fretail is in accumulation phase

fretail has shown extraordinary price action since last couple of weeks. Its all happened in this counter

news, earnings, board meetings....but beauty of technicals of a stock is it still followed the chart patterns. In case of buying strict stoploss to be followed below the green support trendline as per one wishes. My view is not more than 10 percent .Remember this is a weekly chart and decision to be taken on weekly candle close.

happy trading.

Yorum:

perfectly timed.....