Stock is moving in a channel.
Currently at support / lower end of channel. As this level have been tested multiple times, might break and give a short opportunity !
However, a good bullish signal / candle might also give a good long opportunity + good R::R!
Worth keeping a watch!
Note: Stock is in downtrend from last 2 years!!
Currently at support / lower end of channel. As this level have been tested multiple times, might break and give a short opportunity !
However, a good bullish signal / candle might also give a good long opportunity + good R::R!
Worth keeping a watch!
Note: Stock is in downtrend from last 2 years!!
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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.