We have a Bullish BAT pattern shaping up on CNXAUTO.
Some interesting support level to watch out for the reversal area as shown in the chart.
As such pattern looks clean just have to wait for the reversal signal before initiating the trade
Some interesting support level to watch out for the reversal area as shown in the chart.
As such pattern looks clean just have to wait for the reversal signal before initiating the trade
Trade active:
Although it breached our 2nd support level slightly. New low could be a stop loss now. Auto stocks can go up now.
Comment:
I hope You are riding your auto.
Trade closed manually:
Index is not supporting.