Once again the price is trading near the support area of the channel which is considered as a good buy. If one is entering the market long at the support can aim for the channel top as the target which is almost 100 points
AS you see the previous history of the pattern price exactly took support at the channel bottom and rejected at the channel top. Instead of looking for many trades at a time one can select this kind of stocks and make profits with ease.
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.