PRICE GAVE TRENDLINE BREAKOUT BEFORE 2 DAYS AND TODAY IT CONFIRMED DOUBLE BOTTOM GIVING BREAKOUT @ 89.10
TODAY'S MOVE SUGGESTING END OF AN CORRECTION AND START OF NEW IMPULSE.
BREAKOUT IS ALSO ACCOMPANIED BY MACD REVERSAL
EXTREMELY FAVORABLE RISK-REWARD RATIO FROM CURRENT PRICE.
LONG @ CMP OF 89.45 STOP LOSS OF 85 ON CLOSING BASIS TARGET 99. TIME FRAME-1 MONTH.
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