bottom out in eih associates

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can see divergence on rsi and adx also showing divergence and and we can see trend getting strong ,mostly might not touch covid level ,most stocks do not touch S3 and dont even touch covid level,from now can expect 263 and 294 as tgt1 and tgt2 respectively
As covid cases peaks out and later on each covid problem will be getting solved and the stocks might improve ,however if conditions improve or not the probability to go to covid level is very low ,as other pharmas are decreasing and dr.lalpath lab also decreased which is an indication of +ve ness
similar stock are eih and pvr
disclaimer - this is not an investment call or advice this is only for educational purposes and this just my view trade at your own risk
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Beyond Technical AnalysisTechnical IndicatorsTrend Analysis

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