DISHTV closing higher price on volume, Price Volume Trend higher
After falling on high volume, the stock price closed higher on a higher than previous day volume.
Also, Price Volume Trend (similar to On Balance Volume) is higher, thus there should be strength in the trend.
Entry: around close of 2019-01-28 around 23.9
Stoploss: around low of 2019-01-28 at 19
Target: around support 1 (Fibonacci Pivot Points) around 33
Also, Price Volume Trend (similar to On Balance Volume) is higher, thus there should be strength in the trend.
Entry: around close of 2019-01-28 around 23.9
Stoploss: around low of 2019-01-28 at 19
Target: around support 1 (Fibonacci Pivot Points) around 33
Trade closed manually:
Estimate proved wrong.