THERMAX Long on D Time Frame

Stock was in a short term correction, broke out of D Trend Line(TL) with volume and Positive Covering Candle with a small upper wick, price closed above 50ema indicating a bullish trend, RSI is also bullish one can enter at Day High with a SL below TL.

NOTE: Price might retest TL or Fib level (marked in chart)

Enter @ 1440
SL @ 1377
Tgt @ 1525

Yorum:

Price Retested Trend Line