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$ASIX long ideaASIX with a close above the resistance line at $50.5 zone and support at 30day MA , leads me to believe we turn higher after cooling off from the 33-57 leg Oscillators are turning with good volume and relative strength in a weaker tape market. In the resin / fertilizer basic materials space, LWLG another name also with a bullish chart IMO. Keeping this one tight, two closes below the 30 day MA and I'll close my JUN 60 calls, already up 35% and I think there's more room to the upside / good RR on this trade idea IMO. Cheers
NYSE:ASIXLong
by FriscoTrades
Nifty Analysis Works Perfectly (Must Check) Don't MissHey Folks, Happy to tell you that few days back did Analysis on NSE:NIFTY and it worked smoothly. Market came down as told to trade carefully on Upside. A Steep Rally Comes on the Downside the view was completely bearish and Still Bearish . Same goes With NSE:BANKNIFTY as well. there are some important Levels to take care of while Trading given on charts (If you are doing Options Specially) Don't forget to follow and Like And Tell me you got Benefited. Happy Trading ;)
NSE:NIFTY
by Gagan_Ahuja_13
TWTR due for correction!!!TWTR nearly approached oversold territory. After the news of Elon Musk considering purchasing more shares of the company following such negative news of a potential hostile take over by his most recent offer. This all caused the company to implement a "poison pill" to prevent a hostile takeover. Which is brilliant. This however will not be enough to keep the ticker running hard on tax day. Tax day historically is a red day. It will take a major catalyst to cause TWTR to continue this run it has. I evaluated the day chart in this example looking over a few puts I played last week for a swing. All of the indicators such as the MAC D, The studies used in this study are Chandelier Exit Strategy, Moving Average Convergence Divergence, Moving Averages(2) , and the Relative Strength Index with SMA. My projection is TWTR open on the down trend in the morning if this chart pattern continues. If the 50 day average crosses over the 200 day moving average TWTR will be bullish again. I am bearish because I believe twitter will sink back to the 30's soon. On the flip side, TWTR can form a cup and handle chart pattern which can only happen after a correction happens, and the ticker go back to the $50's, yet I believe the momentum will die down on day trades on TWTR. **This is not financial advise but only a personal observation for my play.
NYSE:TWTRShort
by rogers1906
1
Bank Nifty Short term Important Trend Analysis (One must Know)Hey folks, lets look the Bank nifty what's happening in it. Look at the point 1 first Breaking of 36600-36700 Zone Made Bears Dominating and They Drag the market Down From Point 1 to 2 Then Bulls Come into play and Drag market Upto 36600-36700 Zone From Point 2 to 3 Now observe this level is important for setting up the trend After That Bears again Come into play and Drag the market down from 36600-36700 Zone From Point 3 to 4 but this time they aren't able to dominate downtrend for longer time Means Demand was Still Stronger. & at Point 5 Bulls broke the level and a steep rally comes in and now market is consolidation in 38000 to 37400 level and breaking of this consolidation will set the trend on either side. If consolidation broke on downside we can see good down move and bears dominating again. but if we see consolidation broke on upside a trend line will also broke which is coming from upside in higher time frame and breaking of it will change the structure. and we can see 39000 level very soon in bank nifty. Hope it helps you and increased your knowledge . Like and follow for more because it take efforts to make such content and it boost my confidence. Thanks.
NSE:BANKNIFTY
by Gagan_Ahuja_13
AMD (Advanced Micro Devices) - Bullish Momentum at Support - 4HRAMD (Advanced Micro Devices) stock price has reached a Support zone above $100 for the fourth time this year. Bullish momentum is also building in the MACD indicator. Entry (long): $103.72 Take Profit +12% (exit): $116.24 Stop Loss -6% (exit): $97.43 Note: this chart setup could be overridden if the Nasdaq and major Tech Stocks pullback down this month. Essentially, support price needs to hold above $100 for AMD stock to potentially rally up. All content is Not financial advice. Trade at your own risk.
NASDAQ:AMDLong
by NoFomoCharts
1