Long
SYMMETRIC TRIANGLE, SWING TRADE, INOX
All the multiplex theaters are consolidating for longtime. some places have already opened theaters with strict covid rules. I guess any proper vaccine news can move them up and giving a breakout.
Inox formed a symmetric triangle, which when breaks the resistance along with volume activity may be the indication of Long entry.
stop loss may be placed according to personal risk management.
NB: This is not a stock recommendation, just sharing my views only.
Inox formed a symmetric triangle, which when breaks the resistance along with volume activity may be the indication of Long entry.
stop loss may be placed according to personal risk management.
NB: This is not a stock recommendation, just sharing my views only.
Note
BROKEN and flying
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.