As shown on the charts, the stock has been forming a rising wedge pattern for quite some time. This time, trading at the lower levels. if bounces, may be bullish for some time.
MACD also shows a possible crossover.
The Setup fails if sustains below 4140 for two days.
The important thing at this point is a good risk-reward ratio.
Only for learning and sharing purposes, not a piece of trading advice in any form.
All the best.
MACD also shows a possible crossover.
The Setup fails if sustains below 4140 for two days.
The important thing at this point is a good risk-reward ratio.
Only for learning and sharing purposes, not a piece of trading advice in any form.
All the best.
Kommentera:
Current price 4180. May be a good price to enter according to setup. All the best.
Kommentera:
Current price 4230. Gaining pace.
Kommentera:
Solid move. reached 4410. stay tuned.
Kommentera:
Near to the first target of 4470. Keep tracking.
Kommentera:
270 points up from the idea created. Let's see ahead.