Don't Fight the Trend. Be a part of GES Forex!
Daily Sentiment: Bullish. Weekly Sentiment: Bullish. Trend Strength: Strong First Target: 164 (Pivot point) Close above Pivot point would confirm more than 14% rise towards previous highs. Close above highs and rise will continue. Inside this channel stock has great potential to keep heading North. Close below 140 would result in more than 10% fall... Continue Reading →
Daily Sentiment: Bearish. Weekly Sentiment: Bullish. Trend Strength: Moderate First Target: 600 (Pivot point) CAPLIPOINT need to clear Resistance then next stop will be around previous highs. Close above 784 and rise will continue. But while stock holds inside this channel risk remains on downside. Close below 600 and we should see further weakness towards... Continue Reading →
Daily Sentiment: Bullish. Weekly Sentiment: Bearish. Trend Strength: Moderate First Target: 194 (Pivot point) If ONGC starts to rise and it happens inside this channel chances to clear Resistance zone are high. Close above Pivot point would confirm that bulls have taken control. If there is close below channel next stop will be very important... Continue Reading →
Daily Sentiment: Bullish. Weekly Sentiment: Bullish. Trend Strength: Moderate First Target: 242 (Pivot point) Close above Pivot point and next stop will be previous highs. Close above highs would confirm further rise towards channel resistance. If PRAKASH fails to clear Pivot point correction towards Support zone is possible. Close below channel and further fall is... Continue Reading →
Daily Sentiment: Bullish. Weekly Sentiment: Bullish. Trend Strength: Moderate First Target: 926 (Resistance zone) Need close above 926 and next stop will be around previous highs. Stock looks very good on this Daily chart but there is huge Bearish engulfing pattern on Weekly. Currently stock has problems to clear Resistance zone which could result in... Continue Reading →
Daily Sentiment: Bearish. Weekly Sentiment: Bearish. Trend Strength: Strong First Target: 36 (channel support) Inside this channel Bearish trend is very strong and that's why further fall is more likely. Close below Minor support would confirm fall towards channel support. If stock is able to stay above Minor support then rise towards Pivot point is... Continue Reading →
Daily Sentiment: Bearish. Weekly Sentiment: Bullish. Trend Strength: Moderate First Target: 146 (Pivot point) I'm more Bearish right now just because stock already hit Monthly resistance zone and fell. That 168 Resistance zone is key level to watch. If stock is able to close above rise towards previous highs is possible. Close above highs and... Continue Reading →
Daily Sentiment: Bullish. Weekly Sentiment: Bullish. Trend Strength: Strong First Target: 178 (Resistance zone) While stock holds inside this channel First Target will remain 178. BUT! Stock has reached not only channel resistance but also Monthly resistance zone. Currently we must be ready for correction towards Pivot point. Close below Pivot point and correction will... Continue Reading →
Daily Sentiment: Flat. Weekly Sentiment: Bullish. Trend Strength: - First Target: - Need close above Resistance zone to confirm further rise. Close below Support zone and further weakness is more likely. Close below Support zone would confirm Double Top on Weekly chart, that's why currently fall seems more likely than rise. But between these two... Continue Reading →
