Go Long above 203.6 for Targets of 251.6, 299.6, and 347.6 with SL 155.6
Reasons to go Long :
1. On a Monthly timeframe the stock has formed a bullish chart pattern, Double Bottom (W pattern).
2. A bullish candlestick pattern Bullish Harami (marked with orange color) is formed.
3. In addition to this the stock gave Trendline breakout on a Weekly timeframe.
Reasons to go Long :
1. On a Monthly timeframe the stock has formed a bullish chart pattern, Double Bottom (W pattern).
2. A bullish candlestick pattern Bullish Harami (marked with orange color) is formed.
3. In addition to this the stock gave Trendline breakout on a Weekly timeframe.
Trade ativo:
Entry triggered on 25 Oct 2021