JM FINANCIAL LTDLong
JM financial stock looking good for swing trading
JM financial stock looking good for swing trading as well as positional trading above 86✅
On a weekly chart, the stock has made retest of the previous breakout zone and seems to be bottoming out.
The neckline of a double bottom pattern is at 86. Wait for the price to surpass above 86 after which it could be a good time to execute a trade.📈
Entry: Above 86✅
SL: 77❌
TGT 1: 98.5🔥
TGT 2: 114.28📈
Positional traders can hold till the 133 and 191 as their higher targets.📈📈
Note: Do your own analysis before entering into a trade.
On a weekly chart, the stock has made retest of the previous breakout zone and seems to be bottoming out.
The neckline of a double bottom pattern is at 86. Wait for the price to surpass above 86 after which it could be a good time to execute a trade.📈
Entry: Above 86✅
SL: 77❌
TGT 1: 98.5🔥
TGT 2: 114.28📈
Positional traders can hold till the 133 and 191 as their higher targets.📈📈
Note: Do your own analysis before entering into a trade.
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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.