Is it a fakeout??
Atualizado
Recently the stock has given a breakout from the ascending triangle. But the breakout did not have a strong volume break or follow through. Hence it moved into the triangle and got support again at the lower ascending trend line. Considering this as a deep pullback test, i will go long above 1120 or at minor support zone of 1100 with a small quantity. Will add further more when it breaks successfully 1155 which is the all time high.
Entry - Around 1090 - 1100 if it gets support from here or above 1120.
SL - 1080
T1 - 1135
T2 - 1145
T3 - 1155
T4 - 1200
For study purpose
Thanks.
Entry - Around 1090 - 1100 if it gets support from here or above 1120.
SL - 1080
T1 - 1135
T2 - 1145
T3 - 1155
T4 - 1200
For study purpose
Thanks.
Trade ativo
Nota
Target 1 and 2 are done by 2nd may.
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.