DIVISLAB- Confluence Trading strategy
Price closed
1. Above upper trendline marked
2. 4370 levels was the previous support turned resistance which has now been broken on the upside. Did try quite a few times over the last few days at this level
3. Stock closed above 50 EMA
4. Stock closed at the 200 EMA. Could have been more positive about this if it closed above the 200 EMA
5. Good volumes
Target levels marked
PS: This is purely my view of the stock and not an advisory call.
1. Above upper trendline marked
2. 4370 levels was the previous support turned resistance which has now been broken on the upside. Did try quite a few times over the last few days at this level
3. Stock closed above 50 EMA
4. Stock closed at the 200 EMA. Could have been more positive about this if it closed above the 200 EMA
5. Good volumes
Target levels marked
PS: This is purely my view of the stock and not an advisory call.
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