This stock looks good for a swing trade.
Reasons are stated below :
target - 1950
stoploss - 1508
Reasons are stated below :
- 1566 levels acted as a resistance but the price broke that level and now its retesting the same.
- Formed a morning star pattern on daily time frame.
- 0.5 level Fibonacci support.
- 50EMA support on daily time frame.
target - 1950
stoploss - 1508
Comentarios:
Price made a high of 10% from our buying price.
It is consolidating right now so we can hold till our targets.
It is consolidating right now so we can hold till our targets.
Comentarios:
Price corrected and made a higher low and currently is 9% up from our buying price. We can hold this.
Operación cerrada: objetivo alcanzado:
first target achieved 22%, price made a high of 25%+ from our buying price.
Comentarios:
we can hold, price is sustaining above 1950.
Comentarios:
Weekly candle is a bullish marubozu and it closed above the previous swing.
we can HOLD!
we can HOLD!
Comentarios:
if you're still holding then move your stops to entry price
HOLD, price might retrace a bit.