HOMEFIRST - Possible Breakout Candidate
The stock has attempted to cross the 630 levels quite a few times but has not been able to do so.
Given the setup, it looks likely to cross the resistance zone if it crosses and sustains the 630 levels.
Keep the stop loss basis your risk profile, and use fibonacci retracement levels indicated in the chart.
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Given the setup, it looks likely to cross the resistance zone if it crosses and sustains the 630 levels.
Keep the stop loss basis your risk profile, and use fibonacci retracement levels indicated in the chart.
Please follow us for more trading setups like these.
If you have any queries/suggestions related to above pattern, feel free to type below in the comment section.
Do show your love by pressing the like if you liked the idea.
Trade closed: target reached:
Target 1 reached on Oct 12
Trade closed: target reached:
Target 2 reached on Nov 12