Aegischem on retest zone, ready to fly
AEGISCHEM looks fantastic for a swing trade opportunity. Expecting a good upswing which can catapult the stock to 500+ levels.
It is currently at retest zone, ready to take off. The volume pattern on this stock has been perfect till now, strong expanding volume on breakout and up move, weak contracting volume on retest.
The stock also looks intriguing on weekly charts.
The sector is also in a good structure which adds a cherry on top of the cake.
One can look to enter in this trade with a stop of 330 and an initial target of 525 and then potentially 550
It is currently at retest zone, ready to take off. The volume pattern on this stock has been perfect till now, strong expanding volume on breakout and up move, weak contracting volume on retest.
The stock also looks intriguing on weekly charts.
The sector is also in a good structure which adds a cherry on top of the cake.
One can look to enter in this trade with a stop of 330 and an initial target of 525 and then potentially 550
Trade active:
Incredible move. First target done