The Stock has formed big W pattern which is the opposite of big M posted today. We can observe that RSI is showing Divergence One can trade the stock in the following manner :-
Entry current Price 214
SL 207 or below of 204 (Closing) depending upon the risk you want take in this trade
Target 235
Risk/Reward Ratio 3.5
Disclaimer : All ideas are my personnel view. Please take financial consultancy for trading decision.
Entry current Price 214
SL 207 or below of 204 (Closing) depending upon the risk you want take in this trade
Target 235
Risk/Reward Ratio 3.5
Disclaimer : All ideas are my personnel view. Please take financial consultancy for trading decision.
Trade active:
Trade is doing well :)
Trade closed: stop reached
