Escorts - Long-term trendline support, low risk buy
Escorts is at value buy (low risk), demand zone.
Price has continuously respected the trendline and weekly RSI has not broken 40 support (see highlighted arrows)
Buy after a weekly green candle appears and price starts to trade above it in daily, stop loss will can be 0.5% below the weekly candle close.
Hold for a potential target of 22% upside.
Good luck and Happy trading!
Price has continuously respected the trendline and weekly RSI has not broken 40 support (see highlighted arrows)
Buy after a weekly green candle appears and price starts to trade above it in daily, stop loss will can be 0.5% below the weekly candle close.
Hold for a potential target of 22% upside.
Good luck and Happy trading!
Trade active
Trade closed: target reached
This has now confirmed the support level
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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.