- Potential selling climax has been reached. - Sellers seem exhausted - Continuous divergence on RSI - Moving averages turning flat - Seems like a good pick from the investment perspective.
Very interesting turn of events in Laurus Labs after the poor earnings result. In hindsight, it seems like it was a "buy the news" event.
Would be interesting to see how it moves over the next few weeks.
Disclaimer: This is NOT investment advice. This post is meant for learning purposes only. Invest your capital at your own risk.
Weekly Time frame is also tempting. Seems like a fast food ! Only good for limited quantity and smaller time horizon with a strict SL. Thanks for identifying and posting it.