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 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 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...
IBIO popped 3x March 26-28 and then retraced into a standard Fib level above which it has consolidated. The RSI lines are near to the 50 level and volumes are low. I can see where IBIO could go higher if interest and buying volumes rise. I will watch this for the same. Having profited heavily on the prior move, I would be happy to re-enter a long trade on IBIO.
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...
Intermarket analysis of Oil ETF relative to SPX. This graph works because oil moves based on inflation, economy, commodities etc. Some of these spots were almost "risk free" (until proven otherwise). Meaning 100% - until something changes. Where are we now? USO needs to find support - and then we see.
After a monster post IPO rally EMIL has been cooling off for 6 months, forming a nice base to potentially launch another rally Showing v strong Relative Strength on hourly TF hovering on the top of a 27%/ 25wks base forming an inverse head & shoulders type pattern Volatility falling and volume drying up Entry 225 SL 211 Target 3RR
Showing good Relative Strength Hovering around the top of a 14wk/ 13% shallow base. got some VCP action going Volume & volatility have dried up in last few sessions. Results are also out of the way Entry 1518 SL 1470 Target 3RR
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...
In early January, the stock faced rejection around 2520 levels and it retreated to sub 200 DMA levels. From there, it recovered. In early May, it made an attempt to take out the price rejection zone. There was a move on very high volume. Unfortunately, that move did not succeed and it was pushed back below into the supply shadow of the BC bar which happened on the...
The stock is trying to move out of the price rejection zone after nearly four months of sideways move. The relative strength and the money flow are also positive. The volume has been increasing in the recent past and the volume adjusted momentum is also turning positive. All the conditions are favoring the stock to take out the price rejection zone. Once we have a...
The stock has finally moving past the Price Rejection Zone with good volume support. The relative strength is positive and increasing. Money Flow is also turning positive. The Stock looks poised to move much higher.
NSE:DIXON Long time RS positive stock. retesting the 8200 levels after breaking out. Heading towards all time high.
The stock has now successfully taken out the Rejection Zone with consecutive Bullish Effort to Move up Bars. Quality Buying seen with increased Delivery volumes. RS and Money Flow has be strong for some time. The stock likely to move higher now . A test of the Rejection Zone is also possible before the up move.
Dogecoin on the 60 minute chart has been in a good trend up for more than 36 hours. Moving averages have been diverging but price is now falling in a pullback to the SMA21 and EMA21 while the EMA 50 continues to trend higher. The relative strength look back is solid green. I see this as an excellent point to add to Dogecoin with the risk being the market cap...
DELL reported earnings 27% beyond the estimates and traders reacted. The indicators show that relative volume was about 10X the running moving average. The RSI dual time frame indicator ( by Chris Moody) showed a 50-level cross-over on 2/22 one week before earnings. That was the best early entry and price is up 20% higher since then. The question is whether is...