CUB TRYING TO BREAK RESISTENACE.
Updated
The stock has tried to break the resistance once.
on thursaady and friday carniage, the stock has come back inside thr triangle.
adding positions with every 2 percent rise.
however, a slight spike on the downside cannot be ruled out. this, would be to shunt out the retail investors inable to take risks.
my suggestion would be to buy a futures lot woth a put option( stoploss of put option set to 45-50 %
Good luck !!
on thursaady and friday carniage, the stock has come back inside thr triangle.
adding positions with every 2 percent rise.
however, a slight spike on the downside cannot be ruled out. this, would be to shunt out the retail investors inable to take risks.
my suggestion would be to buy a futures lot woth a put option( stoploss of put option set to 45-50 %
Good luck !!
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