Spotted a very subtle trade idea.
M&M was in a downtrend for a while.
The trend has reversed and made clear higher highs and higher lows.
The stock has also taken support of the 20-period exponential moving average.
This looks like a promising trade for a risk to reward of 1:2.
M&M was in a downtrend for a while.
The trend has reversed and made clear higher highs and higher lows.
The stock has also taken support of the 20-period exponential moving average.
This looks like a promising trade for a risk to reward of 1:2.