Alkem stock has been stretched itself

Alkem stock as been stretching itself to very high extend without giving proper pull backs or retracement it needs some time to cool done the previous trend so my view on this is neutral to bearish for short term atleast near to the 200 EMA

Disclaimer:
The content provided in this video is for Educational purposes only and should not be considered as financial advice. I am not a registered financial advisor, and the information presented here is based on my personal opinions and research.
Investing in the stock market involves risks, and past performance is not indicative of future results. The financial markets are subject to various factors that can impact stock prices, and it is important to conduct your own research and consult with a qualified financial professional before making any investment decisions.
I do not guarantee the accuracy or completeness of the information provided in this video, and I disclaim any liability for any loss or damage that may arise from relying on the information presented. It is crucial to consider your own financial situation, risk tolerance, and investment goals before making any investment decisions.
I may have positions in the stocks mentioned in this video, and my interests may conflict with yours. It is important to be aware of potential conflicts of interest and to make investment decisions based on your own independent judgment.
Always seek the advice of a qualified financial professional before making any investment decisions. The content in this video is not intended to be a substitute for professional financial advice, and I encourage viewers to do their own research and/or consult with a qualified financial advisor.
You are responsible for all the risks and financial resources you use and for the chosen trading system.
You should not engage in trading unless you fully understand the nature of transaction you are entering into and the extent of your exposure to loss
All trading strategies are used at your own risk.
Chart PatternsTechnical IndicatorsTrend Analysis

Disclaimer