Great Opportunity in Sun TV - Breakout Candidate
The stock may given a multiple breakout in next coming week after good consolidation. The risk and reward is very favourable with ratio 1:3.
Points considered in analysis: The chart analysed on weekly time frame and for positional trade only.
- Ascending Triangle Pattern
- Volume accumulation in past few week
- 2 year resistance breakout
- Morning Star Candle
- Fib support at .618
Entry, stop loss and target mentioned in chart itself.
Disclaimer : Consult financial advisor before investing or trading.
Points considered in analysis: The chart analysed on weekly time frame and for positional trade only.
- Ascending Triangle Pattern
- Volume accumulation in past few week
- 2 year resistance breakout
- Morning Star Candle
- Fib support at .618
Entry, stop loss and target mentioned in chart itself.
Disclaimer : Consult financial advisor before investing or trading.
Not
Very strong set up. survived in the selling market and going upward.Not
Breakout !!
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.