selling climax with a spring actionprobably going to start accumulation, looking at the quality of automatic reaction , after meeting point and figure targets from the last redistribution
disclaimer.. not an investing/trading recommendation
EDELWEISS trade ideas
Edelweis Fin Serv - On Verge of Kumo Break OutThe stock is about to make a Kumo Break out - Should sustain the closing and also on retest which is a possibility.
The Chikou span is also making an attempt to get free.
The set up looks good. One can buy or wait for a re test and then buy... Above that is blue sky.
Edelweiss: Nice momentum, awaiting dips to buyThe stock has seen sharp spike recently, pushing ADX past the 25-mark. This suggests strong uptrend in force. The recent rally has however pushed the price to short-term overbought position. Use any pull back method and stop loss method to consider long trades on weakness.
Fibs, MA or anything else is fine to spot potential support zones.
