ESCORTS - Mean Reversion
-Resistance from 900 & reversal zone at 1000
-away from VA
-candle with a long bearish wick formed on 20th Feb 2020
-weak market breadth
-no reason for escorts to outperform
Move will be negated if
-900 sustained with heavy volume
-VA moves up
Target
-VAH
-away from VA
-candle with a long bearish wick formed on 20th Feb 2020
-weak market breadth
-no reason for escorts to outperform
Move will be negated if
-900 sustained with heavy volume
-VA moves up
Target
-VAH
Note
5% down on Day 1, SL trailedNote
SL trailed to PDCTrade closed manually
Trailed SL HIT at 820
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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.