KNR CONSTRU LTD.Updated Golden Signals: A Winning Stock Play
As the stock breaks through its weekly resistance level, it's like breaking through a barrier, signaling potential for a price increase. The MACD indicator, which tracks momentum, just showed a bullish signal by crossing its signal line, indicating upward movement. This is further confirmed by a surge in trading volume, suggesting increased investor interest. Adding to the excitement, the stock's Piotroski score—a measure of financial strength—is a solid 9, indicating a fundamentally strong company. In simpler terms, all signs point to this stock being a winner, with both technical and fundamental factors aligning for potential gains.
*Let the stock retest in daily time frame.
Do comment to motivate me to post more such ideas it takes me a lot of time analysing such stocks :).
*Let the stock retest in daily time frame.
Do comment to motivate me to post more such ideas it takes me a lot of time analysing such stocks :).
Trade closed: target reached
TARGET REACHEDNote
to the moon
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.
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.