Cams has hit the demand zone and is now looking for a reversal to climb the ladder up. Todays Green candle indicates that it is picking up pace and continuing the uptrend which reversed from 3000 levels. This stock is a good buy now and a cheap buy as my motto is buy cheap and sell high. The stock is a good setup of a demand zone and Fibonacci retracement and can keep a stop loss around 2800 level and the targets can be kept at 3315-3580-4000 according to swing, short term and long term respectively. Thank you and happy trading.
Trade ativo
Those holding cams continue holding cams as there is no worry as of now as the stock is consolidating at the demand zone. Its moving a sideways trend and necessary action of buying or selling should be taken if the stock moves in either direction. Hence one who would like to take a fresh entry can do so at their own risk, and the ones who would like to play safe wait for more confirmation on direction.
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Aviso legal
As informações e publicações não devem ser e não constituem conselhos ou recomendações financeiras, de investimento, de negociação ou de qualquer outro tipo, fornecidas ou endossadas pela TradingView. Leia mais em Termos de uso.