The other way to look at this is that..The stock went below 21 month EA in 2008 & 2020 crash
Something is happening really too bad and worst is yet to come for entire market !!
HDFC bank Monthly Chart :
— EquiAlpha -MidTerm Momentum\U0001f40e\U0001f40e (@equialpha) March 7, 2022
In last 20 years - Only 2 times the stock has gone below 21 month EMA as market. This seems the third time (Monthly close will confirm )
Don't know but something seems off !!
Lets check again on month end pic.twitter.com/9eeVfikdnU
More from EquiAlpha -MidTerm Momentum🐎🐎
As I said yesterday, I will be sharing the some of my screeners in this thread 🐎
Please note Screener will help you to reach momentum but you need to see chart & further segregate trends manually (1/n)
Do retweet & like so that it reaches maximum people
Screener 1) +ve ADX DMI Breakout to find out where the action is going on a particular day, you can then look onto stocks and find setups and patterns to trade.
Link - https://t.co/fIKlWSloNw
(1/4)
Screener 2) Going one level more deep into ADX where we find up stocks which are already in trend on weekly
1) Weekly ADX >25 indicating the trend is already there
2) +DMI breaking out
3) Stock within 15% of 52w high
4) Stock above 200 SMA
Link-
Screener 3) This is based out of within 20% of ATH Stocks. I have also added few fundamentals to it. You can change variables according to it
Link -
Screener 4) RSI which is a momentum indicator
RSI breaking out can give you names where momentum is picking up and then you can look onto charts for buy points
Link -
Please note Screener will help you to reach momentum but you need to see chart & further segregate trends manually (1/n)
Do retweet & like so that it reaches maximum people
Screener 1) +ve ADX DMI Breakout to find out where the action is going on a particular day, you can then look onto stocks and find setups and patterns to trade.
Link - https://t.co/fIKlWSloNw
(1/4)
Screener 2) Going one level more deep into ADX where we find up stocks which are already in trend on weekly
1) Weekly ADX >25 indicating the trend is already there
2) +DMI breaking out
3) Stock within 15% of 52w high
4) Stock above 200 SMA
Link-
Screener 3) This is based out of within 20% of ATH Stocks. I have also added few fundamentals to it. You can change variables according to it
Link -
Screener 4) RSI which is a momentum indicator
RSI breaking out can give you names where momentum is picking up and then you can look onto charts for buy points
Link -
More from Hdfcbank
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First update to https://t.co/lDdqjtKTZL since the challenge ended – Medium links!! Go add your Medium profile now 👀📝 (thanks @diannamallen for the suggestion 😁)
Just added Telegram links to https://t.co/lDdqjtKTZL too! Now you can provide a nice easy way for people to message you :)
Less than 1 hour since I started adding stuff to https://t.co/lDdqjtKTZL again, and profile pages are now responsive!!! 🥳 Check it out -> https://t.co/fVkEL4fu0L
Accounts page is now also responsive!! 📱✨
💪 I managed to make the whole site responsive in about an hour. On my roadmap I had it down as 4-5 hours!!! 🤘🤠🤘

Just added Telegram links to https://t.co/lDdqjtKTZL too! Now you can provide a nice easy way for people to message you :)

Less than 1 hour since I started adding stuff to https://t.co/lDdqjtKTZL again, and profile pages are now responsive!!! 🥳 Check it out -> https://t.co/fVkEL4fu0L

Accounts page is now also responsive!! 📱✨

💪 I managed to make the whole site responsive in about an hour. On my roadmap I had it down as 4-5 hours!!! 🤘🤠🤘
To people who are under the impression that you can get rich quickly by working on an app, here are the stats for https://t.co/az8F12pf02
📈 ~12000 vistis
☑️ 109 transactions
💰 353€ profit (285 after tax)
I have spent 1.5 months on this app. You can make more $ in 2 days.
🤷♂️
I'm still happy that I launched a paid app bcs it involved extra work:
- backend for processing payments (+ permissions, webhooks, etc)
- integration with payment processor
- UI for license activation in Electron
- machine activation limit
- autoupdates
- mailgun emails
etc.
These things seemed super scary at first. I always thought it was way too much work and something would break. But I'm glad I persisted. So far the only problem I have is that mailgun is not delivering the license keys to certain domains like https://t.co/6Bqn0FUYXo etc. 👌
omg I just realized that me . com is an Apple domain, of course something wouldn't work with these dicks
📈 ~12000 vistis
☑️ 109 transactions
💰 353€ profit (285 after tax)
I have spent 1.5 months on this app. You can make more $ in 2 days.
🤷♂️

I'm still happy that I launched a paid app bcs it involved extra work:
- backend for processing payments (+ permissions, webhooks, etc)
- integration with payment processor
- UI for license activation in Electron
- machine activation limit
- autoupdates
- mailgun emails
etc.
These things seemed super scary at first. I always thought it was way too much work and something would break. But I'm glad I persisted. So far the only problem I have is that mailgun is not delivering the license keys to certain domains like https://t.co/6Bqn0FUYXo etc. 👌
omg I just realized that me . com is an Apple domain, of course something wouldn't work with these dicks