LICHSHGFIN BREAKING OUT OF FALLING WEDGE PATTERN
SUMMARY:-
*stock is breaking out of falling wedge pattern
*also stock is on the verge of breaking its 200-ema
*stock can see massive short-covering above 400
LICHSGFIN CASH
BUY@391-393
STOP@383
TARGET@407-414-421
*if stock breaks back into pattern then pattern has failed
*so risk reward ratio is good
*week chart indicates big moves above 420
NOTE:
*do not over trade
*manage risk and manage risk appetite
*channel trade active since morning
*check link in the signature box below
*stock is breaking out of falling wedge pattern
*also stock is on the verge of breaking its 200-ema
*stock can see massive short-covering above 400
LICHSGFIN CASH
BUY@391-393
STOP@383
TARGET@407-414-421
*if stock breaks back into pattern then pattern has failed
*so risk reward ratio is good
*week chart indicates big moves above 420
NOTE:
*do not over trade
*manage risk and manage risk appetite
*channel trade active since morning
*check link in the signature box below
Trade active
STOCK LOOKING GOOD TRADING ABOVE 200-EMAA WEEKLY CLOSE ABOVE 410 WILL OPEN ABOVE TARGET OF 425-430
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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.