SHIB MEME RESTING SHIB: Meme Token Breakout Potential
The popular meme token SHIB has seen a significant spike in interest over the past 10 days, with its price rallying alongside the increased attention. Currently, SHIB is resting on the 10MA, which could act as a support level and bounce off.
Technical Analysis:
- The recent price action has formed a bullish flag pattern, which is a continuation pattern that typically signals a potential breakout in the direction of the previous trend.
- Trading volumes have decreased significantly after the initial spike.
Risks:
- SHIB is a highly volatile meme token, and its price movements can be unpredictable and influenced by social media trends.
Flag
Very Bullish after break out the Bullish Flag | Long BiasOn week chart
Do you see what I see? A BULLISH FLAG
Yes, I'm telling about the big bullish for this cycle as for BINANCE:CHZUSDT
This cycle, AI Trend's coins most of them x10 fund.
How's about CHZ in this cycle? Can be x5 fund
CHZ has good buying zone around 0.1
Time will tell
Tata Consumer - Flag Pattern Tata Consumer Products has broken flag pattern. We can expect the price to move towards 1450. Aggressive buyers could pick at current price and a conservative buyer can buy once it crosses 1200. Other factors:
1. RSI is on rising, above 60 signalling bias towards bullishness
2. MACD should also improve as the price moves
3. Volumes are good, see last 2 buying candles
4. Highest TTM Sales, Operating Profit and Net Profit
5. EPS is on rising
6. Bounce from EMA20
7. Acquisition of Capital Foods, owner of the brands Ching's Secret and Smith & Jones and Fabindia-backed Organic India
"Clean Charts, Easy Charts"
Learning & Earning!!
Cheers!!!
BPCL - Flag Pattern !!!BPCL is trying to break flag pattern. We shall buy it once it breaks the pattern for an immediate target of 800 and then to 920+. Other factors:
1. RSI will start moving up
2. MACD will also improve
3. BPCL on daily basis has bounced from 20EMA, showing a strong bullish pattern.
"Clean Charts, Easy Charts"
Learning & Earning!!
Cheers!!
Swing Trading Idea in ICICI PRU LIFESYMBOL - ICICIPRULI
There is a flag & pole pattern on daily time frame in ICICI PRU LIFE.
CMP is 520
I am taking long position in march futures here at CMP for 560-590 target.
Stoploss would be 498.
It is in good support zone & consolidated here. I think it is ready to blast. After breaking out above 530, It will move towards 560 & 590 very fast.
Disclaimer - Do not consider this as a buy/sell recommendation. I'm sharing my analysis & my trading position. You can track it for educational purposes. Thanks!
BREAKOUT, HINDUSTAN COMPOSITES, 80% RETURNS!!!BUY - HINDUSTAN COMPOSITES LTD
CMP - Rs. 428
Target - 1: Rs. 549
Target - 2: Rs. 674
Target - 3: Rs. 769
.
Timeframe - 4 months - 12 months
.
Technicals - Trendline Breakout
.
This is just a view by an expert analyst, please invest at your own risk.
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BREAKOUT, ANDHRA PAPER, 84% RETURNS!!!BUY - ANDHRA PAPER LTD
CMP - Rs. 532
Target - 1: Rs. 674
Target - 2: Rs. 823
Target - 3: Rs. 980
.
Timeframe - 4 months - 18 months
.
Technicals - Trendline Breakout
.
This is just a view by an expert analyst, please invest at your own risk.
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BREAKOUT, SUNTECK REALTY, 62% RETURNS!!!BUY - SUNTECK REALTY LTD
CMP - Rs. 475
Target - 1: Rs. 569
Target - 2: Rs. 680
Target - 3: Rs. 774
.
Timeframe - 6 months - 18 months
.
Technicals - Bullish Flag Breakout, Inverse Head and Shoulders Pattern, Cup and Handle Pattern
.
This is just a view by an expert analyst, please invest at your own risk.
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