For Shorting like my Dixon short trade -Find stocks that have negative monthly price cycle & turning into EMA 10/20 on weekly
From there you can get low risk entry point & good R:R
Just need 1-2 good short trade for a 3% monthly gain. Extreme patience to wait for best time
More from EquiAlpha -MidTerm Momentum🐎🐎
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 !!
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 Screeners
May please read the attached tweet once again for a key LEARNING
USDINR - a breakout that will not bode well for the equities
78+ https://t.co/AWqZxF5B1L
USDINR - a breakout that will not bode well for the equities
78+ https://t.co/AWqZxF5B1L

Can you anticipate a breakout? Yes
— The_Chartist \U0001f4c8 (@charts_zone) June 10, 2022
the attached tweet.
now the chart is for USDINR https://t.co/Vb2wKaCvTB pic.twitter.com/INo0GC4fGY