Hey Traders! 📢
EIHOTEL is showing a promising Breakout and Retest setup, making it an excellent candidate for swing trading. 📈
**Key Points:**
- Clear breakout from previous resistance.
- Retesting the breakout level, confirming potential support.
- Positive momentum indicators.
- Potential for a significant upswing.
**Trade Strategy:**
- Entry: Above the retest level.
- Stop Loss: Below the support-turned-resistance.
- Target: Aim for a favorable risk-reward ratio.
Remember to conduct your analysis and risk management before entering any trade. Happy trading! 🚀💰
#SwingTrading #StockMarket #TechnicalAnalysis #EIHOTEL #TradingView #SwingTradeOpportunity
EIHOTEL is showing a promising Breakout and Retest setup, making it an excellent candidate for swing trading. 📈
**Key Points:**
- Clear breakout from previous resistance.
- Retesting the breakout level, confirming potential support.
- Positive momentum indicators.
- Potential for a significant upswing.
**Trade Strategy:**
- Entry: Above the retest level.
- Stop Loss: Below the support-turned-resistance.
- Target: Aim for a favorable risk-reward ratio.
Remember to conduct your analysis and risk management before entering any trade. Happy trading! 🚀💰
#SwingTrading #StockMarket #TechnicalAnalysis #EIHOTEL #TradingView #SwingTradeOpportunity
Note
Not active yet, wait for levels!
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.