Just a few interesting charts on radar
- Downward Trend Reversal done.
- Quite a few attempts at 300 in last few days.
- Momentum could target 360. Stops at 288
- A breakout out of this 130-145 range can give a 10-15% mover trade.
- Major support at 40-45 bottoms of last few years
- Falling Wedge formation confirmation on sustaining 47-48.
- Can target 55 and crossing that would mean a major reversal.
- Stops at 45
- Crossing 1000 would be a breakout from a major range
- Also Cup and Handle formation with an upside target of 1200 +
- Stops at 960 on breakout
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