pardis

pardis Jul 29, 2024

The chart is on the support zone, and it could be end of 2 weeks correction. The last two days the volume of the trades was significant as a sign of returning. Based on my strategy, a new trend will be started if only the level of 5500 will be broken by a good bullish candle, preferably without upper shadow. The negative point on this correction is the size...

pardis Jul 21, 2024

Correction Considering that any analysis may fail and there is no certainty in the market. I think that due to the formation of candles and the formation of the pattern of three black crows, the possibility of a deeper correction of the market is high. Possible areas of market reversal are as follows: 1. Around 5500 is the first area, considering the last three...

pardis Jul 18, 2024

I see an engulf in the chart that could be a sign of correction. Based on youe strategy you should act, keep going or sell some or sell all. Personally i sold 80 percent of my stocks yesterday. In my idea, protect of asset is more important than getting profit. Lets see what will happen next.

pardis Jul 15, 2024

Uptrend After about 4 months, a new trend has been started. There is a broken trend line and it can be considered as a Flat pattern. The weekly formed candle is a good bullish as a trigger. Based on the Flag pattern,the next target could be about 500-513 area and set up a good SL for your position. Based on my method, sure SL is below the triangle at about $400.

pardis Jul 14, 2024

Uptrend The chart is coming back for retesting the broken level. My estimating is reaction between 190 to 192 and maybe exactly here. Totally forming a good bullish candle in next week will be an opportunity to get a buying position. Below this S/R zone can be a good place for setting SL and next target about $250. The last candle is a Doji and after a bullish...

pardis Jul 14, 2024

Uptrend In my strategy, forming a new uptrend will be after breaking a descending trend line and passing out of a price level, preferably major one. After about 3 years correction, it seems a new uptrend has been started after passing of a major High. I'm waiting for a pullback to the broken level and getting a buying position.

pardis Jul 12, 2024

Uptrend In my view, It is a Flag pattern and the descending trend line has been broken and also a price level as well, in daily time schedule. there is a good bullish candle as a trigger for entry to buying position. Next target could be at about all time high and the long-term target, based on the Flag pattern, at about $200. Do not setting up a sure SL for your...

pardis Jul 11, 2024

Uptrend Breakout, Especially from the all time high, has been one of the best strategy to get a good position. This is a good breakout by a suitable bullish candle. Based on my view, next target could be about 165 and a sure SL at about 135 or whatever your trading orders. It may come back for a pullback but personally have preferred to get position due to strong breakout.

pardis Jul 3, 2024

Uptrend It has passed a long term correction like a pullback. After this trend line It seems new moving will be started after this breakout but if you are a low risk trader, its better you wait for breaking $15 level by setting a sl at about 13.75. Finding end of a correction in a powerful trend has been my priority.

pardis Jun 27, 2024

Uptrend In daily time,it was a breakout by a good bullish candle. All time high has been broken and it can be a new trend toward up. I can not consider a target for that , by getting help from Fibo it could be around 250-255 by setting SL at about 179. Personally, I am waiting for a pullback to be sure about the breakout. Good luck

pardis Jun 25, 2024

Uptrend Finding a chart with a clear and clean trend has been helpful for me and as you see HTGC is one of them. There is powerful breakout of a price level by good bullish candle. After this breakout, I suppose the trigger has been set up. Find a sure SL based on your strategy and a good target in my idea can be 21.3 as a mid-term target. I think 19.2 can be a...

pardis Jun 18, 2024

Uptrend My main strategy is finding the end of corrections and getting trigger as a new uptrend. The best zone for finishing corrections is 50-61.8 Fib Ret then breaking a descending trend line and passing out of a price level. I suppose this is one of the best and by setting a sl in a sure place, like 240, You can get a buying position on it.

pardis Jun 18, 2024

Uptrend Working on Pullbacks is one of the best strategies due to some reasons such as trading inside the trend and having small stop loss. The next target is all time high level and setting up a Stop loss at about 112 can be sure.

pardis Jun 10, 2024

Uptrend Pullback This is another pullback and a powerful rebound over the S/R level by two good bullish candles. As always, a sure place for setting a SL can guarantee our asset.

pardis Jun 10, 2024

Uptrend Trading on Pullback has several benefits such as setting a small SL and trading in the direction of trend. As you see, it has been a pullback to the broken level and there is a good bullish candle as trigger for entry to buying position by offering a sl at about 73.

pardis May 31, 2024

Uptrend As you see, the pullback has been completed. There is a good pullback to a broken price level and a good bullish candle, as a trigger, after that. I suppose setting a SL of about 39.5 can be sure and next target about $46.

pardis May 19, 2024

Uptrend New rising has been started after about one month moving side. Seems the next target at about 46 will be reached very soon and after passing that 60 will be available. Do not forget SL is vital for traders (37 suggested) .

pardis Updated  May 19, 2024

uptrend It was a typical pullback to the broken level and there is a good bullish candle over the level as a trigger for getting a buying position. About 78 can be a good place for setting SL on it.