NSE:HDFCBANK was in a bullish ttm squeeze until 9/26. It fired the squeeze yesterday. We could see up move continuation. It's currently standing at the major resistance level. If it breaks it, it will create ATH.We could see inverse Head and shoulders pattern which is a bullish sign. It is also forming Harmonic crab pattern with a PRZ level is at 1818. Volume is...
On the weekly timeframe, we can see that historically the price moves away from this downtrend line. Even when it broke above it, it returned below in 2016 is continuing to make lower highs. TTM Squeeze is a momentum indicator. It appears that the price is going to push lower since the downward momentum is just beginning, light purple bar. Commitment of traders,...
NSE:BALRAMCHIN is in a tight Consolidation near resistance. It is also in a ttm squeeze with increasing momentum which indicates that it could give big move up anytime soon. If it breaks out then we could see it go 400-420.
Ticker: PYPL Notes: PYPL got rejected hard on that 21EMA and formed a doji on the daily. It's setting up for a base rally formation along w/ TTM Squeeze on smaller timeframes. We also broke out of this wedge and looking for a continuation. Key Levels: - Play the breakout of 21EMA w/ a target of 286-287 area (50SMA) or -Wait for a retest of this wedge breakout at...
UPS gapped down after ER and retraced back to .618 level and have been consolidating since. We forming a bull pennant and setting up for a mean reversion to the upside with a target of 200.50. We are also forming a TTM Squeeze on 4H, 2H, 1H and 15M. Gap fill potential if the squeeze fires. Average post squeeze run is about $8 move. Key Level: 192.70 area to...
NSE:MARICO is respecting the trendline and forming a bullish ascending triangle. If it were to complete the triangle, it would reverse from resistance or continue to consolidate while respecting the trendline/triangle boundary and breakout as it nears the end of triangle. It is also in a narrow ttm squeeze (cyan dots on SQZPRO indicator) with increasing momentum....
CSWC in the past 3 months has seen a rise in prices all the way up to $28 and is now due for a correction. Currently buyers seem tired and CSWC is struggling to find new buyers at these current prices. Based on the details outlined in the chart I have reason to believe that CSWC will decline in price in the next few days. I actually look for it to sell below its...
TATAPOWER is in a narrow ttm squeeze and has increasing momentum, which indicates that a big move is due sometime soon. It is also forming a bullish ascending triangle near the top.
ICICI bank is in a ttm squeeze and also forming bullish ascending triangle.
-TTM Squeeze fired: (Weekly, A7) -Inverse head & shoulders formed -At breakout level -Above stacked EMAs and SMAs (bullish) -Has a gap to fill around 70.12 - 70.96 Contract Suggestion: 8/20 70C @ 1.50 8/20 72.5C @ .85 NYSE:TJX
-TSLA formed the 135 elliot wave and looks like we're gearing up for the wave 5 which is the next leg up. -Gap was filled below and bounced perfectly on that .382 fib retracement -We also have a gap above around 724 - 732 which could be the target -Waiting for a TTM Squeeze to form on smaller timeframes. -I'm looking at a month out expiration for options.
SBUX finally broke through that major resistance @ 114.70 w/ volume. We have also entered time cycle one on the TTM Squeeze. We're in the 7/16 115C and up 45% @ close. SBUX still has a lot of momentum to test 117 area and possibly take out the high. I can see this happening within the next week or possibly early if the market keeps trending higher.
-Wolfe wave triggered on multiple timeframes -TTM Squeeze forming on Daily -Pennant/Wedge formation -BYND is getting ready for a big move. We bounced off of the 200 SMA perfectly and using it as a support. Contract Suggestion: 7/16 155C @ 1.70 7/16 157.5C @ 1.38
DLTR has been trending and gapped down after earnings. It's been consolidating in this range and formed a pennant. We are also forming in the daily a ttm squeeze. I wanna see DLTR get above the 6day SMA and have the emas trend bullish. Contract Suggestion: BTO DLTR 7/16 100C @ .96
I am already in this trade from the breakout on Friday. It look;s like $TMUS wants to give us a run for our money.
UiPath Inc. is a recent IPO in 2021 that like most IPOs experience a fast rise and a subsequent sell off. Personally I think there is still a lot more data that I would want to see in terms of price action before I could say one way or another which way it will go. Currently priced at about $70, PATH finds itself right at the MEAN when we look at our 1 hour...
After failing to meet analysts expectation Twitter took a major gap down of -9.6% and is looking to test key support levels over the next quarter which could present several buy opportunities for a stock that not too long ago was rising high at about $80 per share. With the current down trend in place I'm expecting Twitter to come up 2ATR which is a price of...
Using the Keltner Channels and TTM Waves I give my quick analysis on where we are in the market and where we could possibly be heading in the week to come.