GREAVESCOT trend line analysis , GREAVESCOTTON
i have made a analysis by using few technical indicators and trend lines . My observations is as bellow.
1) Based on the trend line analysis- stock is in consolidation stage. now it has given the breakout
2) stock recently touched the support line ,and gave break out in the triangle pattern
3) It is working in a very good support and resistance levels.
Conclusion :
1) can enter now at CURRENT LEVELS
2) Targets are mentioned in the chart.
Disclaimer Note: MY views are only for the study purpose, paper trading purpose, stock analyzing purpose, better your skill purpose.
Trade at your own risk.
1) Based on the trend line analysis- stock is in consolidation stage. now it has given the breakout
2) stock recently touched the support line ,and gave break out in the triangle pattern
3) It is working in a very good support and resistance levels.
Conclusion :
1) can enter now at CURRENT LEVELS
2) Targets are mentioned in the chart.
Disclaimer Note: MY views are only for the study purpose, paper trading purpose, stock analyzing purpose, better your skill purpose.
Trade at your own risk.
Comment:
stock is performing as expected.