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KrishadInv
Nov 27, 2022 7:10 AM

Divis Lab - reversal Trade - Target 3750 & 4450 Long

DIVI'S LABORATORIENSE

Description

Divis Lab - Reversal Trade - Target 3750 & 4450

Showing signs of reversal. 12 days of consolidation then break out
Weekly Doji at support bottom (Sept 2020 levels) followed by Marubuzu this week confirming reversal.

RSI showing strength on daily chart with upward momentum as well as MACD weekly cross over.

Good RR. With 5% as SL one can target 33%.

Also this recommendation/presentation and all future ones are & will be only for learning purpose.

Please consult your financial advisor before investing.
Thank you.
Comments
vanathi
Very good multi time frame analysis. Thank you for sharing it with the community.
Regards
Vanathi
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