Penny Stock Ideas: Can It Has Potential To Double Your MoneyPenny Stock Ideas: Eastern Silk Industries
Cmp is 10.50 and has resistance exactly at 20.
It has formed multiple patterns like double bottom, rounding bottom pattern and given a multi Year Breakout in monthly time frame.
In case it manages to break and sustain above 20, then I am expecting it to generate multibagger return
Roundingbottom
Komodo Potential 73x vs BTC Weely -- Komodo Bitcoin - Alt GemKomodo is a real Gem on the market right now, one of the very best buys there is I figure.
The project is still active, developing, and on many top exchanges.
I think KMD BTC will likely do a big rounded bottom over the next year or so vs BTC
Komodo has hit a bit Double Bottom on the 3 day chart
There is a bullish divergence in the RSI
MacD has stabilized around mid
Buy Komodo ASAP
1st Target 3000
2nd Target 8000
3rd Target 34000
4th Target 100000
Enjoy the profit -- get a Lambo
Thank me later.
Rounding Bottom Breakout Minda CorpOn Daily time frame, We can see in few days rounding bottom pattern breakout. Enter positional trade above 230 for target of 410 .
Rounding Bottom + Descending Channel Breakout in NIFTY The above analysis of NIFTY is done on 15 min Time Frame, based on Pure Price Action and Popular Chart Patterns.
Working of Rounding Bottom is explained with below chart images.
Traders must enter in trade only after their own study and proper risk management. The above analysis is only for education purpose.
For more such chart analysis on daily basis, connect with me on various platforms (including any query or suggestion regarding this or Price Action Analysis)
ISGEC Weekly -
UNITED SPIRIT Daily -
CERA weekly -
PAGEIND Monthly -
The graph analysis (GRT)Hello guys, welcome back.
I think GRT is a great deal right now, price been accumulating for quite a long time, now I believe we should start going up again.
as you can see on chart, we also had this rounding bottom formation over and over, we have a very important resistance zone ( 1.05 - 1.1 $ ), break of this level can lead to a huge move.
Entry zone : 0.7 - 0.77$
Stop loss : 0.54$
Take profits :
1 ) 1.06 $
2 ) 1.26 $
3 ) 1.7 $
4) ATH
* It's not a financial advice *
BEL WITH ROUNDING BOTTOMBEL with prior uptrend, No resistance upwards, rounding bottom, support at 30WMA and previous demand zone, RS increasing. Only for education purpose. I am not SEBI registered
AVAX round bottom breakout ⏫ | LONGFormation of round bottom. Can expect a flag formation before a breakout. min 25% of up movement can be expected based on fibonacci.
REN/USDT (Interval 1D) Rounding bottomREN is making a massive rounding bottom on a daily chart, Looks like this will explode in coming days or weeks.
Big Breakout above 522.5Prestige is near the Multi Year Breakout Zone.
Good Rounding Bottom and Blue Volume Lines are my eye catchers.
Entry and Exit levels are being explained in video, kindly refer it.
Risk is yours and Reward is too yours totally
Monero XMRUSD - Cup and Handle + Rounding bottom +1000%- It is a right time to buy Monero, because of the cup and handle formation!
- Target is 1:1 fib trend-based extension - in next leg up, so be prepared.
- RSI is ready for a pump and once we reach all time high, we should accelerate in speed.
- For expected duration of the trade, probability, stop loss, profit target, entry price and risk to reward ratio ( RRR ) - please check my signature below ↓
- If you want to see more of these ideas, hit "Like" & "Follow"!
Cardano ADAUSD - Elliott Wave + Rounding Bottom! +1200%!- Cardano is currently breaking out to new ALL TIME HIGHS!
- On the chart we can spot a Symmetrical triangle - The price is creating higher lows and lower highs.
- Also, the price is above the ALL TIME HIGH level from 2018, which is very bullish .
- We will experience an acceleration to the upside in a few days!
- Profit target is 0.618 FIB extension, which is around 30 USD - 1000%.
- Cardano made a huge rounding bottom or cup and handle on the weekly time frame.
- For expected duration of the trade, probability, stop loss, profit target, entry price and risk to reward ratio ( RRR ) - please check my signature below ↓
- Due to my Elliott wave count, we are currently at the 5th impulse elliott wave!
- If you want to see more of these ideas, hit "Like" & "Follow"!
LONG BAND DOUBLE BOTTOM MID TERM + TPsLooks nice after retest, BTC pair just broke a 145 days triangle. I will keep u updated guys so dont forget to drop a follow. ;)
EYES on ETMan I'm loving the price action of ET right now. As you could see it's stuck and a range, indicating accumulation or distribution. What I find interesting is the volume spikes at the lower end of the range. Pay attention to last volume spike. We obviously see a lot of selling volume, much higher than previous volume close to to the bottom of the range. Notice how the price never reached the support level or broke it. What this indicates to me, is that sellers are getting exhausted and the trend may take a turn to the upside. Wait for the trend to change, a break above $10.20 with some decent buying volume will be a very good indicator to go long. Keep your eyes open and set alerts.
#SAVA, rounded bottom, long biasA quick brief, Cassava Sciences, Inc. engages in the development of novel drugs. It focuses on developing product candidates intended for the treatment of Alzheimer's disease, including PTI-125 and PTI-125Dx. The company was founded by Remi Barbier and Barry M. Sherman in May 1998 and is headquartered in Austin, TX.
Quick take on the price action for SAVA, the stock’s volatility has been largely based on the events surrounding Simufilam – the company’s prospective treatment for the difficult-to-treat Alzheimer’ disease (AD).
Average Analyst rating for SAVA is a price target of USD 147. (CMP : 68.53)
I am expecting to see some resistance around $76, which is also the 20 week Moving Average. This stock has given a great move over the last 3 days and is currently 24% away from the 5 day Moving Average, 34% away from the 20 Day Moving Average and about 25% away from the 200 Day Moving Average
Given the formations on the chart, looks like a nice rounding bottom being formed on SAVA. There Is likelihood price will test the 76 dollars range soon. If it holds there, next target could be 96 dollars, else look for a move back towards the 20 Day Moving average
I think this stock is great "buy the dip" stock and would be looking to accumulate
Do note, this stock is extremely volatile, do your research.
NIKLF Rounding BottomInteresting mining stock.
How long will the commodity boom last?
Technically speaking, this is a textbook example of a rounding bottom.
The primary issue I have with this idea is the relatively short amount of time that the pattern has taken to carry out, although this may just be a product of a late-stage bull market and massive liquidity injection.
LONG RUNE ROUNDING BOTTOM Short/Mid term + TPSWait for confirmation before going in, I will update the post (follow to keep updated). Short term TPs in Yellow, mid term TPs in Green.
Good volume, very bullish configuration the reason im waiting to go in is BTC on support. Have a good day trading !
EOS EOSUSD - Rounding bottom + Next Target- This is my analysis for EOS , a lot of poepole asking about why EOS is not pumping.
- So be careful and consider if the EOS is a good choice or not, maybe it is too risky.
- On the chart we can see a rounding bottom or cap and handle formation, which is bullish .
- After a rectangle consolidaton, the price started with an Impulse Elliott wave .
- First target 1:1 / below all time high.
- RSI is ready and volume favors bulls.
- For expected duration of the trade, probability, stop loss, profit target, entry price and risk to reward ratio ( RRR ) - please check my signature below ↓
- If you want to see more of these ideas, hit "Like" & "Follow"!
Big Rounding Bottom on Daily ChartAKSHARCHEM
Bullish above 410
Target : 444, 500
SL: 380 close base
time frame 1 month
Risk is yours and reward is too yours totally
big rounding bottom pattern in daily chart and we can say it is reversal sign from bottom levels, As per valuation, It is under 500 attractive.
Cardano ADAUSD - Elliott Wave + Rounding Bottom!- Cardano is currently breaking out to new ALL TIME HIGHS!
- On the chart we can spot a Symmetrical triangle - The price is creating higher lows and lower highs.
- Also, the price is above the ALL TIME HIGH level from 2018, which is very bullish .
- We will experience an acceleration to the upside in a few days!
- Profit target is 0.618 FIB extension, which is around 30 USD - 1000%.
- Cardano made a huge rounding bottom or cup and handle on the weekly time frame.
- For expected duration of the trade, probability, stop loss, profit target, entry price and risk to reward ratio ( RRR ) - please check my signature below ↓
- Due to my Elliott wave count, we are currently at the 5th impulse elliott wave!
- If you want to see more of these ideas, hit "Like" & "Follow"!
Monero XMRUSD - Weekly cup and handle!- It is a right time to buy Monero, because of the cup and handle formation!
- Target is 1:1 fib trend-based extension - in next leg up, so be prepared.
- RSI is ready for a pump and once we reach all time high, we should accelerate in speed.
- For expected duration of the trade, probability, stop loss, profit target, entry price and risk to reward ratio ( RRR ) - please check my signature below ↓
- If you want to see more of these ideas, hit "Like" & "Follow"!
MATIC reversalMatic pumping up after staying at demand zone and making Rounding bottom, lets see if it can break the target or not
PAGE INDUSTRIESshare name : page industries
why i buy this share ?
- flag and pole breakout
(after a good consolidation)
- rounding bottom pattern
- buy above 36370
- targets : 56264, stop loss : 27500
