The stock was moving up and in the last week of February, it encountered a BC bar or a buying climax like bar. Then because of the supply of the BC bar, it was pushed down to the 200 DMA levels. From there, it started recovering. Then it attempted to take out the Supply shadow of the BC bar but did not succeed. Then again recently did try to go into the shadow of...
The stock after facing price rejection around 466 to 480 area was pushed down to the 200 DMA levels. It took support from there and started moving up and now it's making a higher high and higher low. The relative strength is also positive and we can see good volumes coming in. Money is flowing into the stock and the momentum is also positive and increasing. Also,...
On the daily time frame, a sideways movement has been forming since April 9th. The buyer’s vector 4-5 reached a new high. The key candle of vector 4-5 was on May 20th and is located at the top (highest volume, "tKC" on the chart). The seller absorbed this candle, and now the seller’s vector 5-6 is developing. The first target is 2326.515. On the hourly time...
On the weekly time frame (TF), there has been a sideways movement since May 2021. The seller's vector 11-12 interacted with the lower boundary of the range at 0.049081 several times. After the first interaction in January 2024, the buyer performed well with a single weekly candle (January 8th), forming a buyer's zone (blue rectangle on the chart). A similar...
On the daily timeframe, the price has formed a sideways movement and reached the mandatory target of the seller's vector 7-8. The next relevant buyer's vector 8-9 has a potential target of $634. The price is currently in the middle of the sideways range on the daily timeframe. On the hourly timeframe, the price has also formed a sideways movement. The short...
On the daily timeframe, the price formed a sideways movement and hit the mandatory target of the buyer's vector 4-5 (7.2755 was reached). Currently, the price is in a seller's context. The next relevant seller's vector 5-6 has a potential target of 5.18. Yesterday, the seller showed a weak reaction on the daily timeframe (spread, volume, and the tail of the...
The stock on its upper trajectory faced a price rejection around 1425 levels and it was driven down to below the 50 DMA levels. From there it took support and then started recovering. Recently there was an attempt to take out the price rejection zone but that move did not succeed and it was pushed back to test the price rejection zone. Now it is again attempting...
The PSU bank index has been moving in a slightly inclined upward channel showing positive bias. However, this stock has been moving in a sideways range for almost four months now. Now the stock is testing the top of the sideway range. The MFI indicates money is flowing into the stock. The momentum is also positive and increasing, the relative strength is also...
The stock after facing rejection at 317 levels was pushed down below the 200 DMA level. From the bottom in June 22, the stock has been moving almost sideways for almost two years now. Finally, the stock seems to be making an attempt to move up. It is about to take out the minor price rejection zone. You can see an increased volume and also you can see that the...
The stock after making a high of 586 last December has been going down. It has been making lower highs and lower lows with each price wave was getting lower. After reaching a bottom of 421 it started reversing. Then it started making higher highs and higher lows and each price wave was getting higher and higher. Now it has crossed above the 3 short-term moving...
The stock after a good up move has been re-accumulating for almost a month and half. Now the stock is on the verge of breaking out from this re-accumulation zone. The relative strength is turning positive and the money flow is also on the verge of reversing. Momentum which was weak has started picking up. The volume in the last two sessions has been high. The...
Monthly context "+ long impulse + SOS level + support - above 1/2 correction + volumed 2Sp + weak test" Daily context: "- short impulse + volumed T1 + support level + volumed manipulation" Hourly context "- short impulse + biggest volume T1 level + support level + volumed 2Sp" 5M set up - short impulse + volumed T1 level + support level + biggest volume Sp +...
On the daily timeframe, the price has been in a range since February 24. The buyer's vector 8-9 reached its obligatory target. The price is now in the seller's contextual zone. On May 23, the seller attempted to start their vector 9-10 with a potential target of 3301, but the buyer absorbed this attempt. The buyer's candle on May 23 has the highest volume in the...
On the daily timeframe, the price is consolidating. The current buyer's vector 10-11 has not yet reached its targets. The price movement has stalled in the range of 70,400-72,000. The price is currently within the daily candle of May 20, 2024, which has the highest volume in the buyer's vector 10-11 (marked "tKC" on the chart). You can look for buying...
The stock after facing price rejection around 440 to 467 levels came back to below 50 DMA levels. It has been consolidating since then for almost 3 months now. Finally, today we saw it breaking out of the consolidation zone. We saw a widespread bar on very high volume. The relative strength is also turning positive. The money flow has been positive for the last...
The stock saw a huge fall of about 50% from a high of 359. From the bottom, it has been struggling for almost a year to reverse the trend. And of late, you can see the attempt to move up, seeing some success. You can see a break of structure in the daily and now a break of structure in the weekly as well. The relative strength is also positive. The money flow...
Monthly Trend Trade " + long impulse + 1/2 correction" Daily Conservative Trend trade "+ long impulse + 1/2 correction + ICE level + support level + biggest volume Sp" Calculated affordable virtual stop loss 1 to 2 R/R take profit Broker set up: May-20-2024 Buy HD at Market (Day) May-20-2024 OCO 3A: Sell HD Stop at $332.37 Limit at $337.86 (Good 'til...
Conservative Trend Trade 5F + long impulse + SOS bar Calculated affordable stop loss 1 to 2 R/R below 1/2 monthly zone Monthly chart context + long impulse + biggest volume T2 level + biggest volume manipulation Start building position, will add more after there's a set up on inferior timeframe.