All time High
|
Retracement
|
Consolidation
|
Shake out
|
Volume expansion
|
Breakout
Stock consolidated for a long period of time.
If you check the Fib level's then Retracement is perfectly in line with level's too.
RSI showing perfect breakout too with 60+ level.
MACD already indicated Positive crossover.
Stock is heading for All Time High again.
This kind of consolidation after strong rally is Best possible case scenario for any kind of stock.
Stock might outperform here on.
NO Target's Given. Keep Holding the Stock with Tarling STOP LOSS.
As of now Stop Loss is 1734 (200DEMA) on closing Basis.
|
Retracement
|
Consolidation
|
Shake out
|
Volume expansion
|
Breakout
Stock consolidated for a long period of time.
If you check the Fib level's then Retracement is perfectly in line with level's too.
RSI showing perfect breakout too with 60+ level.
MACD already indicated Positive crossover.
Stock is heading for All Time High again.
This kind of consolidation after strong rally is Best possible case scenario for any kind of stock.
Stock might outperform here on.
NO Target's Given. Keep Holding the Stock with Tarling STOP LOSS.
As of now Stop Loss is 1734 (200DEMA) on closing Basis.
Comment:
Kepp traling Stop loss now.!
Comment:
Keep trailing
.
.
Trade closed: target reached