Stock has formed trade able big W pattern. One can short the stock with the SL of 271 for a target of 238 which gives a 2.2 RR ratio.
Disclaimer : All ideas and comments are my personnel view. Please take financial consultancy for trading decision.
Disclaimer : All ideas and comments are my personnel view. Please take financial consultancy for trading decision.
Note
Please consider the pattern as bearish big M reversal. Sorry for mistakes,Trade active
Trade closed: target reached
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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.
Related publications
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.