TradingView
Novicetrader2015
Jul 28, 2021 10:57 AM

BASF - ATH Closing  Long

BASF INDIANSE

Description

Stock has a tendency to form rounding bottom and give BO after consolidating for couple of weeks.

Once can see drying of volumes during consolidation phase
Risen from the golden Fibo level of 61.8% in May
Today stock has given ATH closing
Stock seems set to make another high in coming sessions, targetting 8-9% move

Trade closed: target reached

Patience rewarded, all targets achieved, more than 19% return
More