Individual events in the daily charts will be updated in the Updates section soon with respective expert's blog for better reference to the case
Disclaimer...invested, not an investing/trading recommendation
Disclaimer...invested, not an investing/trading recommendation
Комментарий:
Point and Figure chart of the corresponding vertical chart
Комментарий:
bclx=buying climax
sclx=selling climax
ar=automatic reaction
st=secondary test
lps=last point of support
sos=show of strength
sow=show of weakness
sclx=selling climax
ar=automatic reaction
st=secondary test
lps=last point of support
sos=show of strength
sow=show of weakness
Комментарий:
stage 1.. accumulation...
here is the link to a blog by Bruce Frasher, my favorite wyckoffian ..
stockcharts.com/arti...k-like-a-sponge.html
here is the link to a blog by Bruce Frasher, my favorite wyckoffian ..
stockcharts.com/arti...k-like-a-sponge.html
Комментарий:
stage 2.. reaccumualtion..
HEre is a wonderful blog by Bruce about reaccumualtion stockcharts.com/arti...ulation-roundup.html
this link is important for showing how th epoint and figure charting is used in wyckoff stockcharts.com/arti...mulation-review.html
HEre is a wonderful blog by Bruce about reaccumualtion stockcharts.com/arti...ulation-roundup.html
this link is important for showing how th epoint and figure charting is used in wyckoff stockcharts.com/arti...mulation-review.html
Комментарий:
then there was a long uptrend before distribution started
Комментарий:
stage 3 distribution
here is a good Bruce's blog on stockcharts.com/arti...ribution-review.html
here is another ongoing case of distribution in US bond market which i charted
here is a good Bruce's blog on stockcharts.com/arti...ribution-review.html
here is another ongoing case of distribution in US bond market which i charted
Комментарий:
i will update this idea, how it goes with tata steel in future, whether another redistribution happens or fresh accumulation
Fundamentally, this is an improving cyclical company, currently in adowncycle, which might end in coming times soon...
So i expect accumulation to restart soon after the mark down...
Fundamentally, this is an improving cyclical company, currently in adowncycle, which might end in coming times soon...
So i expect accumulation to restart soon after the mark down...