Hello Everyone. This is for everyone, who follows my call @CNBC_Awaaz . I always back the probabilities and try to give few picks which I've the max conviction upon. And my best of intentions is to offer my best. However there will be situations depending upon the market texture
1: Check the HK Candles, see the body size & color continuation of candles.
2: Price Below VWAP (Avoid longs, or bring SLs closer). A must follow rule
4: 8 Below 21 EMA should be a cause of concern
5: MACD Negative crossover must be also giving you a warning
6: RSI below RSI Avg. must keep your SLs tight or exit longs
Hopefully these are self explanatory. Follow these and
More from Screeners
Oil, copper and other commodities came under heavy selling pressure today and that's a good thing because it's mounting evidence that inflation may be peaking.
Positive signs on inflation include fertilizer prices peaking and trending downward. Used Car prices are also down (which led inflation). The recent price break on the $XLE - which emerged almost to the day the market topped, could be an indication that we are close to a low. pic.twitter.com/2MtcKjjmAz
— Mark Minervini (@markminervini) June 23, 2022