ELS approaching its all-time-highs! Will it break through?ELS has been absolutely crushing it for the past 6 months with every month closing green!
It's approaching it's all-time-highs from February 2020 so the question now is, can it break?
Thoughts:
* Long term up-trend
* Strong up-trend for tha past 6 months
* Great long term hold as it's a REIT and therefore pays out generous dividends
* Approaching all-time-highs from February 2020
Trading Idea
* Look for a weekly close and hold above $77.55
* A rejection from $77.55 could send down to the $76.41 area
* And a break below that could send it back to $74.55 which should hold as support
* Of course, given its performance $76.41 and $74.55 would be great buying opportunities.
VOLUMEBREAKOUT
APH broke out with volume, can it hold?APH broke out from resistance with volume on Friday July 2nd. The question now is, can it hold.
On Friday, APH gaped up with volume and closed above the 4 month resistance that was forming around the $69.10 area. Not only has APH broken out of resistance, it has also broken out of this ascending triangle.
Making new all-time-highs, breaking out of a long consolidation period with buying power demonstrates that APH is poised to move higher.
I do, however, think that it'll consolidate at this level for a day or two before moving higher.
Final Thoughts:
Making new all-time-highs
Broke out of a 4 month resistance
Steady up-trend looking at the weekly or even monthly charts
Great long term hold as it also pays dividends
Look for buying opportunities around the $69.10 to $69.40 area
TPX broke out after consolidationTPX broke out after consolidation that was followed by a massive up trend since the March 2020 crash.
* It has volume
* It's making all-time-highs
* It has momentum
I think this can come back to retest the 40.45 area or consolidate above the breakout for a bit before moving higher.
Final thoughts:
* Look for buying opportunities in the $40.45 to $41.04 area
* Great long term hold since it pays out dividends as well.
Multibagger Stock -Jagran Prakashan-- BREAKAWAY-GAP preceded by a valid ROUNDED-BOTTOM pattern formation by more than a year.
-- One-year Accumulation
-- Volume on the gapup day is a lifetime high.
-- Weekly gapup (very rare)
-- Bullish Engulfing pattern
-- Risk : Reward = 1:4
-- Resistance at every level (so be careful)
LTP - 60
Target - 75
Stop loss - 57
Small Cal Gold Explorer with assay's coming out mid-janPrimed volume defined breakout play with a 100% upside leading up to results coming out mid-jan. Results/ assay's from the company highly anticipated Dakouli 2 mine could boost this SP over 20c.
Enter between 8-9c with a hold for 13-15c.
Solid trade with $GOLD about to break $1900 and head north. January is the time to own gold stocks.
Genomics ETF --> breakout & measured moveARKG broke out of the parallel channel with strong volume (over 110% tan average 10-day volume).
When there is a break-out, the 5sma tends to be a good rule of thumb to follow the short-term trend; and not lose to much if there is a failed breakout.
RSI shows we are still not overbought at 67; but with strong buying.
Using the bottom level of the parallel channel to calculate a measured move; puts ARKG around $75.
Long BANKBARODASaw volume burst on Friday and there is huge IO on 55 followed by 60 strike price.
If it closes above 54, we can initiate long trade.
If EQ but above 54
For Derivatives, BUY BANKBARODA 24 SEP 63 CALL or BUY BANKBARODA 24 SEP 60 CALL both are liquid.
I would go for 63 CE because premium is low but IV is almost same.
> For educational purpose only, this is not an advice.
I would like hear your thoughts on this :)
Indian Oil Corporation | Volume Breakout huge buying of all timeprice at support after that huge buying done in this stock
we can see a short term target like 140 , 150 very soon need some some correction at 115 area .
this are the thing you must aware of for this trade
1 ) price touching support again and again
2 ) head and shoulder like pattern
-----------Head and Shoulder Pattern on daily chart or mostly rejection at top
3 ) if price goes below 110 none of your stop will be executed a sudden dump highly possible due to huge volume .. weak hand will be taken down
4 ) on weekly price can take support at RSI
---------Chart : weekly RSI support chart
Weekly Chart and RSI
When to buy do we have any kind of confirmation
closing above black line support trend line ( weekly closing above 120 - 121 )
only risk taker can buy here
Buy : ladder 114 - 120
Stop : 105
Target : 130 , 140 ,160 ( 1 - 2 month )
CNDBTC Volume breakout extremely bullish | 3x volume in one dayvolume before breakout is around 32 btc and now volume is upto 100btc
so buy this coin this one will pump hard
buy : 90 -92
stop loss : 82
target : 7 to 40%
AHLUCONT Short term Positional Call Www.techno-funda.com
Ahluwalia Contracts (india) Limited CMP 390, Closing based SL 369, Targets 405, 415
* Volume Breakout
* Morning Star pattern
* Swing high Breakout
* Pre Breakout Trading (so involves little risk)
Disclaimer: All levels are for learning purpose only.
BF UTILITIES Short term Positional CallBf Utilities Limited NSE: BFUTLITIE
Short term Technical Trading Call.
CMP: 506, Closing Basis SL: 484.9, Targets: 525 534
Technicals:
* Trend line breakout
* Channel Break out
* Pull back trading
* Fibonacci level Breakout
* Volume Breakout
* Short consolidation breakout
SPIC Medium term Positional CallSouthern Petrochemicals Industries Corporation Limited : Trading technical call for Medium Term
NSE »SPIC & BSE »590030
CMP: 48.7, Closing based SL 42.9, Targets 54 55.5 57
Technicals:
* All time high and Close breakout
* Weekly pole and Flag Pattern Breakout
* Volume Breakout
* Swing high breakout
Discliamer: All levels are for Educational Purpose Only.