Stock in a downtrend but following a trendline so in this situation before starting the lower journey.. stock should retest the trendline and continue the downward journey
Entry 6800
SLT 6700
Target 7070
Entry 6800
SLT 6700
Target 7070
Comment:
started travelling towards resistance area...
Trade closed: target reached:
now it is at resistance line.. if it breaks and retest than only enter again..