K-ELECTRIC LTDLong
KEL K-Electric Limited
The stock displays a bullish flag pattern on strong volume, trading confidently above both the 20 and 200-day EMAs, suggesting robust upward momentum. Yesterday witnessed some profit-taking following the formation of a double top. However, a decisive break above the flag's resistance level will confirm the continuation of the bullish trend.
Trading Strategy:
* Buy: Enter at 5.91
* Targets: 8.84, 11.59
* Stop-Loss: 4.79
Trading Strategy:
* Buy: Enter at 5.91
* Targets: 8.84, 11.59
* Stop-Loss: 4.79
Note
Breached resistance level 🚀🚀🚀🚀
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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.