Trend - up in all higher time frames.
Weekly RSI - Took support at 62 and moving up.
Stock has given a bullish penant breakout after consolidating for 5 months - Sep - 2023 to Feb 2024
Retest of the breakout has happened.
Now weekly and daily price actions shows the upward momentum.
Entry - One may wait for daily previous supply levels - 2015 to be hit and take an entry as per reversal in lower time frame. Purely based on risk management - SL %
1827 - would act as a strong support. 7.5% from current levels.
Weekly RSI - Took support at 62 and moving up.
Stock has given a bullish penant breakout after consolidating for 5 months - Sep - 2023 to Feb 2024
Retest of the breakout has happened.
Now weekly and daily price actions shows the upward momentum.
Entry - One may wait for daily previous supply levels - 2015 to be hit and take an entry as per reversal in lower time frame. Purely based on risk management - SL %
1827 - would act as a strong support. 7.5% from current levels.
Not
SL hit.
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.