As shown in chart,
this is an important level for the stock ,
price has returned to these levels after months
with a huge upmove.
I expect a reversal from here in the short term.
If you notice, last time too it approached it strongly but then reversed.
I will look for short in the first days of May,
with a minimal SL .
Upon a certain level above the line,
I'd look for long in the medium term with levels below the line as SL.
this is an important level for the stock ,
price has returned to these levels after months
with a huge upmove.
I expect a reversal from here in the short term.
If you notice, last time too it approached it strongly but then reversed.
I will look for short in the first days of May,
with a minimal SL .
Upon a certain level above the line,
I'd look for long in the medium term with levels below the line as SL.
Comment:
Around 3% down as of now.
Trade closed: target reached:
Intraday profits done.
3.75 % down on closing.
Exited at around average of 3%.
3.75 % down on closing.
Exited at around average of 3%.
Comment:
Will look for long opportunities above the line.
Trade closed manually:
Chart closed. May ended. Straight down fall.
