Buy the stock if a 1day candle form above 1120, with stop loss of 1110 on closing bases.
When the stock was falling in march, it was tested near 1120 before falling further down, so if it could break this, this mean that it will come over the selling pressure. which will lead the stock to 1178,1200,1230,1260
All these Information is based on my personal knowledge and may be wrong, involves risk. This is Educational purpose to make my ideas reached to all, and investment at your own risk.
Be safe, and good luck for your Investments.
When the stock was falling in march, it was tested near 1120 before falling further down, so if it could break this, this mean that it will come over the selling pressure. which will lead the stock to 1178,1200,1230,1260
All these Information is based on my personal knowledge and may be wrong, involves risk. This is Educational purpose to make my ideas reached to all, and investment at your own risk.
Be safe, and good luck for your Investments.
Comment:
Watch out todays candle can be a false breakout, because it is experiencing huge amount of selling pressure at 1127