Points to note
1. Price is at a great support
2. Price fell 30% without a retracement or a good consolidation
3. Price is far from 20MA
4. Created a double bottom in 1hr time frame.
My Entry setup
- When the 15 minute candle closes above the neck level of double bottom + Breaks 200 MA
"This is not a call, this is just my view on the stock. Please trade sensibly"
Follow me on trading view to get more ideas like this.
1. Price is at a great support
2. Price fell 30% without a retracement or a good consolidation
3. Price is far from 20MA
4. Created a double bottom in 1hr time frame.
My Entry setup
- When the 15 minute candle closes above the neck level of double bottom + Breaks 200 MA
"This is not a call, this is just my view on the stock. Please trade sensibly"
Follow me on trading view to get more ideas like this.
Trade active
Trade closed: stop reached