Divis Labs - Short Term Buy - 21 April 2022
Updated
HI,
Divis Labs looks good for a breakout after a consolidation of many days.
Best buy would be above 4550 with a SL of 4349 (as of now) and targets of 4960 and 5100.
Daily Macd is showing signs of bullishness and Weekly Macd is giving a breakout for upside moves.
Rsi is above 50 and a move above todays high will confirm the bullishness.
Stock is trading above Monthly pivot for quite some time now.
Could be a Flag Pattern also, with a target of Pole - of about 596 points, whichgives a target of around 5000 approx.
Disc : For educational Purpose Only!!
Divis Labs looks good for a breakout after a consolidation of many days.
Best buy would be above 4550 with a SL of 4349 (as of now) and targets of 4960 and 5100.
Daily Macd is showing signs of bullishness and Weekly Macd is giving a breakout for upside moves.
Rsi is above 50 and a move above todays high will confirm the bullishness.
Stock is trading above Monthly pivot for quite some time now.
Could be a Flag Pattern also, with a target of Pole - of about 596 points, whichgives a target of around 5000 approx.
Disc : For educational Purpose Only!!
Note
Its STill in the Given Channel....But again we can give a try and buy it above 4529 and SL of 4441 and as said before the targets are 4960 and 5100
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