Attached: HCLTECH Daily Price Chart Live Market as of 20th April 2023
Pay attention to the following:
1) Formation of a Double Top/ Distribution Pattern
2) A Leading Diagonal Structure marked as ABCDE , so a 3rd Wave Down can play out
3) The Elliot Wave marking signaling end of (B) Wave and (C) Wave Down pending
IT Sector is the Weakest already and there are clear Headwinds from a Fundamental standpoint for IT Stocks
HCL Technologies has Earnings today so you can expect some Big Move on the Short Side
Pay attention to the following:
1) Formation of a Double Top/ Distribution Pattern
2) A Leading Diagonal Structure marked as ABCDE , so a 3rd Wave Down can play out
3) The Elliot Wave marking signaling end of (B) Wave and (C) Wave Down pending
IT Sector is the Weakest already and there are clear Headwinds from a Fundamental standpoint for IT Stocks
HCL Technologies has Earnings today so you can expect some Big Move on the Short Side
Siddharth Bhansali
✔️Twitter Handle @T_Harth
✔️Twitter Handle @T_Harth
Publications connexes
Clause de non-responsabilité
Les informations et publications ne sont pas destinées à être, et ne constituent pas, des conseils ou recommandations financiers, d'investissement, de trading ou autres fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.
Siddharth Bhansali
✔️Twitter Handle @T_Harth
✔️Twitter Handle @T_Harth
Publications connexes
Clause de non-responsabilité
Les informations et publications ne sont pas destinées à être, et ne constituent pas, des conseils ou recommandations financiers, d'investissement, de trading ou autres fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.