The analysis is done on Weekly TF hence price may take few weeks to few months in order to reach the targets.
This is a Life time high breakout setup. Usually strong stocks shows strength even during market correction. And becomes the winner of upcoming rally. A stock giving all time high breakout comes under that category. One can plan to invest or trade in such stocks for greater risk-reward
The above analysis is purely for educational purpose. Traders must do their own study & follow risk management before entering into any trade
Checkout my other ideas to understand how one can earn from stock markets with simple trade setups. Feel Free to comment below this or connect with me for any query or suggestion regarding this stock or Price Action Analysis.
This is a Life time high breakout setup. Usually strong stocks shows strength even during market correction. And becomes the winner of upcoming rally. A stock giving all time high breakout comes under that category. One can plan to invest or trade in such stocks for greater risk-reward
The above analysis is purely for educational purpose. Traders must do their own study & follow risk management before entering into any trade
Checkout my other ideas to understand how one can earn from stock markets with simple trade setups. Feel Free to comment below this or connect with me for any query or suggestion regarding this stock or Price Action Analysis.
