Awaiting a breakout preferably on the upper side with volume. The confidence I'm deriving for an upside breakout is from the MACD which is about to undergo a positive crossover.
If Double Bottom is to be believed then the risk reward ratio here is MAGNIFICENT.
Trade ativo
The stock broke out and is descending along the trend line. Stop loss of 126 is on closing basis.
*DISCLAIMER* For educational purposes only. Not a recommendation. Treat StopLoss as your best friend to get you out of troubles.
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