Long
Equitas Holding-Price trying to move above the TL
Equitas holdings, the price is trying to move above the falling TL(Trend LIne).
RSI gave a Breakout
Also the price is taking support at 50 DEMA.
Once it closes above the TL i.e 160 it can be longed for 165 and 175 levels
Stops can be placed @ 155
Thanks & Regards
RSI gave a Breakout
Also the price is taking support at 50 DEMA.
Once it closes above the TL i.e 160 it can be longed for 165 and 175 levels
Stops can be placed @ 155
Thanks & Regards
Trade closed: stop reached
The move above the TL was not sustained and it closed below the upper TLand further selling brought the stock below the triangle. Stop reached.
Thanks and Regards
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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.