Positional or Long-term Opportunity in ACE
Go Long @ 1059.7 for Targets of 1195.9, 1300, 1390, and 1536.4 with SL 991.6
Reasons to go Long :
1. On Weekly timeframe If we draw Fibonacci retracement from the recent swing low (A) to the swing high (B) then the stock took support from the 0.5 Fibonacci level.
2. In addition to this, the stock formed a Bullish Harami Pattern (marked with a orange color) around 0.5 Fibonacci level.
3. Also there is a strong demand zone from which the stock is taking support.
Reasons to go Long :
1. On Weekly timeframe If we draw Fibonacci retracement from the recent swing low (A) to the swing high (B) then the stock took support from the 0.5 Fibonacci level.
2. In addition to this, the stock formed a Bullish Harami Pattern (marked with a orange color) around 0.5 Fibonacci level.
3. Also there is a strong demand zone from which the stock is taking support.
Trade ativo
Aviso legal
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Aviso legal
As informações e publicações não se destinam a ser, e não constituem, conselhos ou recomendações financeiras, de investimento, comerciais ou de outro tipo fornecidos ou endossados pela TradingView. Leia mais nos Termos de Uso.