.80 and 16.28. Upside potential of 36.53% in mid term.
Failed forming potential inverse head and shoulder pattern. Expect this stock to further consolidate within the box. Short term trend is very bearish, won't surprise it will further break below current levels to test $6 or $5.
Formed Bull Flag pattern in last 2 years. Right now it's consolidating in Descendant Triangle pattern, which is bearish short term. Need to break the the upper trendline for bullish breakout. Strong support at 1260, if it gets breached next support 1232, 1113 and strong support at 1030. Long term bullish, short term bearish.
Inside bull flag, short term bearish, might retest the bottom trendline. For bullish trend, it needs to take out 690 levels for consecutive 2-3 candles.
In consolidation mode for last 3-4 months. If it breaks previous high 820, strong upward move expected 30 - 40%. If it breaks 611 support, it will test 500 support again.
NavkarCorp - Cup and Handle Breakout
Barrick Gold formed Inverse Head and Shoulder Pattern, and break out today. It might go lower a little bit and test the trend line in next few days or weeks. Eventually it's going to raise to $22.5 and test the strong resistance. Long term very bullish, target $60 by 2023.
Chegg - Head n Shoulders - Support at 25.89 and 22.67 , it bounce off to test 31.3 short term.
JD had recently hit double bottom and the trend has been reversed from bearish to bullish. As long as JD doesn't break below the inclining support line, we'll be in bullish trend. Also it recently hit resistance level, we might see some pull back to hit the support trend line, before breaking out big.
This stock is in long term bull trend. You could multiple bull flags in last 18 months. It's always healthy for a stock to consolidate for some time after big breakouts. Right now this stock is in the bull flag formation pattern and about to breakout upwards for explosive moves in next few months. In last few days, momentum has started picking up, expect some good...
Welspun Enterprises kissed the major support line yesterday and had a good bounce. Expect some short term bounce for next 1-2 weeks for 10-15% gains, as there's momentum. For next few months it's going to consolidate side ways in range 93-134 before big breakout or breakdown.