Fresh Buy Sinal on Globus Spr. With MACD getting +ve

Jan 20

GLOBUSSPR today gains on the drop in rice price for ethanol distilleries with MACD turning Positive and RSI showing Strength, it was from a good base if the given resistance is broken it can provide a good swing.

Trade Setup:
It can be a Good 1:1 RISK-REWARD Trade, with the recent base being crucial levels on downside.

Target(Take Profit):
1115.80 Levels for Positional Trader.

Stop-Loss:
Around 795.85 For Swing Trade and Recent BO Base for Positional Trader.

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Disclaimer: This analysis is intended solely for informational and educational purposes and should not be interpreted as financial advice. It is advisable to consult a qualified financial advisor or conduct thorough research before making investment decisions.

Jan 22

Note

MACD and RSI are still Slight Positive Lets see ahead

Jan 23

Note

As mentioned MACD and RSI were slightly positive it gave a 2% Upmove

Jan 28

Note

Although the Trade was not active it touched the stop-loss area.
The Fall wasn't with Volumes showing trap for retailers.
The base is Still Holding.

Jan 29

Order cancelled

Moved Up Today but not with Strength.