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praveen.bhatiya
Jun 7, 2018 4:15 PM

Trader Vic's 2B/RSI Divergence  Long

BHARAT HEAVY ELECTNSE

Description

The stock has formed 2B reversal pattern with RSI divergence. It has already formed 5 pivots which suggests a possibility of reversal. RSI is back from oversold zone. One can buy the stock for a target of 83.50 * lucrative 10% appreciation *. Recent low should protect the trade as SL.
Disclaimer : All ideas and comments are my personnel view. Please take financial consultancy for trading decision.

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Comments
fcsa
Thanks for this sharp observation of the 2B. I had missed that. Great chart.
praveen.bhatiya
@fcsa, Thanks Let's see how it performs :)
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