The stock has been moving within a range for quite a few months.
However, the setup in the current market and its bullish RSI levels looks ripe for BreakOut for this stock if it crosses and sustains over 90.
Expected levels are 97 and 104.
Keep a tight stop loss, probably around 86 levels once the trade is initiated. Or you can adjust basis your own risk profile.
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However, the setup in the current market and its bullish RSI levels looks ripe for BreakOut for this stock if it crosses and sustains over 90.
Expected levels are 97 and 104.
Keep a tight stop loss, probably around 86 levels once the trade is initiated. Or you can adjust basis your own risk profile.
Please follow us for more trading setups like these.
If you have any queries/suggestions related to above pattern, feel free to type below in the comment section.
Do show your love by pressing the like if you liked the idea.
Trade closed: target reached:
Target 1 reached on Oct 21
Trade closed: target reached:
Target 2 reached on Oct 22