As shown on a Monthly time frame
HEROMOTOCO
, the stock is both at strong bullish reversal and at resistance. With muted Q2 2018 results, the stock might dip towards 50% retracement of the last candle, which should be accumulated with given stop loss for a R:R of 2+
HEROMOTOCO
, the stock is both at strong bullish reversal and at resistance. With muted Q2 2018 results, the stock might dip towards 50% retracement of the last candle, which should be accumulated with given stop loss for a R:R of 2+
Comment:
Target achieved and close