As explained, Glaxo is looking strong for a reversal near support trendline. Trendline breakout can be a beartrap. RSI positive divergence in weekly TF is supporting the analysis. Best buy is near 1265 with SL below 1227 and target of 1345+.
However, this idea is shared just for educational purposes and not a recommendation.
Trade active
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T1 crossed-1390. Hold for bigger returns.
Comment
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Stock ha moved beautifully post 1400 breakout. ATH resistance of 1950