Short Downside Swing Possible

anteontem

MAZDOCK fell by 8.7% today and is now at a crucial zone of support near 200 DEMA and a falling 20 DSMA.

Trade Setup:
If it is Unable to Hold 200 DEMA and the Support Zone it May Fall to marked Levels of 1600. No Trade if it Closes above 20 DSMA.

Take Profit:
Near Marked Levels around 1600.

Stoploss:
Entry Candle High or Swing High.

📌Thank you for exploring my idea! I hope you found it valuable.

🙏FLLOW for more
👍BOOST if useful
✍️COMMENT Below your views.

Meanwhile, check out my other stock ideas below until this trade is activated. I would love your feedback.

Disclaimer: This analysis is intended solely for informational and educational purposes and should not be interpreted as financial advice. It is advisable to consult a qualified financial advisor or conduct thorough research before making investment decisions.